Search results for ""Author ZhongXiang Zhang""

This book is the first systematic and comprehensive analysis of the economic implications of carbon abatement for the Chinese economy. It evaluates the economics of climate change and provides national, cost-effective policies for climate change. The book consists of three main parts, firstly, an analysis of the Chinese energy system to increase awareness of the implications of this sector for China's future carbon dioxide emissions, secondly, a macroeconomic analysis of carbon dioxide emissions limits using a newly-developed computable general equilibrium model of the Chinese economy; and fianlly, a cost-effective analysis of carbon abatement options by means of a technology-oriented dynamic optimization model. The author begins by introducing some of the economic aspects of climate change including the consequences of climate change,damage estimates of carbon dioxide emissions, strategies for responding to climate change and policy instruments to control carbon dioxide emissions. This discussion then focuses on the Chinese energy system and possible sectoral and macroeconomic effects of limiting carbon dioxide emissions. In this examination Dr Zhang considers the effects of recycling carbon tax revenues and compliance with carbon dioxide limits in China's power industry. The author also evaluates various economic models in analyzing cost estimates for limiting carbon dioxide emissions, including an input-output approach, dynamic optimization and a computable general equilibrium approach. Finally, there is a discussion of technological aspects of carbon abatement in the Chinese power industry. The Economics of Energy Policy in China will be of interest to energy and environmental economists and policymakers.

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This pioneering book provides a comprehensive, rigorous and in-depth analysis of China's energy and environmental policy for the transition towards a low-carbon economy. This unique book focuses on concrete, constructive and realistic solutions to China's unprecedented environmental pollution and rising greenhouse gas emissions from burning fossil fuels and energy security as a result of steeply rising oil imports. It provides an up-to-date factual analysis of China's efforts and commitments to improve energy efficiency, to cut pollutants and to increase the use of renewable energy to create a low-carbon economy. The author explores many of the policies and measures that China has put in place to save energy and reduce emissions, as well as examines new policies and measures in order for China to be successful. Energy and Environmental Policy in China will prove to be of great value to practitioners and policy makers, as well as to academies and students in the areas of economics, environmental studies, Asian studies, regional and urban studies, law, political science and sociology.

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