A quantitative assessment of energy strategy evolution in China and US
Huiming Zhang,
Dequn Zhou and
Jie Cao
Renewable and Sustainable Energy Reviews, 2011, vol. 15, issue 1, 886-890
Abstract:
Energy strategy evolution of China and US is assessed quantitatively based on Bai and Perron' s structure breaks test. Results indicate no break for time series of energy intensity, while series of carbon emissions per GDP, proportion of renewable energy production and oil importing reliance are characterized as segmented trend stationary process around one or two structural breaks. Execution of China and US energy strategies does not change the growth path of carbon emissions per GDP, and the pollution caused by energy production and consumption is one of the problems to be solved urgently. The impact of China energy strategy on the proportion of renewable energy production is inconsistent with that of US, suggesting that China can learn from the diversified energy supply, renewable energy quota system policies, and R&D incentive policies of US. Energy strategies in China and US pose a significant impact on the oil importing reliance, indicating that the strategy to reduce the oil dependence from US is not working.
Keywords: Energy; strategy; Evolution; BP; structure; breaks; test (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364-0321(10)00308-4
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:15:y:2011:i:1:p:886-890
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().