Asia & the Pacific

12 Items

Aerial view of Guangzhou-Huadu Plain and Mount Baiyun

Wikimedia CC/Pulsarwind

Discussion Paper - Harvard Project on Climate Agreements

The Guangdong Carbon Emissions Trading Scheme: Progress, Challenges and Trends

    Authors:
  • Zeng Xuelan
  • Li Weichi
  • Guo Xingyue
| June 2021

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

A satellite view of the Baihetan Dam, under construction on the Jinsha River in Yunnan province, February 4, 2020.

CNES/Airbus, used with permission

Paper

China Trading Power: Improving Environmental and Economic Efficiency of Yunnan’s Electricity Market

| March 2021

In this report, we propose a market reform pathway for Yunnan that is both feasible and applicable to address some of these challenges immediately, while aiming for a standard design based on well-documented international experience. Our proposal includes at its heart a pay-for-performance monthly capacity auction that can help cover revenue deficiencies in the energy market. Building on international experience with capacity markets, this approach provides incentives for availability when generation is needed most and is compatible with the adoption of a single energy market for all electricity resources. Out-of-market payments to cover stranded costs of certain firms can thus be minimized. Finally, engaging consumers in both these energy and capacity markets can create high-powered incentives to shift consumption to low-cost months and hours, benefitting the entire province.

Report: More Climate Change Recognition, Action Among Major Investors

Free-Photos/Pixabay

Report - Axios

More Climate Change Recognition, Action Among Major Investors

| May 10, 2018

Since the Paris Agreement's adoption in 2015, a majority of the world's largest investors have begun to take action on climate change. According to a new report, the 2016–2017 year showed an average improvement in decarbonization within all major investor categories except pension funds.

Solar panels at sunrise.

Karsten Würth

Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

The Geopolitics of Renewable Energy

| June 28, 2017

For a century, the geopolitics of energy has been synonymous with the
geopolitics of oil and gas. However, geopolitics and the global energy economy
are both changing. The international order predominant since the
end of World War II faces mounting challenges. At the same time, renewable
energy is growing rapidly. Nevertheless, the geopolitics of renewable
energy has received relatively little attention, especially when considering
the far-reaching consequences of a global shift to renewable energy.

The paper starts with a discussion of seven renewable energy scenarios
for the coming decades: the IEA’s World Energy Outlook 2016, the EIA’s
International Energy Outlook 2016, IRENA’s REmap 2016, Bloomberg’s
New Energy Outlook 2016, BP’s Energy Outlook 2016, Exxon-Mobil’s Outlook
for Energy 2016 and the joint IEA and IRENA G20 de-carbonization
scenario.

Discussion Paper - Energy Technology Innovation Policy Project, Belfer Center

Increasing Residential Building Energy Efficiency In China: An Evaluation of Policy Instruments

| April 2016

Various policies targeting at building energy efficiency have been promulgated by the Chinese government in the past decade. However, few studies evaluate if China is on the right path to meet its energy goals through these policies by providing an assessment of their effect in reducing energy consumption in residential buildings or the feasibility of such policies to catalyze these reductions. This paper attempts to fill this gap by systematically quantifying (1) the energy savings catalyzed by existing policy instruments; (2) the additional energy savings that could be realized by strengthening these policies; and (3) the relative advantages of each policy.

Report - Energy Technology Innovation Policy Project, Belfer Center

Energy Technology Innovation Policy in the Backdrop of the U.S.-China Emissions Agreement

The Energy Technology Innovation Policy research group at the Harvard Kennedy School and the Tsinghua School of Public Policy and Management convened a workshop at Tsinghua University in Beijing on June 18–19, 2015 to build on the momentum created by the U.S.-China joint emissions agreement and the upcoming Paris negotiations. The objective of the Workshop was to discuss the current state of affairs in China, in the United States, and in selected other countries as well as academic research on: (1) the funding and allocation of government investments in R&D, with a particular focus in energy; (2) the impact of policy on private sector innovation in energy; and (3) the management of publicly funded R&D organizations.

Report

Low Carbon Shanghai

August 2014

Reducing carbon emissions in Shanghai is a huge undertaking and involves every facet of both energy supply options and energy consumption patterns. The report focuses on three areas: 1. The integration of land use, transportation, and housing planning; 2. Improving building efficiency; and 3. Improving electricity use in building operations. As public concern over conventional air pollutants grows and the demand for air conditioning in the increasingly hot summers and heating in the winter rises, the potential of "locking-in" inefficient and costly energy use patterns increases. This report addresses these challenges.

Windmills generating electricity for South Africa's electric company Eskom seen near Brackenfell on the outskirts of Cape Town, South Africa,  Jan 29, 2008.

AP Photo

Discussion Paper - Energy Technology Innovation Policy Project, Belfer Center

Governmental Energy Innovation Investments, Policies and Institutions in the Major Emerging Economies: Brazil, Russia, India, Mexico, China, and South Africa

Over the past decade, countries with emerging economies like Brazil, Russia, India, Mexico, China, and South Africa have become important global players in political and economic domains. In 2007, these six countries consumed and produced more than a third of the world's energy and emitted about 35 percent of total greenhouse-gas (GHG) emissions. The changing global energy landscape has important implications for energy technology innovation (ETI) nationally and internationally. However, there is limited information available about the investments and initiatives that are taking place by the national governments within these countries. This paper presents the information available on energy RD&D investments in the emerging economies. 

Discussion Paper - Harvard Project on Climate Agreements, Belfer Center

Breaking the Climate Impasse with China: A Global Solution

| November 2009

A "deal" is proposed in this paper, whereby all major-emitting countries, including the United States and China, agree to reduce emissions through implementation of significant, mutually agreeable, domestic emission-reduction policies. To resolve the competitiveness and equity concerns, a proposed Carbon Mitigation Fund would be created. This proposed fund is contrasted with other existing and proposed mitigation funds and finance mechanisms.