Potential cooperation in renewable energy between China and the United States of America

Wei Zhang, Jun Yang, Pengfei Sheng (), Xuesong Li and Xingwu Wang

Energy Policy, 2014, vol. 75, issue C, 403-409

Abstract: China and the United States of America (US) are developing renewable energy concurrently. In this paper, we seek the opportunities for potential cooperation between these two countries based on the analysis of annual economic data. A mathematical model has been established to characterize correlations among GDP, carbon dioxide emissions, energy prices and the renewable energy cooperation index. Based on statistical analyses, such cooperation can promote economic development, reduce carbon dioxide emissions, improve the environment and realize green growth. If US monetary and technology resources and Chinese markets are combined, benefits can be mutually gained.

Keywords: Renewable Energy Cooperation; China; United States of America (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:75:y:2014:i:c:p:403-409

DOI: 10.1016/j.enpol.2014.09.016

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