Preface／001
Ⅰ General Report
1 Emerging changes in low-carbon development in China／001
1. The 12th Five-Year Plan period: low-carbon development inching along／001
2. Downward adjustment of economic growth target rate is beneficial to low-carbon transition／004
3. New model of urbanization contributes to low-carbon development／008
4. Smog control facilitates total coal consumption control／014
5. Optimizing energy structure depends on capping total energy consumption／021
6. Summary／022
Ⅱ Hot Topics
2 Smog control and low-carbon development／025
1. The carbon reduction effects of smog control policies
——The case of total coal consumption control／026
2. High carbon emission risks of smog control measures
——The case of replacing coal with coal-to-gas／062
3 New urbanization and low-carbon development／077
1. Modern urbanization is a carbon-intensive process／078
2. Urbanization in China has been accompanied by rising carbon emissions／079
3. Experience in low-carbon urbanization／095
4. Managing urbanization from the perspective of low-carbon development／115
5. Conclusions／123
4 The role of shale gas development in low-carbon development／125
1. Analysis of the carbon reduction effects of shale gas development in the United States／128
2. Forecast of the carbon reduction effects of shale gas development in China／135
3. Policy implications of shale gas development in the United States for China／140
4. Summary／144
Ⅲ Financing
5 Energy efficiency investment and financing／149
1. Overview of energy efficiency investment and financing／150
2. Funding sources for energy efficiency／153
3. Fields of energy efficiency investment／159
4. Effects of energy efficiency investment／161
6 Renewable energy investment and financing／177
1. Overview of renewable energy investment and financing／177
2. Funding sources of renewable energy／181
3. Fields of renewable energy investment／186
4. Effects of renewable energy investment／188
7 The role of governments in financing activities of photovoltaic enterprises／206
1. Background／207
2. Introduction of corporate case studies／209
3. The roles of local governments in financing activities of the photovoltaic enterprises／218
4. The role of the central government in financing activities of the photovoltaic enterprises／227
5. Conclusions／230
6. Policy implications／231
Ⅳ Case Studies
8 Response of industrial enterprises to energy-saving policies／236
1. Overall industrial performance in energy efficiency／238
2. Energy-saving measures of enterprises／244
3. Impact of energy-saving policies on efficiency improvements by industrial enterprises／249
4. Energy-saving challenges for industrial enterprises in the 12th Five-Year Plan period／255
9 The relationship between PM2.5 in Beijing and heating sources
in winter and regulatory measures／262
1. Introduction／262
2. Composition and formation mechanisms of PM2.5／264
3. Comparison of the contributions of different heating sources to PM2.5 in Beijing／268
4. Rational use of natural gas from the perspective of energy structure in China／276
5. Conclusions and recommendations／277
10 Rationale and framework of the Low-Carbon Plan of Hengqin New Area／280
1. Background and significance of the Hengqin Low-Carbon Plan／283
2. Principle and methodology of the plan／286
3. Targets and contents of the plan／292
4. Strategic vision and roadmap／297
Ⅴ Indicators
11 Low-carbon development indicators／303
1. Energy consumption and CO2 emissions／303
2. Energy and CO2 emission efficiency／309
3. Structure of energy consumption／316
4. International comparison／319
Ⅵ Appendices
12 Appendix 1 Glossary／322
13 Appendix 2 Units／324
14 Appendix 3 Acronyms and Abbreviations／325
15 Index of Figures and Tables／326
QI Ye (齐晔), Ph.D. (1994) in Environmental Science, State University of New York and Syracuse University, is Cheung Kong Professor of Environmental Policy at Tsinghua University School of Public Policy and Management, and Director of the Climate Policy Institute at Tsinghua. He publishes extensively on climate change and environmental policy in China.
Description:
The book examines changes and uncertainty in the development of the low-carbon field, including the emissions reduction effects of measures for combating smog, the low-carbon transformation of cities under China’s new urbanization model and the contributions of shale gas development toward carbon emissions reduction. As in the previous ones, this volume again features a section on energy efficiency and fund-raising for and investment toward renewable energy, and the focuses for this year include the use of funds and return on investment, the difficulties facing efforts to use government investment in energy efficiency as a signal for or way of encouraging private investors to follow suit, and the unsustainability of the financing model used for the solar panel industry, in which the government played an important role. The book also presents empirical findings in energy conservation, smog reduction, and policy choices for realizing low-carbon urbanization, and their implementation.
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