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China's post-COVID-19 stimulus: No Green New Deal in sight

Gosens, Jorrit; Jotzo, Frank

Description

Much hope has been placed on China's decisions regarding low-carbon stimulus following COVID-19. Analysis of China's recent Government Work Report suggests that while a repeat of recovery measures focused on high-emissions infrastructure following the 2008 global recession is not in the cards, a Chinese Green New Deal is not in sight either. Much investment is flowing to fossil fuel industries, whilst support policies for renewable energy industries are absent from Beijing's recovery program....[Show more]

dc.contributor.authorGosens, Jorrit
dc.contributor.authorJotzo, Frank
dc.date.accessioned2020-12-20T20:50:50Z
dc.date.available2020-12-20T20:50:50Z
dc.identifier.issn2210-4224
dc.identifier.urihttp://hdl.handle.net/1885/217581
dc.description.abstractMuch hope has been placed on China's decisions regarding low-carbon stimulus following COVID-19. Analysis of China's recent Government Work Report suggests that while a repeat of recovery measures focused on high-emissions infrastructure following the 2008 global recession is not in the cards, a Chinese Green New Deal is not in sight either. Much investment is flowing to fossil fuel industries, whilst support policies for renewable energy industries are absent from Beijing's recovery program. These signs of environmental ambition taking a back seat are worrisome given that Beijing is currently designing its 14th Five-Year Plan.
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherElsevier
dc.sourceEnvironmental Innovation and Societal Transitions
dc.source.urihttps://doi.org/10.1016/j.eist.2020.07.004
dc.titleChina's post-COVID-19 stimulus: No Green New Deal in sight
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume36
dc.date.issued2020
local.identifier.absfor160505 - Economic Development Policy
local.identifier.absfor140205 - Environment and Resource Economics
local.identifier.ariespublicationu1074828xPUB37
local.identifier.ariespublicationa383154xPUB14849
local.type.statusPublished Version
local.contributor.affiliationGosens, Jorrit, College of Asia and the Pacific, ANU
local.contributor.affiliationJotzo, Frank, College of Asia and the Pacific, ANU
local.bibliographicCitation.startpage250
local.bibliographicCitation.lastpage254
dc.date.updated2020-11-15T07:20:28Z
CollectionsANU Research Publications

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