The Economics of Energy Policy in China

Implications for Global Climate Change

New Horizons in Environmental Economics series

ZhongXiang Zhang, Distinguished Professor, Fudan University, China

This book is the first systematic and comprehensive analysis of the economic implications of carbon abatement for the Chinese economy. It evaluates the economics of climate change and provides national, cost-effective policies for climate change.

‘Given the towering importance of China in world environmental planning, this book is a must read for anyone attempting to understand world climate change issues. In addition, it provides planners with a much needed reference on all aspects of the Chinese energy sector . . . The book makes a significant contribution in three main areas. First, it gives us a first class description of all the issues that are contributing to the climate change debate and puts the case of China into its proper context within that debate. Secondly, the author’s description of the Chinese energy sector in Chapter 3 is most informative and lucid. Finally, his CGE model is impressive and his model’s simulation results are quite plausible . . . I strongly recommend this book as reading material for anyone seriously interested in the public policy issues that relate to climate change. It will probably remain the definitive work on China and joint implementation for years to come.’
– Roy Boyd, Economic Systems Research

‘A great deal of information on a timely and complex area of research is packed into this well-structured and presented book. . . . the book makes a valuable contribution and is particularly welcomed as the focus of the research is China. The book will be of interest to environmental economists generally and should be on the bookshelves of anyone concerned with energy and environmental policy and development in China.’
– Ian Vickridge, China Information

‘This book is unkind to the reviewer because of its wealth of information and analysis, and because it is so genuinely well written. One can hardly do justice to Mr Zhang in the space provided in this journal. The book is an exhaustive treatment of the subject and is recommended reading for a wider audience beyond the China constituency.’
– Ulrich Bartsch, Journal of Energy Literature

”。这个布k on the economics of energy policy in China comes at a very important time. . . . the volume is possibly the most comprehensive and rigorous economic analysis to date of China’s options and constraints in the energy area.’
– Robert Harriss, Environment

‘This work represents a pathbreaking entry into one of the most complicated aspects of contemporary energy/environmental economics. It is difficult for the reviewer, in this relatively short piece, to adequately reflect the wealth of information contained in this book and its value to the profession. For any energy or environmental economists with a serious interest in China’s future level of CO2 emissions, it should be obligatory reading.’
– Tony Owen, University of New South Wales, Australia