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Xunpeng (Roc) Shi is Principal Research Fellow at the Australia-China Relations Institute, University of Technology Sydney. He is an advisor to Global Gas Center (GGC), APEC Sustainable Energy Center (APSEC), and Energy Division of UN ESCAP, Distinguished Research Fellow at the Yangtze River Industrial Economic Research Institute at Nanjing University, a Visiting Professor at Hubei University of Economics, and a Council Member of the “Chinese Economics Society Australia” (CESA) and was its President in 2016-2018. In 2020, The Australian named him as the Top 250 Researchers in Australia and the field leader in Environmental Law and Policy. His research interests cover the full spectrum of energy issues including fossil fuels, renewable and climate change. His areas of expertise include environmental and energy economics, sustainable development and the Chinese economy, with sectoral focuses on coal, natural gas and renewables and regional focuses on Australia, ASEAN, and Northeast Asia.
The present energy system faces at least two challenges. For one thing, the power system’s stability is challenged by the increasing penetration of variable renewable energies, especially wind power, due to its fluctuation and intermittency. For the other, the transport sector is facing enormous difficulty to decarbonize. This paper proposes a new energy system that integrates the hydrogen production and distribution system to the combined cooling, heating and power (CCHP) system with significant wind power to solve these two challenges simultaneously. The new energy system can meet the energy needs of the building. At the same time, the wind power utilization rate reaches 92.6%, and the typical daily hydrogen production capacity in winter, transition season and summer is 500 kg, 500 kg and 266 kg, respectively. The system’s energy efficiency is 72%, and the energy of the system is utilized efficiently. By comparison, the new system can reduce costs and carbon dioxide emissions, save primary energy, and effectively improve energy efficiency.
Nan Li; Xunwen Zhao; Xunpeng Shi; Zhenwei Pei; Hailin Mu; Farhad Taghizadeh-Hesary. Integrated energy systems with CCHP and hydrogen supply: A new outlet for curtailed wind power. Applied Energy 2021, 303, 117619 .
AMA StyleNan Li, Xunwen Zhao, Xunpeng Shi, Zhenwei Pei, Hailin Mu, Farhad Taghizadeh-Hesary. Integrated energy systems with CCHP and hydrogen supply: A new outlet for curtailed wind power. Applied Energy. 2021; 303 ():117619.
Chicago/Turabian StyleNan Li; Xunwen Zhao; Xunpeng Shi; Zhenwei Pei; Hailin Mu; Farhad Taghizadeh-Hesary. 2021. "Integrated energy systems with CCHP and hydrogen supply: A new outlet for curtailed wind power." Applied Energy 303, no. : 117619.
Avoiding dirty asset stranding matters for protecting wealth and employment in the economies that are rich in pollution-intensive fossil energy and resource assets. This paper analyses, empirically and theoretically, the mechanism for energy transition without dirty capital stranding. We show that a shock that tightens pollution regulations will lead to downward adjustments of capital stocks, investment, capital values, and outputs. However, when the transition includes dynamically accumulating clean capital to induce green structural change, the transition path will move to an equilibrium where both dirty and clean capital can coexist and grow simultaneously. Clean capital, by eliminating the polluting effect of dirty capital, protects the economic values of dirty capital and thus mitigates the extent of dirty capital stranding. When the preference has a unitary elasticity of substitution between consumption and environmental goods and there is no adjustment cost in clean capital accumulation, the energy transition can occur along a balanced growth path with sustained growth of consumption, production, and capital stocks in the long run.
Wei Jin; Xunpeng Shi; Lin Zhang. Energy transition without dirty capital stranding. Energy Economics 2021, 102, 105508 .
AMA StyleWei Jin, Xunpeng Shi, Lin Zhang. Energy transition without dirty capital stranding. Energy Economics. 2021; 102 ():105508.
Chicago/Turabian StyleWei Jin; Xunpeng Shi; Lin Zhang. 2021. "Energy transition without dirty capital stranding." Energy Economics 102, no. : 105508.
Purpose The role of energy or emission intensive firms face contradictory demands from advancing economic development and environmental improvement and protection and thus require appropriate policy interventions to balance the two needs. China's “Green Credit” policy that restricts loans to energy or emission intensive firms provides an example to study the impact of these kinds of policy intervention. Design/methodology/approach Using the data of all A-share listed companies in Shanghai and Shenzhen stock exchanges, our paper empirically analyzes the impact of the Green Credit Policy on performance of these energy or emission intensive firms. Findings (1) Using difference-in-difference (DID) and propensity score matching (PSM)-DID method and the dynamic effect method, we found that from 2012 to 2015, the Green Credit Policy had an inhibiting effect on the performance of energy or emission intensive firms. This inhibiting effect was gradually weakened in 2016, and it turned into a positive promoting effect in 2017; (2) The performance's change of these firms around 2015 showed that Green Credit promoted the green transformation and upgrading of these firms; (3) Loans were helpful to the performance of energy or emission intensive firms to some extent, but government subsidies were not significant. Originality/value The results suggest that the government, banks and other institutions should dynamically assess the implementation results of the Green Credit Policy on energy or emission intensive firms.
Qin Zhang; Li Xu; Keying Wang; Xunpeng Shi. What effect did the Green Credit Policy have on China's energy or emission intensive firms? International Journal of Emerging Markets 2021, ahead-of-p, 1 .
AMA StyleQin Zhang, Li Xu, Keying Wang, Xunpeng Shi. What effect did the Green Credit Policy have on China's energy or emission intensive firms? International Journal of Emerging Markets. 2021; ahead-of-p (ahead-of-p):1.
Chicago/Turabian StyleQin Zhang; Li Xu; Keying Wang; Xunpeng Shi. 2021. "What effect did the Green Credit Policy have on China's energy or emission intensive firms?" International Journal of Emerging Markets ahead-of-p, no. ahead-of-p: 1.
The Chinese government implemented the energy-consumption permit trading scheme (ECPTS) pilot program in 2016, in order to achieve energy saving and carbon reduction. Based on the PSM-DID model, we attempt to test the effects of the ECPTS on energy consumption and energy intensity. With a counterfactual simulation, this paper also evaluates the potential gains and different mechanisms of this policy. The results show that, under the constraints of the established resources and policy efficiency, there is a positive relationship between the ECPTS and low-carbon economic transformation; the implementation of the above policy in the pilot provinces brought about an average energy saving of 43 Mtce during the period of 2016–2019. However, the potential gains of this policy need to be further increased to meet China’s energy control targets. Additionally, a complete mediating effect of the energy structure indicates that the impact of the ECPTS on energy consumption and energy intensity depends significantly on energy structure adjustments. Finally, this paper highlights the key policy implications associated with the empirical results.
Yanfang Zhang; Siyuan Guo; Xunpeng Shi; Xiangyan Qian; Rui Nie. A market instrument to achieve carbon neutrality: Is China’s energy-consumption permit trading scheme effective? Applied Energy 2021, 299, 117338 .
AMA StyleYanfang Zhang, Siyuan Guo, Xunpeng Shi, Xiangyan Qian, Rui Nie. A market instrument to achieve carbon neutrality: Is China’s energy-consumption permit trading scheme effective? Applied Energy. 2021; 299 ():117338.
Chicago/Turabian StyleYanfang Zhang; Siyuan Guo; Xunpeng Shi; Xiangyan Qian; Rui Nie. 2021. "A market instrument to achieve carbon neutrality: Is China’s energy-consumption permit trading scheme effective?" Applied Energy 299, no. : 117338.
While the retirement of fossil fuel capacity is an inevitable consequence of the energy transition to carbon neutrality, policymakers face challenges in setting the pace in order that the energy transition policies do not significantly damage the economy. This paper designs a dynamic stochastic general equilibrium (DSGE) model to examine the macroeconomic effects of coal capacity cut policy (CCP) shocks on the Chinese economy. The results show that: firstly, an energy policy shock can distort the transmission effect of coal supply and demand and other factors on coal prices. Secondly, the impact of different policy tools is significantly different on the macroeconomic system, in which the economic effect of advanced capacity replacement is the weakest. Thirdly, in the short term, no matter which policy tool is adopted, the CCP will inevitably lead to a reduction in social welfare levels. The study suggests that in the short term, the Chinese government can further release more replacement quotas of capacity with advanced production efficiency, and innovate other policy tools for coal industrial structural optimization and synergistic effects with environmental regulation. In addition, the results highlight the need for market mechanisms to further accelerate the energy transition over the long run.
Yanfang Zhang; Xunpeng Shi; Xiangyan Qian; Sai Chen; Rui Nie. Macroeconomic effect of energy transition to carbon neutrality: Evidence from China's coal capacity cut policy. Energy Policy 2021, 155, 112374 .
AMA StyleYanfang Zhang, Xunpeng Shi, Xiangyan Qian, Sai Chen, Rui Nie. Macroeconomic effect of energy transition to carbon neutrality: Evidence from China's coal capacity cut policy. Energy Policy. 2021; 155 ():112374.
Chicago/Turabian StyleYanfang Zhang; Xunpeng Shi; Xiangyan Qian; Sai Chen; Rui Nie. 2021. "Macroeconomic effect of energy transition to carbon neutrality: Evidence from China's coal capacity cut policy." Energy Policy 155, no. : 112374.
Prompted by the urgency of climate change, this paper analyses the impediments for coal phase-out, by using the Greater Bay Region in China as a case study. Rather than factors specific to coal production, transport and consumption (e.g., subsidies, and vested interests), as suggested by existing literature, the analysis of this paper demonstrates that coal phase-out in the region has encountered a range of market (e.g., high gas price), infrastructure (such as, inadequate network), and regulatory (e.g., prolonged project approval) impediments; these impediments have hindered the effective deployment of alternative energy sources, raising concern about coal phase-out and its crippling impacts on the security of energy supply. Redressing these impediments is therefore a key priority for promoting a smooth coal phase-out in the region. This requires a mix of policies addressing two dimensions: 1) those aimed at squeezing out coal from the energy-mix to create room for alternative low-carbon energy sources; and 2) those aimed at supporting the uptake of these sources. Implementing these policies is however a challenging task as it relies on close-centre-local, and inter- and intra-regional cooperation, especially in a resource-poor region with a disperse energy endowment. Achieving this is difficult because the energy policy process of the country has long been characterised by fragmented authority and territorial administrative divisions with a proclivity for local governments to work in isolation from each other.
Peng Wang; Muyi Yang; Kristy Mamaril; Xunpeng Shi; Beibei Cheng; Daiqing Zhao. Explaining the slow progress of coal phase-out: The case of Guangdong-Hong Kong-Macao Greater Bay Region. Energy Policy 2021, 155, 112331 .
AMA StylePeng Wang, Muyi Yang, Kristy Mamaril, Xunpeng Shi, Beibei Cheng, Daiqing Zhao. Explaining the slow progress of coal phase-out: The case of Guangdong-Hong Kong-Macao Greater Bay Region. Energy Policy. 2021; 155 ():112331.
Chicago/Turabian StylePeng Wang; Muyi Yang; Kristy Mamaril; Xunpeng Shi; Beibei Cheng; Daiqing Zhao. 2021. "Explaining the slow progress of coal phase-out: The case of Guangdong-Hong Kong-Macao Greater Bay Region." Energy Policy 155, no. : 112331.
This paper is an empirical study of per capita CO2 emissions divergence. Trade intensity reflects the strength of bilateral trade relations between China and the Belt and Road Initiative (BRI) countries. Using panel data covering 97 of the BRI countries from 2002 to 2017 and employing the dynamic panel system generalized method of moments (GMM) model with additional instrumental variables of remoteness and the Shapley value decomposition technique, this study has three main findings. First, the import intensity from China tends to restrain per capita CO2 emissions, but the export intensity to China tends to promote per capita CO2 emissions of BRI countries. Second, the Gini coefficient of per capita CO2 emissions continually decreases, representing a gradually weakened divergence. Third, from 2009 the impact of import intensity from China on the divergence changed from increasing CO2 emissions to restraining them. However, export intensity to China has continually promoted the divergence among the BRI countries, with the impact being largest in 2016. The results suggest that China should adjust the sources of its energy imports and the destinations of its exports, and develop green trade cooperation with the BRI countries to jointly tackle climate change.
Yan Wu; Xunpeng Shi; Cong Hu. Per capita CO2 emissions divergence influenced by bilateral trade with china under the belt and road initiative. Sustainable Production and Consumption 2021, 27, 1589 -1601.
AMA StyleYan Wu, Xunpeng Shi, Cong Hu. Per capita CO2 emissions divergence influenced by bilateral trade with china under the belt and road initiative. Sustainable Production and Consumption. 2021; 27 ():1589-1601.
Chicago/Turabian StyleYan Wu; Xunpeng Shi; Cong Hu. 2021. "Per capita CO2 emissions divergence influenced by bilateral trade with china under the belt and road initiative." Sustainable Production and Consumption 27, no. : 1589-1601.
In recent years, Shandong Province became one of China's largest carbon emitters; however, existing studies failed to capture the recent trends and the key driving factors behind it at the city level. In this study, we computed the city-level CO2 emission by employing accounting methods and Logarithmic Mean Divisia Index (LMDI) to provide a holistic picture and measure the contributing factors CO2 emissions across 16 cities in Shandong Province during 2010–2018. Research outcomes indicate that Shandong's CO2 emissions showed an increasing trend during 2010–2018, except in 2013. Shandong Province's GDP per capita and population size promote energy-related CO2 emissions from 2010 to 2018. Energy intensity is the main driving force behind Shandong's significant CO2 emission growth, followed by the energy consumption structure. Emission intensity and regional structure partly offset the CO2 emission increase. Industrial structure is the most important driving factor in reducing emissions; however, its emission reduction effect is not stable in some cities and sectors, especially for the nonmetal and metal industry, petroleum and chemical industry, and energy sector. Dongying is the top emitter across Shandong from 2010 to 2018. Its emissions mainly come from the petroleum and chemical industry. The largest driving factors are the energy intensity and industrial structure. Investigating CO2 emissions at the city level yields a strong recommendation that Shandong Province's regions cooperate to improve development patterns.
Hua Yang; Zhengnan Lu; Xunpeng Shi; Sulaman Muhammad; Ye Cao. How well has economic strategy changed CO2 emissions? Evidence from China's largest emission province. Science of The Total Environment 2021, 774, 146575 .
AMA StyleHua Yang, Zhengnan Lu, Xunpeng Shi, Sulaman Muhammad, Ye Cao. How well has economic strategy changed CO2 emissions? Evidence from China's largest emission province. Science of The Total Environment. 2021; 774 ():146575.
Chicago/Turabian StyleHua Yang; Zhengnan Lu; Xunpeng Shi; Sulaman Muhammad; Ye Cao. 2021. "How well has economic strategy changed CO2 emissions? Evidence from China's largest emission province." Science of The Total Environment 774, no. : 146575.
Coal overcapacity reduction is an essential part of China's energy transition. An effective governance model is a key to realizing the smooth exit of excess coal capacity. We construct a tripartite evolutionary game model involving the central government (CG), local governments (LGs) and coal enterprises (CEs), and then use it to examine the dilemma of overcapacity governance and alternative policies. Our results demonstrate that: First, the evolutionary convergence of strategy among the tripartite game agents exhibits a reliable degree of interdependence. The market-oriented central regulation mechanism of the CG may incentivize LGs to take a strict implementation. Also, when the LGs strictly perform the de-capacity policy, CEs are more active in responding to the de-capacity task. Second, the stable and ideal evolutionary state of (0,1,1) can be achieved when the corresponding conditions are met, which indicates that the coal de-capacity should coordinate the interests of multiple stakeholders. Third, inspired by the parameters sensitivity simulation, reducing the de-capacity costs, a balanced performance appraisal system, an appropriate supervision and punishment mechanism for de-capacity implementation, and increasing the investment in technological innovation and upgrading can promote the effective management of the coal overcapacity issue. This study can more genuinely reflect the complicated dynamic game process of China's coal de-capacity than the previous studies, and thus provides insights and decision-making references for the design of an effective coal overcapacity governance mode.
Yadong Wang; Delu Wang; Xunpeng Shi. Exploring the dilemma of overcapacity governance in China's coal industry: A tripartite evolutionary game model. Resources Policy 2021, 71, 102000 .
AMA StyleYadong Wang, Delu Wang, Xunpeng Shi. Exploring the dilemma of overcapacity governance in China's coal industry: A tripartite evolutionary game model. Resources Policy. 2021; 71 ():102000.
Chicago/Turabian StyleYadong Wang; Delu Wang; Xunpeng Shi. 2021. "Exploring the dilemma of overcapacity governance in China's coal industry: A tripartite evolutionary game model." Resources Policy 71, no. : 102000.
The rapid development of China's manufacturing industry since China's accession to WTO in 2001 has dramatically increased China's carbon emissions. To inform the carbon policy development of China's manufacturing industry, this study constructed a DEA-GS (data envelopment analysis and grid search) model from a cost perspective to understand the their emission reduction characteristics. Using a large sample of manufacturing firms from 2008 to 2011, the carbon pricing and reduction potential of China's manufacturing firms was explored by analyzing the firms' marginal abatement costs. The results showed that: (a) with increasing marginal abatement costs, the growth rates of both cumulative emission reduction activities and emission reduction of these firms gradually slowed down. When the marginal abatement cost exceeds 200 Yuan/ton, neither the number of reduction activities nor the amount of reduced emissions increase. (b) The impact of marginal abatement costs on the numbers of reduction activities and firms in each sub-sector is heterogeneous. (c) The emission reduction behaviors of manufacturting firms, determined by carbon pricing, are mostly concentrated in developed areas or around large cities. In contrast, areas with substantial emission reductions are more scattered. The results suggest that The emission reduction characteristics of sub-sectors should be fully considered when formulating carbon policies for China's manufacturing industry. The carbon price for the China's manufacturing industry should not exceed 200 Yuan/ton. Furthermore, the carbon policy of China's manufacturing industry should have broader coverage, rather than merely covering developed areas.
Yunfei An; Dequn Zhou; Jian Yu; Xunpeng Shi; Qunwei Wang. Carbon emission reduction characteristics for China's manufacturing firms: Implications for formulating carbon policies. Journal of Environmental Management 2021, 284, 112055 .
AMA StyleYunfei An, Dequn Zhou, Jian Yu, Xunpeng Shi, Qunwei Wang. Carbon emission reduction characteristics for China's manufacturing firms: Implications for formulating carbon policies. Journal of Environmental Management. 2021; 284 ():112055.
Chicago/Turabian StyleYunfei An; Dequn Zhou; Jian Yu; Xunpeng Shi; Qunwei Wang. 2021. "Carbon emission reduction characteristics for China's manufacturing firms: Implications for formulating carbon policies." Journal of Environmental Management 284, no. : 112055.
Global efforts in limiting coal consumption will be undermined if new major coal users emerge; however, very few studies have been conducted on the emergence of prospective coal users. The objective of this paper is thus to investigate how likely some developing countries will emerge to be significant coal users. The distribution dynamics approach is adopted to examine the evolution and transitional dynamics of coal consumption. Ergodic distributions and mobility probability plots are constructed for each grouping so as to provide detailed information on the current pattern and future development. Our study finds that some low income and lower middle income economies may increase their coal consumption in the future if coal remains to be a cheap energy source, while the countries in other income groups have entirely different behaviours. The findings suggest that global policy coordination focusing on the prospective coal users should be adopted. [Received: May 25, 2019; Accepted: May 27, 2020]
Xunpeng Shi; Tsun Se Cheong; Victor Jing Li. Evolution of future world coal consumption: insights from a distribution dynamics approach. International Journal of Oil, Gas and Coal Technology 2021, 27, 186 .
AMA StyleXunpeng Shi, Tsun Se Cheong, Victor Jing Li. Evolution of future world coal consumption: insights from a distribution dynamics approach. International Journal of Oil, Gas and Coal Technology. 2021; 27 (2):186.
Chicago/Turabian StyleXunpeng Shi; Tsun Se Cheong; Victor Jing Li. 2021. "Evolution of future world coal consumption: insights from a distribution dynamics approach." International Journal of Oil, Gas and Coal Technology 27, no. 2: 186.
While macroeconomic uncertainty and its impact on commodity, mainly oil prices, have been frequently studied, there is no study investigating the role of macroeconomic uncertainty in natural gas pricing. To fill this gap, we construct homogeneous macroeconomic uncertainty measures for three major natural gas markets and investigate the dynamic causal effects of macroeconomic uncertainty shocks on the formation of natural gas prices. We show that macroeconomic uncertainty plays a vital role in determining natural gas price variations, in addition to driving business cycle fluctuations in these economies. Compared to oil price, the uncertainty impact on gas pricing is relatively moderate but significant. Market-specific supply and demand analysis shows the drivers of gas prices are substantially different in three different markets, which helps to understand the “Asian Premium” phenomenon in the natural gas trade.
Xunpeng Shi; Yifan Shen. Macroeconomic uncertainty and natural gas prices: Revisiting the Asian Premium. Energy Economics 2020, 94, 105081 .
AMA StyleXunpeng Shi, Yifan Shen. Macroeconomic uncertainty and natural gas prices: Revisiting the Asian Premium. Energy Economics. 2020; 94 ():105081.
Chicago/Turabian StyleXunpeng Shi; Yifan Shen. 2020. "Macroeconomic uncertainty and natural gas prices: Revisiting the Asian Premium." Energy Economics 94, no. : 105081.
Although there have been numerous studies on economic policy uncertainty (EPU), its impact on firms' emissions has not often been examined. Using an unbalanced panel data of firms and a newly constructed provincial EPU index in China, this paper estimates the impact of EPU on manufacturing firms' carbon emission intensity. We further test the likely channels through which EPU can affect firm emission intensity, including the innovation channel, share of fossil fuels in the total energy consumption channel, and energy intensity channel. The findings show that China's provincial EPU imposes a significantly positive impact on firms' carbon emission intensity. The channel analysis shows that EPU influences carbon emission intensity through the share of fossil fuels in the total energy consumption and energy intensity in the short run, but not firm innovation. The results indicate that manufacturing firms prefer to use cheap and dirty fossil fuels to respond to the rising EPU. This paper suggests that policymakers should pay careful attention to the increasing effect of EPU on carbon emission intensity which could undermine China's emission reduction efforts and other sustainable development goals.
Jian Yu; Xunpeng Shi; Dongmei Guo; Longjian Yang. Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index. Energy Economics 2020, 94, 105071 .
AMA StyleJian Yu, Xunpeng Shi, Dongmei Guo, Longjian Yang. Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index. Energy Economics. 2020; 94 ():105071.
Chicago/Turabian StyleJian Yu; Xunpeng Shi; Dongmei Guo; Longjian Yang. 2020. "Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index." Energy Economics 94, no. : 105071.
Assessing the marginal abatement costs (MACs) of emissions improves the understanding of the extent of current CO2 mitigation and provides regions and industries with information on how to mitigate emissions cost-effectively. This study proposes a hybrid method to evaluate the MAC. It combines the strengths of bottom-up engineering methods and top-down economy-wide methods. A parametric directional distance function is employed to estimate the MAC from an economic perspective, and the abatement level is further incorporated to generate increasing curves, similar to the outcomes derived from an engineering perspective. In addition, this method takes into consideration whether the abatement level exceeds the abatement potential with current production technologies so as to provide a more realistic estimation of the MAC curves. The proposed technique is applied in estimating the carbon emission MAC in China’s petroleum industry. The estimation results indicate that (i) the MAC of China’s petroleum industry would change from 9821 to 16,307 yuan/ton when the abatement level increases from 1 to 50%; (ii) this industry would spend 36.5 to 42.5 billion Chinese yuan annually to achieve China’s CO2 reduction target proposed in its Intended Nationally Determined Contributions (NDCs); (iii) assigning the CO2 reduction targets based on the estimated MAC curves instead of the traditional grandfathering abatement target assignment would help to save China’s petroleum industry an additional 29.97 to 33.65% in abatement costs when achieving the NDCs. The MAC curves estimated in this study indicate more accurate relationships between abatement levels and abatement costs, and hence provide decision-makers in industries and governments with a more reliable instrument to determine the prices of emissions permits, total abatement costs, and implementation strategies in an emissions trading scheme.
Ke Wang; Yujiao Xian; Kexin Yang; Xunpeng Shi; Yi-Ming Wei; Zhimin Huang. The marginal abatement cost curve and optimized abatement trajectory of CO2 emissions from China’s petroleum industry. Regional Environmental Change 2020, 20, 1 -13.
AMA StyleKe Wang, Yujiao Xian, Kexin Yang, Xunpeng Shi, Yi-Ming Wei, Zhimin Huang. The marginal abatement cost curve and optimized abatement trajectory of CO2 emissions from China’s petroleum industry. Regional Environmental Change. 2020; 20 (4):1-13.
Chicago/Turabian StyleKe Wang; Yujiao Xian; Kexin Yang; Xunpeng Shi; Yi-Ming Wei; Zhimin Huang. 2020. "The marginal abatement cost curve and optimized abatement trajectory of CO2 emissions from China’s petroleum industry." Regional Environmental Change 20, no. 4: 1-13.
Electricity generation is the largest sector with decarbonization potential for China and the world. Based on the new emission factors, this paper aims to identify the structural and technological determinants of provincial carbon intensity in the electricity generation sector (CIE) using the multiplicative LMDI-II method. Results demonstrate that (1) China’s overall CIE decreases by 7.3% in 2001–2015, and the research period can be divided into four stages according to CIE changes (i.e., rapid growth, rapid decline, slow growth, and transition). The CIE in the 12th FYP estimated in this paper, 24.9% lower than that using the emission factors from IPCC, is closer to China’s actual situation. (2) There exists huge heterogeneity in the determinants of provincial CIE changes in four stages. CIE growth in the Northwest and Northeast is caused by the coal-dominated energy structure. CIE growth in the Southwest is attributed to the electricity structure effect, while that of the Coast region is caused by the geographic distribution effect. The electricity efficiency effect is attributed to the CIE growth for these regions and the Southwest should also place focus on the electricity trade effect. The impact of electricity trade-related factors depends on the region being a net exporter or importer of electricity. (3) To achieve carbon intensity reduction targets, 30 provinces are categorized into four types based on various combinations of structural and technological determinants. The findings provide insights into capturing future emission-mitigating focus as well as defining the emission-mitigating responsibilities between electricity exporters and importers in China.
Yuhuan Zhao; Ye Cao; Xunpeng Shi; Zhonghua Zhang; Wenjie Zhang. Structural and technological determinants of carbon intensity reduction of China’s electricity generation. Environmental Science and Pollution Research 2020, 28, 13469 -13486.
AMA StyleYuhuan Zhao, Ye Cao, Xunpeng Shi, Zhonghua Zhang, Wenjie Zhang. Structural and technological determinants of carbon intensity reduction of China’s electricity generation. Environmental Science and Pollution Research. 2020; 28 (11):13469-13486.
Chicago/Turabian StyleYuhuan Zhao; Ye Cao; Xunpeng Shi; Zhonghua Zhang; Wenjie Zhang. 2020. "Structural and technological determinants of carbon intensity reduction of China’s electricity generation." Environmental Science and Pollution Research 28, no. 11: 13469-13486.
Transportation infrastructure (TI) plays a critical role in China's economic growth, but its negative impacts on the environment have not been sufficiently addressed by the government. While studies of TI's impact on air pollution exist, there are few studies examining its impact on industrial pollution. This paper fills this gap by using the Spatial Durbin model and balanced panel data from 280 of China's cities spanning 2003 to 2015. The results show that TI, represented by urban roads, aggravates the cities' industrial SO2 emissions, industrial soot (dust) emissions, and industrial wastewater over the long run. The channel analysis further shows that TI influences industrial pollution through industrial agglomeration, but not urbanization. TI has no direct effect on the industrial pollution of neighboring cities but does influence neighboring cities' industrial pollution through the spatial spillover effects of industrial agglomeration. Provincial policymakers and city planners should together pay more attention to the role of industrial agglomeration when designing economic policies to manage the negative effects of TI on the environment, and through cross-city cooperation develop means to reduce these effects.
Guobin Huang; Jie Zhang; Jian Yu; Xunpeng Shi. Impact of transportation infrastructure on industrial pollution in Chinese cities: A spatial econometric analysis. Energy Economics 2020, 92, 104973 .
AMA StyleGuobin Huang, Jie Zhang, Jian Yu, Xunpeng Shi. Impact of transportation infrastructure on industrial pollution in Chinese cities: A spatial econometric analysis. Energy Economics. 2020; 92 ():104973.
Chicago/Turabian StyleGuobin Huang; Jie Zhang; Jian Yu; Xunpeng Shi. 2020. "Impact of transportation infrastructure on industrial pollution in Chinese cities: A spatial econometric analysis." Energy Economics 92, no. : 104973.
Prompted by rising concern about weak consumer switching and the practice of price discrimination, over the period of 2016–2019, the Office of Gas and Electricity Markets (Ofgem) undertook a series of trials on communication-based interventions to encourage consumer switching in the United Kingdom. The main purpose of this paper is to assess the experience of these Ofgem trials with a view to draw some lessons for policy makers. The analytical framework adopted for this purpose is informed by existing literature on the barriers for consumer switching. The results of the analysis suggest that while the Ofgem trials have made positive impacts on consumer switching, these impacts varied significantly across the trials, suggesting that some interventions were more effective than others. Further, the overall impacts of the Ofgem trials were moderate, as around 70% of participants did not switch suppliers even in the most impactful trial. This reflects a general lack of understanding in the literature about the behaviour-influencing factors, their impacts, and their context-connects. By implication, the difficulty in stimulating consumer switching, as demonstrated by the Ofgem trials, suggests that weak consumer switching and the practice of price discrimination may simply reflect significant competition, rather than a lack of it, especially if retail margins are not greater than the competitive level. In this case, the communication-based intervention aimed at encouraging consumer switching may lead to further price discrimination, especially for the most vulnerable consumers, who are more likely to stay with their incumbent suppliers.
Muyi Yang; Yuanying Chi; Kristy Mamaril; Adam Berry; Xunpeng Shi; Liming Zhu. Communication-Based Approach for Promoting Energy Consumer Switching: Some Evidence from Ofgem’s Database Trials in the United Kingdom. Energies 2020, 13, 5179 .
AMA StyleMuyi Yang, Yuanying Chi, Kristy Mamaril, Adam Berry, Xunpeng Shi, Liming Zhu. Communication-Based Approach for Promoting Energy Consumer Switching: Some Evidence from Ofgem’s Database Trials in the United Kingdom. Energies. 2020; 13 (19):5179.
Chicago/Turabian StyleMuyi Yang; Yuanying Chi; Kristy Mamaril; Adam Berry; Xunpeng Shi; Liming Zhu. 2020. "Communication-Based Approach for Promoting Energy Consumer Switching: Some Evidence from Ofgem’s Database Trials in the United Kingdom." Energies 13, no. 19: 5179.
This study focuses on Brazil, Russia, India, China and South Africa (BRICS countries), which contribute over 40% of global CO2 emissions. Using panel co-integration tests, fully modified OLS and seemingly unrelated regressions, the study contributes to the literature by revealing that public debt securities foster the transition from fossil fuel electricity towards low-carbon electricity, whereas private credit is mostly profitless for electricity production transition. The explanation is that environmental pressure urges public capital to play a vital role in electricity transition, while bank loans are reluctant to leave the electricity from fossil fuel for considerable returns. The installed capacity of electricity stations drives the association between financial capital and electricity production. Financial markets in China and South Africa play a more significant role in electricity transition than the other countries. Low-carbon electricity transition requires transformation of financial markets in all these countries.
Nan Xie; Hui Hu; Debin Fang; Xunpeng Shi; Shougui Luo; Kelly Burns. An empirical analysis of financial markets and instruments influencing the low-carbon electricity production transition. Journal of Cleaner Production 2020, 280, 124415 .
AMA StyleNan Xie, Hui Hu, Debin Fang, Xunpeng Shi, Shougui Luo, Kelly Burns. An empirical analysis of financial markets and instruments influencing the low-carbon electricity production transition. Journal of Cleaner Production. 2020; 280 ():124415.
Chicago/Turabian StyleNan Xie; Hui Hu; Debin Fang; Xunpeng Shi; Shougui Luo; Kelly Burns. 2020. "An empirical analysis of financial markets and instruments influencing the low-carbon electricity production transition." Journal of Cleaner Production 280, no. : 124415.
As the largest contributor to production-based emissions, electricity generation sector has led to huge carbon emission transmissions. This is the first attempt to explore the latest features of carbon emission transmissions from electricity sector to the final domestic consumption of China in 2002-2015, combining MRIO-based Structural Path Analysis and transmission-based emission method. Results show that: (1) Although inter-provincial transmissions are increasing significantly, emission transmissions within intra-provincial trading are dominated. (2) 30 provinces are classified into two types, i.e., consumption centers and production centers. Both the inter-provincial transmission paths in consumption centers and production centers show the grid-level agglomeration and provincial heterogeneity. The inflow paths in consumption centers are mainly sourced from the production of Eastern China and South China, while the outflow paths for production centers are caused by the consumption in Central China, Guangdong and Jiangsu. Inter-provincial linkages are intensified and perform the feature of territorial propinquity. (3) Both intra-grid and inter-grid transmission nodes show an agglomeration trend of “electricity sector
Yuhuan Zhao; Ye Cao; Xunpeng Shi; Song Wang; Hua Yang; Long Shi; Hongxian Li; Jianyang Zhang. Critical transmission paths and nodes of carbon emissions in electricity supply chain. Science of The Total Environment 2020, 755, 142530 .
AMA StyleYuhuan Zhao, Ye Cao, Xunpeng Shi, Song Wang, Hua Yang, Long Shi, Hongxian Li, Jianyang Zhang. Critical transmission paths and nodes of carbon emissions in electricity supply chain. Science of The Total Environment. 2020; 755 ():142530.
Chicago/Turabian StyleYuhuan Zhao; Ye Cao; Xunpeng Shi; Song Wang; Hua Yang; Long Shi; Hongxian Li; Jianyang Zhang. 2020. "Critical transmission paths and nodes of carbon emissions in electricity supply chain." Science of The Total Environment 755, no. : 142530.
This study investigates the different impacts of coordinated development in the Beijing–Tianjin–Hebei (BTH) region on industrial energy and pollution intensities based on the difference-in-difference (DID) method and the quantile DID method. The panel data cover industrial energy consumption and three wastes, which are industrial wastewater, sulfur dioxide, and dust emissions, from all 13 cities in the BTH region and 17 cities in Henan Province for the period 2007–2017. The study finds that China’s BTH coordinated development strategy, on average, tends to restrain regional industrial energy intensity, especially in lower quantile level (0.1–0.4) cities. However, it tends to promote industrial energy intensity in higher quantile level (0.7–0.9) cities. The impacts on pollution intensities vary among industrial wastewater, sulfur dioxide, and dust emissions. The results suggest that, in addition to paying attention to dust pollution caused by transportation integration in the BTH region, China should also pay more attention to green relocation of industries from Beijing to Hebei and strengthen coordinated environmental regulation while maintaining corporate interests.
Cong Hu; Biliang Hu; Xunpeng Shi; Yan Wu. The Roles of Beijing-Tianjin-Hebei Coordinated Development Strategy in Industrial Energy and Related Pollutant Emission Intensities. Sustainability 2020, 12, 7973 .
AMA StyleCong Hu, Biliang Hu, Xunpeng Shi, Yan Wu. The Roles of Beijing-Tianjin-Hebei Coordinated Development Strategy in Industrial Energy and Related Pollutant Emission Intensities. Sustainability. 2020; 12 (19):7973.
Chicago/Turabian StyleCong Hu; Biliang Hu; Xunpeng Shi; Yan Wu. 2020. "The Roles of Beijing-Tianjin-Hebei Coordinated Development Strategy in Industrial Energy and Related Pollutant Emission Intensities." Sustainability 12, no. 19: 7973.