From China Watch:
China must shift to a low-carbon economy. This is not just because of the high pressure from the international community to curb greenhouse gas (GHG) emissions, but also because of the rising domestic exploitation of the nation’s natural resources. Developing a low-carbon economy that is friendly to both the climate and the environment can help China change its economic growth model as well as protect the national environment.
The essence of a low-carbon economy is energy efficiency and a clean energy structure; the key to getting there is innovation in both energy technology and mechanisms. By employing a low-carbon economy, especially cleaner use of fossil energy, China will be able to change its current energy-intensive, high-emitting, and low-output model of economic growth and ease the conflicts between economic development and natural resources. Meanwhile, China can also learn from policies and mechanisms that encourage development and innovations in low-carbon technology. [Full Text]