Policy Lessons From China’s CCS Experience

Xiaoling Yang, Wolfgang Heidug and Douglas Cooke
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Douglas Cooke: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: China’s political leadership has taken an increasingly public and proactive stance on climate change since 2014. This includes a commitment that Chinese carbon dioxide (CO2) emissions will peak before 2030 and enacting measures through the 13th Five-Year Plan to support energy efficiency, clean energy technology, and carbon management. Chinese policymakers consider carbon capture and storage (CCS) a critical bridging technology to help accelerate the decarbonization of its economy. This paper reviews and analyses Chinese CCS support policies from the perspective of an adaptive policymaking framework, recognizing uncertainty as an inherent element of the policymaking process, and draws more general lessons for responding to changing circumstances.

Keywords: Adaptive policy framework; Carbon Capture and Storage (CCS); Carbon pricing; Carbon tax; Climate change; Decarbonization; Enhanced oil recovery; Infrastructure investment; Policy development; Renewable energy; Subsidies (search for similar items in EconPapers)
Pages: 24 pages
Date: 2018-07
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks-2018-dp37

DOI: 10.30573/KS--2018-DP37

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