China’s Cap on Coal and the Efficiency of Local Interventions: A Benefit-Cost Analysis of Phasing out Coal in Power Plants and in Households in Beijing
| Autor: | Shiqiu Zhang, Yana Jin, Henrik Andersson |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Economics and Econometrics
Public Administration Sociology and Political Science Natural resource economics 020209 energy Air pollution 02 engineering and technology 010501 environmental sciences medicine.disease_cause complex mixtures 01 natural sciences Beijing Natural gas otorhinolaryngologic diseases 0202 electrical engineering electronic engineering information engineering medicine Coal China 0105 earth and related environmental sciences Consumption (economics) Cost–benefit analysis business.industry technology industry and agriculture respiratory tract diseases Damages Business |
| Zdroj: | Journal of Benefit-Cost Analysis. 8:147-186 |
| ISSN: | 2152-2812 2194-5888 |
| DOI: | 10.1017/bca.2017.10 |
| Popis: | China’s Cap on Coal Consumption (CCC) Policy serves as a key strategy to address the serious air pollution in China, and it helps to address coal’s climate, environment and health damages. Current implementation of it focuses on substituting coal used in power plants and boilers with natural gas, whereas phasing out household coal use is less emphasized. This study estimates the benefits and costs of interventions for phasing out coal used in power plants and in households in Beijing. The results suggest that the phasing out of household coal use can result in net social benefits. However, coal-to-gas projects for power plants actually bring net social losses, a result largely attributable to the relative high price of natural gas in China. In addition to the actual policy evaluations of phasing out coal, this study outlines how to conduct economic analysis of air pollution policies in China taking into account uncertainty and correlations of key parameters. With the importance at a national and global level to reduce the negative effects of coal consumption, together with the trend of scaling up coal reduction interventions in China from local pioneers to the national level, this study provides implications on how to achieve more socially beneficial results for such interventions. |
| Databáze: | OpenAIRE |
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