China s post-COVID-19 stimulus: no Green New Deal in sight

Jorrit Gosens
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Jorrit Gosens: Crawford School of Public Policy, Australian National University

CCEP Working Papers from Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University

Abstract: Much hope has been placed on China s decisions regarding low-carbon stimulus following COVID-19. Analysis of China s recent Government Work Report suggests that while a repeat of recovery measures focused on high-emissions infrastructure following the 2008 global recession is not in the cards, a Chinese Green New Deal is not in sight either. Much investment is flowing to fossil fuel industries, whilst support policies for renewable energy industries are absent from Beijing s recovery program. These signs of environmental ambition taking a back seat are worrisome given that Beijing is currently designing its 14th Five-Year Plan.

Date: 2020-07
New Economics Papers: this item is included in nep-cna, nep-ene, nep-env and nep-hme
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