wAbstract
@Fast economic growth in China has generated energy and environmental
problems. Fixed-asset investments have contributed significantly
to energy consumption. In China, an energy conservation assessment
(ECA), a mechanism similar to the existing environmental impact
assessment (EIA), has been applied to improve the energy efficiency
of new fixed-asset investment projects. In this paper the origin
and development of the ECA system is analyzed and the major features
of ECA are discussed. To identify the success and failure of the
ECA system, case studies are analyzed and comparison between ECA
and EIA, which has been used in China for over 30 years, is made.
Based on the analysis, recommendations are provided for the improvement
of the ECA system in China. Despite the ECA system only being
established for a relatively short time, it has clearly achieved
significant success. With further efforts it could play an important
role in achieving the goals of improving China's energy efficiency
and reducing green house gas emissions.
Keywords: Energy conservation assessment; Fixed-asset investment
project; Chinax
1. Introduction
2. Origin and development of ECA
3. ECA features
4. Does this mechanism play its intended role? An analysis of
case studies
5. Discussion
@5.1. Comparison of EIA and ECA
@5.2. Joint application of ECA and other policy measures
@5.3. Progress in methodological studies
@5.4. Summary of identified existing problems and recommendation
6. Conclusions
Acknowledgments
References