Practices of Low Carbon Economy in China: Challenges and Opportunities for Economic Development
Open Access
- 1 January 2018
- journal article
- research article
- Published by Scientific Research Publishing, Inc. in Low Carbon Economy
- Vol. 09 (01), 18-32
- https://doi.org/10.4236/lce.2018.91002
Abstract
Global warming is a major concern in the globalized world in the aspect of industrialization. Low carbon practices are the major strategies to control global warming. Low carbon economy is the fundamental pattern of the mainstream economy in the perspective of ecology. The aim of this study is to explore the status of low carbon economy of China through assessing low carbon practices. It also finds out the challenges and opportunities of low carbon practices for sustainable economic development. An extensive literature review with meta-analysis has been done considering various indicators of low carbon practices. The study explores that China already adopted some policy, strategy, and practices regarding low carbon economy. China already set its policy regarding control of carbon emission by 2030. Research and innovation in low carbon practices, low carbon industrial structure, low carbon technology adoption and emphasizes on environmental sustainability are the major initiatives of China for low carbon economy. Major challenges regarding low carbon practices are heavy pressure on carbon emission, heavy industrialization, extensive development stream, resource endowment, unplanned industrial structure and trade, and confusion regarding industrial transformation. This study suggests that vigorous and efficient planning in industrialization, improved technology adoption, ecological consideration in every project and sufficient finance are necessary to obtain better low carbon economy in China.Keywords
This publication has 62 references indexed in Scilit:
- Low-carbon City in ChinaSustainable Cities and Society, 2013
- Development of low-carbon city in China: Where will it go?Procedia Environmental Sciences, 2012
- The Economic Thinking on Low Carbon EconomyEnergy Procedia, 2011
- Low-carbon Economy: Theoretical Study and Development Path Choice in ChinaEnergy Procedia, 2011
- On The Necessity and Governance Model of the Construction of China's Low-Carbon Transportation SystemEnergy Procedia, 2011
- The Quantitative Evaluation Method of Low-carbon Economy AuditingEnergy Procedia, 2011
- Constructing Energy Saving System Based on Low-carbon EconomyEnergy Procedia, 2011
- Developing low-carbon economy: Actions, challenges and solutions for energy savings in ChinaRenewable Energy, 2011
- Literature Review of Carbon Finance and Low Carbon Economy for Constructing Low Carbon Society in ChinaLow Carbon Economy, 2011
- China in the transition to a low-carbon economyEnergy Policy, 2010