The General Equilibrium Analysis Of China's Energy And Environmetal Policies

Nowadays, energy shortage and environmental pollution have become the bottlenecks restricting the development of China's society and economic. Issuing relevant energy-environment policies to promote energy conservation and emission reduction will be the right way to settle this problem. So, probing into desirable energy-environment policies based on China's current situation of society and economic, and then evaluating quantitively the performance of these policies on energy conservation and emission reduction, as well as the impacts of these policies on macro-economic will do great theoretical and practical contributions.Due to the powerful functions of computable general equilibrium model (CGE) in policy simulations, this paper constructs an enengy-environment CGE model of China, and then uses it in simulating the performance on enengy conservation and emission reduction as well as the impacts on macro-economic of relevant policies (such as taxing advalorem resource tax, reducing export tax rebates of energy-intensive and pollution-intensive industries, and developing CDM projects), based on careful analyse on current situation of enengy and environment in China, the contribution of cleaning development mechanism (CDM) projects on China's energy conservation and pollution reduction and detailed comparision of industrialized contries's energy-environment policies. After the simulation, this paper proposes some suggestions on how to achieve the goal of enengy conservation and emission reduction in the Eleventh Five-year Plan of China.The main constributions of this paper can be concluded as followFirstly, this paper constructs the energy-environment social accounting matrix (SAM) by detailly subdividing of energy sector and including environmental feedback. This energy-environment SAM can roundly reflect the relationship among energy, economic and environment. It can be used as the data base for CGE modeling or be used directly in multiplier analysis.Secondly, this paper deeply discusses the evolution of enengy-environment policies and main enengy-environment measures of developed contries from the beginning of their industrialization using the method of international comparision and historical comparison. This will provide rich practical references for China to issue relevant enengy-environment policies. Thirdly, this paper constructs an energy-environment CGE model which includes vavious features of China's macro-economic and involves energy-environment feedback. This CGE model can be used for evaluating various energy-environment policies in China.Fourthly, this paper evaluates the performance on energy conservation and emission reduction as well as the impacts on macro-economic of developing CDM projects from projects level in China for the first time.