PROGRAMME AND PRESENTATIONS
\nThe Seminar on Research in Energy Economics at Paris-Sciences-Lettres (PSL) is jointly organized by the CERNA (MINES PARIS TECH), the CGEMP (Universit\u00e9 Paris-Dauphine), the Chaire European Electricity Markets (Universit\u00e9 Paris-Dauphine), and i3 (l\u2019Institut interdisciplinaire de l\u2019innovation), members of PSL. It is animated by Fran\u00e7ois LEVEQUE (MINES PARIS TECH), Dominique FINON (Chaire European Electricity Markets, CNRS-CIRED) and Patrice GEOFFRON (Director, CGEMP, Universit\u00e9 Paris-Dauphine).<\/p>\n
Fergus Green<\/strong>, Policy Analyst, Grantham Institute on Climate change and Environment (LSE) In light of Chinese economic and policy trends affecting the structure of the economy and the consumption of fossil fuels, particularly coal, across power generation, industry and transport, it appears that the peak in China\u2019s carbon dioxide emissions from energy, and in overall GHG emissions, is unlikely to occur as late as 2030, and more likely to occur by 2025. It could well occur even earlier than that. This suggests that China\u2019s international commitment to peak carbon dioxide emissions \u201caround 2030\u201d should be seen as a conservative \u201cupper limit\u201d from a government that prefers to underpromise and over-deliver. It is important that governments, businesses and citizens everywhere understand this fundamental change in China, reflect on their own ambitions on climate change, and adjust upwards expectations about the global market potential for low-carbon and environmental goods and services.
\nChina\u2019s \u201cnew normal\u201d: structural change, better growth, and peak emissions<\/em>
\nPresentation<\/a><\/p>\n
\nAfter the emissions peak, to reduce its emissions at a rapid rate, China will need to deepen its planned reforms in cities and in the energy system, supported by a concerted approach to clean innovation, green finance and fiscal reforms.
\nGrantham Policy Report, June 2015, co-authored with Nicholas STERN<\/em><\/p>\n