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Abstract The Chinese government has taken measures to realize energy-savings and emission reductions, such as promoting innovations, adjusting the industrial structure, balancing regional development, and reforming markets. The aim of this paper is to assess the effects of these measures on China's CO2 emissions by using a newly proposed decomposition approach, which identified eight new factors related to the above realistic measures, i.e., energy saving and production technologies, industrial energy and production efficiencies, regional energy and production efficiencies, and pure energy and production efficiencies. The main findings indicate benefits from considerable technological progress in energy-saving and production during 2000–2016 period, and two technological factors contributed the most to emissions abatement and cumulatively reduced 5372.43 Mt and 1291.72 Mt CO2 emissions. The efforts of industrial restructuring promoted energy and production efficiency improvement, which further facilitated emission reduction. In contrast, the pure energy and production efficiency changes cumulatively led to 1080.26 Mt and 1135.85 Mt CO2 emissions growth during the whole sample period, suggesting that severe resource misallocation problems may exist in both the energy market and output market. Additionally, the Chinese government failed to narrow the technology gap between developed regions and underdeveloped regions, further restricting emission reduction.

We researched China's climate and sustainable development goal with relevant and susceptible instruments capable of inducing and mitigating carbon emissions. Amidst the contributor to the global carbon emissions, China is caught in between mitigating its carbon emission and aiming towards placing its national contribution of emissions to the acceptable levels of 1.5 °C and below 2 °C. Following the intricacies surrounding China's sustainable development as it contains its economic and environmental performance, we adopt China's data of 1980 and 2018 with different scientific approaches (nonlinear autoregressive distributed lag (NARDL), dynamic ordinary least square test, and bootstrap Granger causality) with different instruments (such as economic growth, financial development, renewable energy, and innovation policies) to research China's sustainable development. For clear exposition and insight into our findings with policies attached, we draw a conclusion from the outcomes of the mentioned approaches. From NARDL and dynamic ordinary least squares (DOLS), we find that economic growth through economic activities is statistically significant in determining the trend (increase) of carbon emissions in China in both periods (short run and long run). However, other selected instruments (financial, renewable, and innovation policies) tend towards controlling and moderating the carbon emissions in China. Thus, China has good prospects to mitigate its carbon emissions if considered tailoring its policies towards favorable instruments. From bootstrap Granger causality, we find similar inferential results that support previous findings thereby confirming the positive implication of the selected instruments to China's sustainable development. Hence, the nexus that is established among the selected instruments clearly show the importance of technological innovation and renewable energy in mitigating carbon emissions.

Abstract Numerous countries have set up strategic petroleum reserves (SPRs) in response to oil disruptions since 1970. While numerous studies model such programs, we found few that evaluate SPRs' historical performance. Thus, we evaluate the U.S. SPR's performance by comparing actual real costs with estimated real benefits. From 1976 to 2014, the real U.S. SPR cost was about $219 billion real (2014$) dollars, whereas the real benefit was only $122 billion. Sensitivity testing suggests such negative net benefits are qualitatively robust. However, if world oil demand is extremely inelastic to oil price or GDP is elastic enough to oil price shocks, the estimated U.S. SPR net benefit is positive. Sensitivity testing around total real costs and benefits range from $380 billion to $80 billion. Limited testing of IEA coordinated drawdowns suggests that total U.S. benefits jump from $122 billion to more than $400 billion putting the SPR strongly in the black. Limited testing of private sector inventory changes was more disappointing and tentatively suggests private activities may at times have offset some of the government drawdowns. With 20-20 hindsight, initial experimentation found that better management could have significantly enhanced the value of the U.S. SPR, especially for the 1990-91 disruption.

Abstract Technological progress is an effective way to improve electricity efficiency. Due to the existence of the rebound effect, it is of great significance to optimize the technical power saving policy by examining the rebound effect caused by different technological progress paths.Based on the panel data of electricity industry in 30 provinces of China from 1997 to 2013, this paper systematically examines the rebound effects of electricity consumption under the two sources of technological progress, namely independent innovation and technology import. Then, it discusses the impact of coal-electricity linkage policy. The empirical results are as follows: (1) without considering rebound effect, independent innovation significantly promotes electricity conservation, while the effects of technology import is not obvious; (2) when considering the rebound effect, electricity price declining driven by independent innovation is not conducive to electricity saving, while electricity price declining driven by technology import has an electricity-saving effect; (3)The coal-electricity linkage policy that began in 2004 not only reduced the rebound effect by increasing the flexibility of electricity prices to a certain extent and improved the electricity-saving effect of independent innovation, but also reduced the electricity-saving effect of technology import.

Facing the non-point source pollution caused by fertilizer loss, study on the agricultural factors that have an influence on fertilizer reduction could provide a basis for the implementation of policies on fertilizer reduction control. Based on the panel data during 2002-2016 with cumulative contribution model and Log-Mean Divisia Index (LMDI), this paper innovatively comes up with reduction driving functions (including agricultural scale, intensification, fertilizer utilization, and labor productivity), studies the cumulative contribution rate and driving factors of fertilizer reduction in county units of Zhejiang Province. Main conclusions are: (1) 37 of 63 county units (58.73%) showed decreased in fertilizer application; top five county units contributed 50+%; top county units that contribute to fertilizer reduction are in plain area in Northern Zhejiang, coastal area in Eastern and Southern Zhejiang, valley and basin area in Western and Southern Zhejiang where arable land is relatively even. (2) Fertilizer application intensity (fertilizer application per unit area of land cultivation) in Zhejiang Province increased by 18.67%, but there are only 15 county units where fertilizer application intensity is reduced. In general, fertilizer reduction in Zhejiang Province kept developing steadily. (3) Factors (fertilizer efficiency, intensification and agricultural scale) drive fertilizer reduction while labor productivity triggers the growth in application intensity. In Hangzhou, Ningbo and Shaoxing in Northern and Eastern Zhejiang, the above factors all have a prominent driving effect, but labor productivity also promotes fertilizer increment. In the end, this paper proposes policies on fertilizer reduction control in terms of efficiency, inputs and compensations.

Abstract An overview for energy use in Chinese economy is presented in this study by means of a systems cross-scale input-output analysis. To concretely reflect the cross-scale effect between China and the rest of the world, embodied energy intensity of foreign imports is provided on the basis of our recent work on the world economy, in contrast to the conventional assumption of the same intensity for both the foreign and domestic trade. In 2012, the energy embodied in gross fixed capital formation is found to constitute nearly half of the total energy use in China, three-quarters larger than the total household consumption. Approximately 40% of energy resources embodied in final use turn out to be imported from foreign regions, twice the share of the direct energy imports in total energy consumption recorded by traditional direct accounting. The trade imbalance in energy use is illustrated with the support of the law of comparative advantage. In addition to economic benefits, hidden social impacts, including indirect external dependence and health costs associated with non-energy trade, should also be considered by the government in industrial structure adjustment. The present embodiment study is expected to be remarkably supportive for sustainable energy policy making in China.

Developing a low-carbon economy is the only way for countries to achieve sustainable development. Carbon emission reduction policies and low-carbon technology (LCT) innovation play key roles in developing low-carbon economy. Under government reward and punishment regulations, based on the bilateral matching and evolutionary theories, this paper constructs an evolution model consisting of a manufacturer investing LCT and a supplier offering LCT to analyze multi-phase LCT investment strategies. Firstly, the profit optimization model of a green supply chain is constructed from the perspectives of centralized-matching (CM), decentralized-matching (DM), and mismatching (MM), and the spatial information internal evolution law of multi-phase LCT investment is described by the Markov chain. Then, a bilateral matching algorithm is proposed to solve the equilibrium solutions, and the evolution process of the three modes is analyzed by numerical simulation. Finally, based on the product green degree, we analyze the impact of subsidies and taxes on investment-production decisions. Analytical results show that the matching mechanism proposed in this paper can help supply chain firms to obtain stable matching and has a significant effect on the realization of "triple wins" of society, economy, and environment. The investment utility of CM is higher than that of DM and MM. Manufacturers are inclined to adopt LCT, and the investment level tends to be stable over time. Government reward and punishment regulations are helpful to motivate supply chain firms to invest in LCT, and the synergistic effect of subsidies and taxes is better than that of a single policy.

Aluminum industry is an energy intensive and high pollution industry that recently rapidly developed in China. Circular economy (CE) development in the aluminum industry has significant achievements in easing the environmental pressure and facilitating green development in the last decade. Following a stepwise analytic framework, this study aims to elaborate the manner in which CE measures function in upgrading the aluminum industry. Xinfa Industrial Park (XFIP), the largest aluminum production base in China, was chosen as the case study. The CE measures were summarized, and 10 year in-depth data were collected to reveal the changes in the system structure and overall performance of the XFIP. Results show that the mean nodal degree and the flexibility of the industrial symbiosis network increased due to the extended and coupled industry chains. Furthermore, overall performance improved, as reflected in the significant increase of industrial added value, the reduction of energy and fresh water consumption intensities and the enhancement of solid waste utilization efficiency. The CE development pattern of the XFIP sets an example for other industrial parks to upgrade their economic and environmental performances.

A key factor in social development and sustainable urban expansion is the establishment of sustainable and affordable transport systems. This study aims to investigate the impact of transport infrastructure investment on environmental degradation and economic growth and to test the validity of the EKC hypothesis in China, India, Russia, and Japan over the period 1995-2020. The results show that GDP has a significant positive effect, and GDP2 and GDP3 have significant adverse effects on environmental degradation, respectively. These results confirm the validity of the inverted U-shaped EKC hypothesis in selected emerging Asian economies. Rail infrastructure investment has significant adverse effects, while road infrastructure investment and aviation infrastructure investment have significant positive effects on environmental degradation. Likewise, the impact of investment in transport infrastructure system (roads, rail, and aviation) on economic growth is positive and statistically significant. Country-level estimates confirm the validity of the inverted U-shaped EKC hypothesis in China, India, and Russia, while the N-shaped EKC is only valid in Japan. Investments in rail infrastructure based on modern rail systems that run on electricity are believed to be less polluting in the transport mix, help create sustainable and safe transport systems, and reduce emissions at the urban and intercity levels in emerging Asian countries. In addition, the growing impact of free trade on environmental pollution should be strengthened to harmonize the strict enforcement of environmental conditions dominated by trade agreements.