Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.111015 |
Fossil energy subsidies in China's modern coal chemical industry | |
Li, Yiming1,2; Li, Changqing1,2 | |
2019-12-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 135 |
文章类型 | Article |
语种 | 英语 |
国家 | Peoples R China |
英文摘要 | The issue of whether there is a fossil energy subsidy in China's modern coal chemical (MCC) sector remains controversial, although domestic coal prices have been liberalized since 2013. To identify potential fossil energy subsidies in the MCC industry, an inventory approach is used in subsidy measurement. Three representative forms of coal consumption subsidization are identified and measured in this paper: feed coal supply at a preferential price, prior access to coal mining rights, and privilege in coalmine M&A (mergers and acquisitions) cases. Using China's coal-to-liquids (CTL) industry as a case study, we find that the current subsidy helps save 50% of the coal consumption cost of a typical plant, and the total amount of subsidy in the CTL industry will reach 16.4 billion Yuan in 2022. However, according to the results of efficiency, wastefulness and effectiveness tests, 47.03% of the current subsidy in the industry is excessive, leading to overinvestment and energy waste. To compensate for the deficiency of the subsidizing mechanism, we suggest replacing subsidizing channels that rely on mining rights concessions or M&A cases with channels using long-term coal supply contracts that couple contract prices and oil prices. |
英文关键词 | Modern coal chemical Coal-to-liquids Energy subsidy G20 Inventory approach Energy subsidy reform |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000506465400002 |
WOS关键词 | PUBLIC-POLICY ; LIQUEFACTION ; EUROPE ; RIGHTS ; IMPACT ; FUELS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/224582 |
专题 | 环境与发展全球科技态势 |
作者单位 | 1.Inner Mongolia Univ Technol, Sch Chem Engn, Hohhot 010051, Inner Mongolia, Peoples R China; 2.Inner Mongolia Univ Technol, Sch Econ & Management, Hohhot 010051, Inner Mongolia, Peoples R China |
推荐引用方式 GB/T 7714 | Li, Yiming,Li, Changqing. Fossil energy subsidies in China's modern coal chemical industry[J]. ENERGY POLICY,2019,135. |
APA | Li, Yiming,&Li, Changqing.(2019).Fossil energy subsidies in China's modern coal chemical industry.ENERGY POLICY,135. |
MLA | Li, Yiming,et al."Fossil energy subsidies in China's modern coal chemical industry".ENERGY POLICY 135(2019). |
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