China’s Policy Design on Low-Carbon Economy

Zuojun WANG

Abstract


It is universally acknowledged that every country must faces up to low-carbon economy actively. However, how to develop low-carbon economy is still perplexed. This paper considers that low-carbon economy should be viewed as a complex adaptive system (CAS). Public policy and inventive system is indispensable in this CAS because it provides safeguard and impetus for low-carbon economy, especially in developing countries. According to China’s current situation, there are many public policies and management regulations should be established and carried out as soon as possible. Furthermore, some public policies and management mechanisms should be remained priority, i.e. government must establishes a proper legal system, exerts market mechanism fully to provide force and support for low-carbon economy, and carries out admittance and quitting mechanism, monitoring and appraisal mechanisms strictly, improves the political achievement appraisal system, and implements the accountability system of conserving energy and reducing emissions. Only by speeding up these steps consistently can energy conservation and emission reduction be successful.

Keywords


Low-carbon Economy; Policy Design; Incentive Mechanism; Safeguard System

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References


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DOI: http://dx.doi.org/10.3968%2Fj.mse.1913035X20130703.2782

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