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A research on the policies to realise carbon intensity targets in China

Bibliographic Data

ID15068342
AuthorsHuihui Liu (0009-0009-1636-7142, Wenzhou Business College, corresponding author), Wanmeng Dong (International College, Krirk University, Bangkok, Thailand), Xianfen Xie (0000-0002-7204-2555, Jinan University), Hao Liu (0000-0002-4971-7315, Wenzhou Business College)
Year2023
Volume36
Issue3
Publication date2023-12-25
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2023.2218471
OpenAlexW4381140901
LanguageEN
References cited7

In the context of carbon peaking and neutrality, it would be interesting to study the policy conditions for achieving carbon targets. From a technical perspective, this study constructed a theoretical model of the relationship between energy tax policy, R&D subsidy policy, and energy intensity within the framework of biassed technical change. Subsequently, through the logical relationship between energy and carbon intensities, three combination policy schemes for achieving the carbon intensity target were obtained. The findings are as follows: First, a higher rate of energy tax and R&D subsidy is destined to lead to a lower energy intensity, and energy tax policy can better boost energy intensity than R&D subsidy policy. Second, in terms of pulling the carbon intensity, the effect of the energy tax policy is better than that of the R&D subsidy policy, but in terms of its impact on the future policy effect, the R&D subsidy policy is better than the energy tax policy. Third, China should adopt a combination of policies to reduce carbon intensity, with a certain increase in the energy tax policy and a certain increase in the R&D subsidy rate policy

Carbon fibers · Carbon tax · China · Economics · Energy intensity · Energy policy · Geography · Greenhouse gas · Market economy · Natural resource economics · Political science · Public economics · Renewable energy · Subsidy · Tax policy · Tax reform · Computer Science · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Environmental Impact and Sustainability · Law · Mathematics

  • Directed Technical Change

    Daron Acemoglu•The Review of Economic Studies•2002

  • The Environment and Directed Technical Change

    Daron Acemoglu, Philippe Aghion et al.•American Economic Review•2012

  • CO 2 emissions, urbanisation and economic growth

    Open Access•Soheila Khoshnevis Yazdi, Anahita Golestani Dariani•Economic Research-Ekonomska…•2019

  • An empirical study on the endogeneity of directed technical change in China

    Open Access•Huihui Liu, Hao Liu•Economic Research-Ekonomska…•2022

Highly citedNo

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