Analysis of Mutual Influence between Low Carbon Economy and Energy Industry Investment

摘要

After decade years of economic development, the energy industry played an important role in the nationaleconomy in China. But also it brought more troublesome problems - the gradual deterioration of the environmentand increasing pressure to reduce emissions. We have to face the reality that carbon emission in China hasbeen ranked first in the world. Therefore, the control of carbon emissions will be a top priority, and theprogress in this respect will bring advantages in the world. This paper analysed the characteristics of carbonemissions in the energy industry, studied the relationship between Chinese economic growth, energy intensityand energy industrial investment through the multivariate regression model. It concludes that: (1) There isan inverse relation between energy intensity and GDP, which shows that economic growth of China can beachieved in reducing carbon emissions. (2) Energy industrial fixed assets investment to GDP shows apositive correlation, indicating that the energy industry fixed assets investment has a stimulating effect onthe Chinese economy. (3) Carbon emissions and investment in the energy industry has been changing in theopposite direction. More investment in energy, the less carbon emissions, indicating that the Chinese energyeconomy has transformed, invest to low-carbon and efficient energy industry.