China’s Growing Energy Demand: Implications for the United States: Working Paper 2015-05
Andrew Stocking and
Terry Dinan
No 50216, Working Papers from Congressional Budget Office
Abstract:
Growing rapidly in recent decades, China’s demand for energy has nearly doubled since 2005—making China the world’s largest consumer of energy. That growth and the energy policies that China pursues increase the level and possibly the volatility of some energy prices, reduce the competitiveness of U.S. manufacturing firms in relation to Chinese firms but provide benefits for U.S. consumers, and increase greenhouse gas emissions. This paper examines trends in China’s energy consumption, the implications of those trends for U.S. households and businesses, and policy options
JEL-codes: Q41 Q42 Q43 Q47 Q48 Q54 (search for similar items in EconPapers)
Date: 2015-06-25
New Economics Papers: this item is included in nep-cna, nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:50216
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