A Study On The Carbon Dioxide Emissions Embodied In China-EU Trade

China announced its enhanced actions and measures on climate change in a document submitted to the UNFCCC on June 30th,2015 which named<Enhanced actions on climate change:China's intended nationally determined contributions>.Based on the document,China has nationally determined its actions by 2030 as follows:to achieve the peaking of carbon dioxide emissions around 2030 and making best efforts to peak early,to lower carbon dioxide emissions per unit of GDP by 60%to 65%from the 2005 level.In December of the same year,the Paris Climate Change Conference adopted<The Paris Agreements,in September 3th,lhina's National People's Congress approved China's accession to the agreement.On November 3th,2016,the European Commission approved an investment package of 222.7 million euro from the European Union budget under the framework of the "LIFE" to support Europe's transition to a more sustainable and low-carbon future.China was by far the world's leading exporter in 2015,and the European Union had become China's most important trade partner with the bilateral trade value of 3.51 trillion.Under this background,this paper analyzes the CO2 embodied in the bilateral trade between China and EU,puts forward corresponding countermeasures about methods to achieve the goal of reducing carbon emissions.The paper measures the CO2 embodied in bilateral trade between China and EU by using the IOA model,quantifies the CO2 reduction to China,EU and global.Then,Log-Mean Divisia Index Method I has been used to decompose the changes in the CO2 emissions.At last,after calculating the multiplier effects,assumes scenario one that China's import and export volumes to EU increased by 50%on the level of average growth rate from 2002 to 2014;scenario two that export growth rates of industries whose EEC>1 fell by 50%on the level of average growth rate,whose EEC<1 increased by 50%,the handling of imports by contrast;scenario three that energy intensity of China's exports fell by half,analyses the influences of trade volume increase,trade structure optimization and energy intensity reduction on economy and environment.The results show that the expansion of bilateral trade between China and EU has a negative impact on the environment,while China is in a disadvantageous position.Bases on the results of LMDI,this paper argues that the scale effect contributes the most negative influence,but the improvement of structure and efficiency still play positive roles in some industries.According to the results of scenario analysis,the decrease of energy intensity has the greatest effect on energy saving and emission reduction,trade structure optimization shows no obvious effect on carbon dioxide reduction.The deficiency of this paper is lacking the comparison of technical progress in China and Europe,lacking assumptions on energy structure adjustment in scenario analysis.Those will be improved in the future study.