Christopher M. DentUniversity of Leeds.ppt

China’s 12th Five Year Plan, Energy Security and Domestic Stability China’s 12th Five Year Plan Context China’s FYPs date back to the early 1950s Maps out strategies and goals for economic development, specific projects and reforms Less dirigste than before, now officially called ‘guidelines’ rather than ‘plans’ 12th FYP (2011-2015) Continuity of objectives from previous FYPs: greening of economic growth growth with greater social equity promoting domestic consumption improve social infrastructures and safety nets foster emerging high-tech sectors, e.g. solar … more emphasis on sustainable development China’s 12th Five Year Plan:Key Issues for Energy and Climate Change CC Related Targets and Policies Context: CO2 emissions, tons per capita: China 4.9, EU 9.1, US 18.9 Policies: Improve energy efficiency laws + standards, energy-saving market mech-anisms (inc. new taxes), establish carbon markets, improve emission monitoring systems, new energy-efficient transport, limit growth of energy-intensive sectors Targets: By 2015: coal’s share - 70% to 62%, 17.3% reduction in energy-intensity (20% target met in last plan) By 2020: wind/solar/biomass: 200GW, nuclear 80GW, hydro 380GW (20% of total energy demand); 40-45% reduction in energy-intensity (CO2 per GDP unit) China’s 12th Five Year Plan:Key Issues for Energy and Climate Change Green Energy Sector Development Part of a broader programme of high-tech industrial policy 7 strategic industries for ‘clean’ development: new gen IT, energy-saving and environment protection, renewables, biotech, high-end equipment, new materials and new-energy cars China’s Provinces ‘Rural modernisation’ and developing new energy infrastructure and production in China’s poorer provinces New engines of growth for the Chinese economy? China’s Provinces … some much richer than others… GDP nominal p/capita, US$ 2009 Richest – Shanghai Municipality (11,361), Beijing Municipality (10,070), Tianjin Municipality (9,136), Z