The implications of China’s investment-driven economy on its energy consumption and carbon emissions
Chinas economy and its growth are typically considered investment-driven,due to the large contribution of its domestic investment-induced capital formation.However,the effects of Chinas investment-driven economy on its energy consumption and carbon emissions are still ambiguous and existing researches on this issue are limited.In this paper we aim to fill the research gap by analyzing the relationship between Chinas domestic investment and energy consumption,as well as related carbon emissions,using both qualitative and quantitative methods.First,we use an expenditure-approach-based framework to qualitatively examine the effects of Chinas domestic investment on its energy consumption.Also based on this framework,we define and differentiate the investment-driven energy consumption and carbon emissions from that which is driven by other economic activities.Second,we establish an energy input-output model to quantify Chinas investment-driven energy consumption and carbon emissions in terms of volume,share of total and distribution by sector.The results reveal that in 2007,Chinas domestic investment contributed one third of both its total national energy consumption and carbon emissions.Further results show that in the same year,a majority of this investment-driven energy consumption and carbon emissions,namely nine tenths of the total,is attributable to the construction and manufacturing sectors.Finally,given our results,we use the construction sector as a case to discuss how to determine the energy-saving,as well as emission-reduction potential of improving investment-driven energy consumption practices.The key findings of this study improve the understanding of how Chinas domestic investment affects its energy consumption and the associated carbon emissions.
China Investment Energy Consumption Carbon Emission Embodied Energy
Feng Fu Linwei Ma Zheng Li Karen R Polenske
State Key Laboratory of Power Systems,Department of Thermal Engineering,Tsinghua-BP Clean Energy Cen Department of Urban Studies and Planning,Massachusetts Institute of Technology,77 Massachusetts Aven
国际会议
桂林
英文
1-11
2013-07-16（万方平台首次上网日期，不代表论文的发表时间）