4.8 Review

Nonrenewable energy, renewable energy, carbon dioxide emissions and economic growth in China from 1952 to 2012

Journal

RENEWABLE & SUSTAINABLE ENERGY REVIEWS
Volume 52, Issue -, Pages 680-688

Publisher

PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.rser.2015.07.176

Keywords

Nonrenewable and renewable energy; CO2 emission; Economic growth

Funding

  1. China Postdoctoral Science Foundation [2014M551504]
  2. NSFC-NRF Scientific Cooperation Program [71411170250]
  3. National Research Foundation of Korea - South Korean Government [NRF-2014K2A2A2000766, NRF-2014S1A2A2027622]
  4. National Natural Science Foundation of China [71471076, 71473107]
  5. Natural Science Foundation of Jiangsu Higher Education Institutions of China [15KJD610002]
  6. National Research Foundation of Korea [2014S1A2A2027622] Funding Source: Korea Institute of Science & Technology Information (KISTI), National Science & Technology Information Service (NTIS)

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This paper mainly investigates the relationship among energy consumption, carbon emissions and economic growth in China from 1952 to 2012. First, we implement unit root and cointegration analysis to test the stationary. Furthermore, we analyze the mutual influence among energy consumption, carbon emissions and economic growth through Granger causality analysis. Next, we also conduct static and dynamic regression analysis on the determinants of carbon emissions and economic growth. Last, we predict the future influence of different energy consumption on carbon emissions and economic growth. We find that coal has dominant impact on economic growth and carbon emissions. GDP (Gross Domestic Product) has bi-directional relationship with CO2 (carbon dioxide) emission, coal, gas, and electricity consumption. It is imperative to change energy consumption structure in China. We had better decrease coal consumption rate. It is significant to develop hydro and nuclear power in China. (C) 2015 Elsevier Ltd. All rights reserved.

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