The perverse fossil fuel subsidies in China-The scale and effects

doi:10.1016/j.energy.2014.04.010

CORC > 上海财经大学 > 上海财经大学

	The perverse fossil fuel subsidies in China-The scale and effects
	Jiang, Zhujun 1,2; Lin, Boqiang 3,4
刊名	ENERGY
	2014-06
卷号	70 页码:411-419
关键词	Price-gap approach Perverse fossil fuel subsidies CGE model
ISSN号	0360-5442
DOI	10.1016/j.energy.2014.04.010
英文摘要	To address the problem of climate change, G-20 government leaders committed to "rationalize and phase-out inefficient fossil fuel subsidies that encourage excessive consumption over the medium term", i.e., removing the perverse subsidies. Considering China's particular circumstances and the purposes of energy subsidies, the perverse fossil fuel subsidies in China mainly concentrated on industries, and gasoline, diesel and natural gas consumption, which are always regressive. Other subsidies, such as those for residential electricity consumption and agriculture, should be kept for the time being. Results indicate that China's perverse fossil fuel subsidies amounted to CNY 509.22 billion in 2008, equivalent to 61.2% of total fossil fuel subsidies and 1.69% of GDP in that year. In addition, reasonable subsidies will not affect energy conservation and emission reduction. Furthermore, CGE (Computable General Equilibrium) model is used to analyze the impacts of energy subsidy reforms. Our finding shows that removing perverse energy subsidies will result in a significant decline in energy demand and CO2 emissions, but will have negative impacts on the macro-economy. Therefore, supporting (or offsetting) policies, like carrying out other cost-benefit and sustainable programs with the revenues saved from subsidy reduction, are needed to alleviate the adverse impacts of removing perverse subsidies. (C) 2014 Elsevier Ltd. All rights reserved.
WOS研究方向	Thermodynamics ; Energy & Fuels
语种	英语
出版者	PERGAMON-ELSEVIER SCIENCE LTD
WOS记录号	WOS:000338806600042
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/1744]
专题	上海财经大学
通讯作者	Lin, Boqiang
作者单位	1.Shanghai Univ Finance & Econ, Inst Adv Res, Shanghai 200433, Peoples R China; 2.Shanghai Univ Finance & Econ, Minist Educ, Key Lab Math Econ, Shanghai 200433, Peoples R China; 3.Minjiang Univ, New Huadu Business Sch, Fuzhou 350108, Fujian, Peoples R China; 4.Xiamen Univ, Collaborat Innovat Ctr Energy Econ & Energy Polic, China Inst Studies Energy Policy, Xiamen 361005, Peoples R China
推荐引用方式 GB/T 7714	Jiang, Zhujun,Lin, Boqiang. The perverse fossil fuel subsidies in China-The scale and effects[J]. ENERGY,2014,70:411-419.
APA	Jiang, Zhujun,&Lin, Boqiang.(2014).The perverse fossil fuel subsidies in China-The scale and effects.ENERGY,70,411-419.
MLA	Jiang, Zhujun,et al."The perverse fossil fuel subsidies in China-The scale and effects".ENERGY 70(2014):411-419.