Assessing China’s energy transition pathway: Insights from the synergistic effects of key drivers
Article
Article Title | Assessing China’s energy transition pathway: Insights from the synergistic |
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ERA Journal ID | 210415 |
Article Category | Article |
Authors | Li, Assessing China’s energy transition pathway: Insights from the synergistic effects of key drivers, Rahman, Mohammad Mafizur and Haneklaus, Nils |
Journal Title | Energy Strategy Reviews |
Journal Citation | 55 |
Article Number | 101528 |
Number of Pages | 13 |
Year | 2024 |
Publisher | Elsevier |
Place of Publication | Netherlands |
ISSN | 2211-467X |
2211-4688 | |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.esr.2024.101528 |
Web Address (URL) | https://www.sciencedirect.com/science/article/pii/S2211467X24002372 |
Abstract | China's energy transition is a pivotal component of global efforts to combat climate change. This study identifies the synergistic effects of key factors driving this transition, including social-technology-economic, policy, investment, governance indicators. Asymmetric nexus impacts are explored by using quantile-on-quantile regression (QQR) method. Further, the synergistic effects of key drivers on China's energy transition are examined by model 1–4. The findings show that reconciling the tradeoffs of reducing coal emissions and promoting clean energy are crucial for China's energy transition. Urban growth, environmental taxes, financial development, and strong environmental governance and institutional quality significantly support these efforts, but show different synergistic effects scenarios. These findings also reinforce the need for a more inclusive response to China's energy sustainability challenges, in particular, coordinated policies and strategies in coal-reliant industrial sectors are critical for a successful energy transition. |
Keywords | Energy transition; STIRPAT; Institutional quality; Financial development; Synergistic effects |
Contains Sensitive Content | Does not contain sensitive content |
ANZSRC Field of Research 2020 | 389902. Ecological economics |
380205. Time-series analysis | |
Byline Affiliations | Yunnan Agricultural University, China |
School of Business | |
University for Continuing Education Krems, Austria | |
North-West University, South Africa |
https://research.usq.edu.au/item/z96w9/assessing-china-s-energy-transition-pathway-insights-from-the-synergistic-effects-of-key-drivers
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