The Energy Development Problem Facing China
Journal: Architecture Engineering and Science DOI: 10.32629/aes.v5i3.2801
Abstract
China is plagued by a large number of energy supply problems because it relies for most of its power on coal and hydrocarbons with the main medium- to long-term threat coming from resource scarcities and environmental disruption. This paper argues that broad-based actions across policies, markets, and technologies are needed to ensure energy security and sustainability. Over the next 30 years, China will take diversified energy supply as a means and transforming the energy structure as its focus in response to challenges such as threats of three linkages for national energy security while ensuring sustainable development. At the same time, we must strengthen our cooperation with relevant international institutions or enterprises around the world and promote more technological innovation. China is a signatory of the Paris Agreement and has pledged to peak carbon emissions before 2030 and achieve a carbon-neutral economy by 2060. Physical deployment of energy efficient and the development of renewable technologies is also required closely followed by enforcing stringent carbon emission policies with an increase in use of low-carbon energy. It is the kind of international cooperation and simultaneously developing technology that will be required under the framework established by the Paris Agreement if we’re to meet those ambitious targets.
Keywords
energy consumption, environment, sustainable
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[5] Chen, H. (2022) 'Impact of International Oil Price Fluctuations on China's Economy', Energy Economics Review, 47(3), pp. 215-230.
[6] IEA (2023) 'China's Energy Profile: An Overview', International Energy Agency. Available at: https://www.iea.org/reports/china-energy-profile (Accessed: 21 May 2024).
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