气候变化领域集成服务门户(CCPortal): The impact of removing cross subsidies in electric power industry in China: Welfare, economy, and CO2 emission

CCPortal

DOI	10.1016/j.enpol.2020.111994
	The impact of removing cross subsidies in electric power industry in China: Welfare, economy, and CO2 emission
	Jia Z.; Lin B.
发表日期	2021
ISSN	03014215
卷号	148
英文摘要	There are cross subsidies in China's power industry and there is a gap between supply cost and the sales price of electricity to residents and enterprises. Enterprises pay for part of residents' electricity bills. As cross subsidies always have been criticized, this paper simulates counterfactual scenarios of removing cross subsidy by applying a dynamic recursive computable general equilibrium model. Based on the scenario analysis, the elimination of cross subsidy will have positive impact on economic performance, but negative on CO2 mitigation, industrial structure, and social welfare. Eliminating cross subsidies can reduce commodity prices, improve the competitiveness of enterprises, especially power-intensive enterprises. However, China is somehow an export-oriented country. Only a part of the benefits of the decrease in the product price is obtained by domestic households. Maybe removing cross subsidies is not a good policy in this kind of countries. However, under the background of power system reform, cross subsidy may not last long, and the price will not be regulated. With the marketization of electricity trading, appropriate imposed environmental tax or carbon tax will be more conducive to China's low-carbon development. © 2020 Elsevier Ltd
关键词	CO2 emission Computable general equilibrium model Cross subsidies Economy Power generation industry Welfare
英文关键词	Carbon; Carbon dioxide; Competition; Electric industry; International trade; Computable general equilibrium model; Economic performance; Electric power industries; Electricity trading; Environmental taxes; Industrial structures; Low-carbon development; Scenario analysis; Costs; carbon dioxide; carbon emission; computable general equilibrium analysis; electricity industry; environmental economics; environmental tax; pollution tax; power generation; subsidy system; welfare economics; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205172
作者单位	School of Management, China Institute for Studies in Energy Policy, Collaborative Innovation Center for Energy Economics and Energy Policy, Xiamen UniversityFujian 361005, China
推荐引用方式 GB/T 7714	Jia Z.,Lin B.. The impact of removing cross subsidies in electric power industry in China: Welfare, economy, and CO2 emission[J],2021,148.
APA	Jia Z.,&Lin B..(2021).The impact of removing cross subsidies in electric power industry in China: Welfare, economy, and CO2 emission.Energy Policy,148.
MLA	Jia Z.,et al."The impact of removing cross subsidies in electric power industry in China: Welfare, economy, and CO2 emission".Energy Policy 148(2021).