Can Demand-Side Policies Effectively Reduce Residential Carbon Emissions? Evidence from China’s Carbon Generalized System of Preferences (CGSP)

Xiangnan Song, Chuwen Pan (), Hongping Yuan and Zhi Sun
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Xiangnan Song: Guangzhou University
Chuwen Pan: Guangzhou University
Hongping Yuan: Guangzhou University
Zhi Sun: Research Institute of Standards and Norms of the Ministry of Housing and Urban Rural Development

Chapter Chapter 138 in Proceedings of the 28th International Symposium on Advancement of Construction Management and Real Estate, 2024, pp 1995-2004 from Springer

Abstract: Abstract The carbon emissions generated by energy consumption on the demand-side accounting for approximately 85% of the total global carbon emissions, which is essential in addressing global climate change. To achieve carbon reduction on the demand-side, the Carbon Generalized System of Preferences (CGSP) was proposed to utilize market mechanisms to encourage voluntary participation by residents in carbon reduction. This paper uses panel data from 2010 to 2020 to explore the effectiveness of the CGSP in reducing urban residents’ carbon emissions under different scenarios based on the difference-in-differences (DID) method. The results indicate that: (1) The CGSP in pilot cities has a significant carbon reduction effect, mainly relying on reducing electricity consumption, whereas spontaneously initiated cities have no significant effect. (2) The carbon reduction effect of residents in pilot cities show a positive and significant coorelation with the population agglomeration degree, urban scale and economic volume, but no significant relationship with residents’ income and industrial structure. These findings provide an important basis for the promotion and further development of CGSP.

Keywords: China's Carbon Generalized System of Preferences (CGSP); Carbon reduction effect; Demand-side (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/978-981-97-1949-5_139

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