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UNFCCC Conference China Corner: Green Development in China. China’s Low-carbon Development Xue Jinjun, Professor at School of Economics, Nagoya University Chairman of Academic Committee, Institute of Global Low-carbon Economy ( http://iglce.org/ ). Contents. China’s High Carbon Economy
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UNFCCCConference China Corner: Green Development in China China’s Low-carbon Development Xue Jinjun, Professor at School of Economics, Nagoya University Chairman of Academic Committee, Institute of Global Low-carbon Economy(http://iglce.org/)
Contents • China’s High Carbon Economy • A Theory for the Low-carbon Economics • China Towards a Low-carbon Economy • Conclusion
2, China’s High Carbon Economy(1) China’s High Growth Figure 2 GDP Per Capita Source: IMF,World Economic Outlook 2011. CIA, 2011. World Bank,World Development Indicators 2011.
1, China’s High Carbon Economy (2) Export-led growth Figure 4 Trade Ratio in China [(Export + Import) / GDP] Source: China Statistics Yearbook 2011.
1, China’s High Carbon Economy (2) Export-led Growth Export and CO2 Emission in China Source: World Bank, Data Base, China.
1, China’s High Carbon Economy (3) China’senvironment KuznetsCurve – SO2 Source: China Statistics Yearbook 2011.
1, China’s High Carbon Economy (4) China’sCarbonKuznetsCurve – CO2 Source: IMF,World Economic Outlook 2011. CIA, 2011. World Bank,World Development Indicators 2011.
Ⅰ. China’s High Carbon Economy (6) The world largest carbon emitter The Shares of China in the world Population: Manufacturing Production Source: IMF,World Economic Outlook 2011. CIA, 2011. World Bank,World Development Indicators 2011.
2. A Theory for the Low-carbon Economy (3) Carbon and environment constrained EKC 10
2. A Theory for the Low-carbon Economy (5) The Low-carbon catch-up theory and a new EKC LCE with new Tech.
3, China Toward a Low-carbon Economy (1) Background • Copenhagen Accord (COP15, Denmark 2009): • United States sets its targets that would reduce GHG emissions to 17% below 2005 levels by 2020; 42% by 2030; and 83% by 2050. • European Union promised to cut its GHG emissions by 30% below 1990 levels by 2020. • New Japan government pledged to cut its GHG emissions by 25% below 1990 levels by 2020. • Canada's target is to reduce GHG emissions by 20% below 2006 levels by 2020. • China announced its intention to reduce the CO2 emissions intensity within its economy by 40-45% by 2020.
3. China’ Toward a Low-carbon Economy (2) Decreasing of CO2 Emission Per GDP
3, China Toward a Low-carbon Economy (3) Energy Structure in China Source: China’s Statistical Yearbook, 2011
Achievements gained Accumulated CO2 emission reduction amounts to 1.4 billion tons Accumulated energy savings exceed 0.6 billion tce Energy Intensity of GDP reduced by 19.06%
3, China Toward a Low-carbon Economy (3) Energy Intensity in China Source: Xue and Zhu (2011).
3, China Toward a Low-carbon Economy (4) Energy Saving Achievement in the period of the 11th 5-year Plan Source: Xue and Zhu (2011).
3, China Toward a Low-carbon Economy (5) Factor Decomposition of Energy Saving Effect Source: Xue and Zhu, 2011
3, China Toward a Low-carbon Economy (6) Contribution of key policies to carbon intensity improvement of GDP (2005-2009) Source: Xue and Zhu, 2011
Conclusions on decomposition of energy intensity of GDP • Energy saving due to structural effect mostly comes from structural adjustment within the secondary sector and tertiary sector • Structural adjustment among the primary sector, the secondary sector and the tertiary sector only contribute about 7.9% Energy-saving and its Contributions from Structure Change for 11th FYP
Conclusions on decomposition of energy intensity of GDP • From the perspective of action based approach, most energy saving comes from the ten key energy saving projects.
3, China Toward a Low-carbon Economy (7) Green-Low-Carbon Development in the 12th FYP Source: The 12th FYP, 2011
3, China Toward a Low-carbon Economy (8) Non-fossil Energy Development Plan in the 12th FYP Source: Xuan Xiaowei, 2011
4, Conclusion • China became the second super economic power as well as the largest carbon emitter in the world. • China, as an emerging economy and responsible super power, should take bigger responsibility and act as a leader in carbon emission reduction. • China has been making the biggest contribution to the global worming world issue by actively dealing reducing energy intensity and carbon emissions. • The 12th FYP will lead China to a Green-low-carbon Economy.