能源补贴政策及其改革——为减排提供经济激励

The subsidy, as a measure, is widely applied by governments at all levels around the world as a way of policy interventions. However, there are two completely opposite opinions of subsidies on energy and environmental protection. The only reason for subsidy in existence is the internalization of external benefit. The paper firstly examines the energy subsidy policies relevant to climate change mitigation in China and their effectiveness, then points out the deficiency existing in energy conservation policies and renewable energy development policies, and finally suggests that China should exert positive role of subsidy policies and reduce negative effects in promoting climate change mitigation.

Energy Subsidy Policies and Their Reform: Providing economic incentives for climate change mitigation

The subsidy, as a measure, is widely applied by governments at all levels around the world as a way of policy interventions. However, there are two completely opposite opinions of subsidies on energy and environmental protection. The only reason for subsidy in existence is the internalization of external benefit. The paper firstly examines the energy subsidy policies relevant to climate change mitigation in China and their effectiveness, then points out the deficiency existing in energy conservation policies and renewable energy development policies, and finally suggests that China should exert positive role of subsidy policies and reduce negative effects in promoting climate change mitigation.