Daniel Rajmil, Lucía Morales, B. Andréosso‐O'callaghan
{"title":"The Onus on Coal Consumption and the ‘Beautiful China Initiative’: Economic and Policy Implications","authors":"Daniel Rajmil, Lucía Morales, B. Andréosso‐O'callaghan","doi":"10.1177/00094455231188105","DOIUrl":null,"url":null,"abstract":"China’s need for rapid economic growth and its hunger for natural resources significantly challenge its economic and policy vision of sustainability, social stability and economic development. The ‘Beautiful China Initiative’ plans to put China on the path of sustainable development in line with the United Nations’ 2030 Agenda and its Sustainable Development GoaSls. The Chinese authorities are expected to reconsider traditional economic policy models to integrate environmental protection while ensuring that their economy proliferates. The shift from a traditional and heavy coal-dependent economy towards greener energy and a sustainable economic model brings additional challenges to China due to its historical dependence on coal as its energy engine. This research paper examines causality patterns between economic growth and fossil fuels energy consumption by analysing coal consumption and carbon dioxide emissions policies using Pesaran’s autoregressive distributed lag model. The research findings offer insights into China’s challenges to transition towards a more sustainable economic model, making the country’s ‘Beautiful China Initiative’ quite complex as it needs to navigate through high levels of environment-friendly economic growth whilst trying to avoid the middle-income trap.","PeriodicalId":44314,"journal":{"name":"中国报道","volume":" ","pages":""},"PeriodicalIF":0.5000,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"中国报道","FirstCategoryId":"1092","ListUrlMain":"https://doi.org/10.1177/00094455231188105","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"AREA STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
China’s need for rapid economic growth and its hunger for natural resources significantly challenge its economic and policy vision of sustainability, social stability and economic development. The ‘Beautiful China Initiative’ plans to put China on the path of sustainable development in line with the United Nations’ 2030 Agenda and its Sustainable Development GoaSls. The Chinese authorities are expected to reconsider traditional economic policy models to integrate environmental protection while ensuring that their economy proliferates. The shift from a traditional and heavy coal-dependent economy towards greener energy and a sustainable economic model brings additional challenges to China due to its historical dependence on coal as its energy engine. This research paper examines causality patterns between economic growth and fossil fuels energy consumption by analysing coal consumption and carbon dioxide emissions policies using Pesaran’s autoregressive distributed lag model. The research findings offer insights into China’s challenges to transition towards a more sustainable economic model, making the country’s ‘Beautiful China Initiative’ quite complex as it needs to navigate through high levels of environment-friendly economic growth whilst trying to avoid the middle-income trap.
期刊介绍:
China Report promotes the free expression and discussion of different ideas, approaches and viewpoints which assist a better understanding of China and its East Asian neighbours. A quarterly journal of the Institute of Chinese Studies, it attempts to provide a fresh approach which goes beyond the strictly utilitarian area studies without becoming antiquarian. Launched in 1964, China Report has, over the years, widened its interests and aims and transformed itself into a scholarly journal that seeks a better understanding of China and its East Asian neighbours - particularly their cultures, their development and their relations with China. It is an indispensable source of information on China, its society and culture.