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Lin, C., Qi, J., Liang, S. et al. Saving less in China facilitates global CO2 mitigation. Nat Commun

Objective:

  • Provide insights on consumption-driven economic rather than investment-driven development

Case:

  • China

Methodology:

  • Srtructural decomposition analysis
  • MRIO

Data Source

  • MRIO: GTAP

Findings:

  • Saving rates increase contributed 188.6 Mt to changes in global industrial CO2 emissions during 2007-12, accounting for 0.7% of total CO2 emissions in 2012
  • Significant sectors include energy generation, resource extaction and manufacturing industries
  • On the contraty, the increase of saving rates in China reduced carbon emissions in agricultural and service sectors
  • Saving rate increase led to 168.6 Mt of industrial CO2 emission increments, also leadting increase in other countries
  • Positive correlation between China’s saving rate and CO2 emission
  • A 15% decrease in the saving rate of Chinese region can reduce 323 Mt (1.2%) global carbon emission

Coding Reference:

  • Upon request