Computer File
China’s Carbon-Energy Policy and Asia’s Energy Transition : Carbon Leakage, Relocation and Halos
In August 2017, three of us got together one very hot afternoon in Osaka to
discuss the future of China’s climate-energy policy. At that time, it became
apparent that China shifted the gear from massive resource imports for economic
growth
toward
high-tech,
clean,
and
green
industrial
development.
With
this
recognition,
we
framed
China’s
climate-energy
policy
as
an
underlying
cause
of
resource
boom
and
bust
for
resource-exporting
countries
and
analysed
the
impacts
of
China’s
gear
shift
on
these
countries
in
the
previous
research.
Then,
the
discussion
turned
toward
possible
carbon
leakage
associated
with
the
country’s
stringent
climate
policy.
Chinese
researchers
had
criticized
the
current
production-based
CO2
emissions
accounting
for
overestimating
CO2 emissions in exporting countries of industrial goods
such as China, which exports them for the consumption of final destination
such as United States, EU member states, and Japan. However, China’s stringent climate-energy policy, coupled with its outward foreign direct investments (FDI) under theBelt and Road Initiative, would turn it into an importer of CO2 emissions.
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