Peak Oil, Climate Change, and the Limits to China's Economic Growth

Peak Oil, Climate Change, and the Limits to China's Economic Growth
Author: Minqi Li
Publisher: Routledge
Total Pages: 201
Release: 2014-02-24
Genre: Business & Economics
ISBN: 1317820304
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This book studies the limits imposed by the depletion of fossil fuels and the requirements of climate stabilization on economic growth with a focus on China. The book intends to examine the potentials of various energy resources, including oil, natural gas, coal, nuclear, wind, solar, and other renewables, as well as energy efficiency. Unlike many other books on the subject, this book intends to argue that, despite the large potentials of renewable energies and energy efficiency, economic growth eventually will have to be brought to an end as China and the world undertake the transition from fossil fuels to renewable energies. China has overtaken the US to become the world’s largest energy consumer and greenhouse gas emitter. Their energy consumption is dominated by coal and China now accounts for one quarter of the world’s total carbon dioxide emissions. Moreover, China is set to become the world’s largest oil importer in the next decade. This book will consider energy development in the broader context of economic and social changes, especially the historical dynamics of the capitalist world system. Historical lessons of capitalism and socialism will be discussed. The book will evaluate the implications of ecological limits to growth on the economic system and argue that the existing capitalist system is fundamentally incompatible with ecological sustainability.

China's Dilemma

China's Dilemma
Author: Ligang Song
Publisher: ANU E Press
Total Pages: 446
Release: 2008-07-01
Genre: Science
ISBN: 1921536039
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China's Dilemma - Economic Growth, the Environment and Climate Change examines the challenges China will have to confront in order to maintain rapid growth while coping with the global financial turbulence, some rising socially destabilising tensions such as income inequality, an over-exploited environment and the long-term pressures of global warming. China's Dilemma discusses key questions that will have an impact on China's growth path and offers some in-depth analyses as to how China could confront these challenges. The authors address the effect of the global credit crunch and financial shocks on China's economic growth; China's contribution to greenhouse gas emissions and emissions reduction schemes; the environmental consequences of foreign direct investment in China; the relationship between air pollution and mortality; the effect of climate change on agricultural output; the coal industry's compliance with tougher regulations; and the constraints water shortages may impose on China's economy. It also emphasises the importance of managing the rising demand for energy to moderate oil price increases and placating domestic and international concerns about global warming. In the thirty years since China started on the path of reform, it has emerged as one of the largest and most dynamic economies in the world. This carries with it the responsibility to balance the requirements of key industries that are driving its development with the need to ensure that its growth is both equitable and sustainable. China's Dilemma highlights key lessons learned from the past thirty years of reform in order to pave the way for balanced and sustained growth in the future.

Peak Everything

Peak Everything
Author: Richard Heinberg
Publisher: New Society Publishers
Total Pages: 241
Release: 2010-07-15
Genre: Political Science
ISBN: 1550924699
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The 20th century saw unprecedented growth in population, energy consumption and food production. As the population shifted from rural to urban, human impacts on the environment increased dramatically. The 21st century ushered in an era of declines, including: Oil, natural gas and coal extraction Yearly grain harvests Climate stability Economic growth Fresh water Minerals and ores, such as copper and platinum To adapt to this profoundly different world, we must begin now to make radical changes to our attitudes, behaviors and expectations. Now in paperback and featuring a foreword by James Howard Kunstler, Peak Everything addresses many of the cultural, psychological and practical changes we will have to make as nature dictates our new limits. This landmark work from Richard Heinberg, author of three of the most important books on Peak Oil, touches on vital aspects of the human condition at this unique moment in time. A combination of wry commentary and sober forecasting on subjects as diverse as farming and industrial design, this book describes how to make the transition from The Age of Excess to the Era of Modesty with grace and satisfaction, while preserving the best of our collective achievements. Peak Everything is a must-read for individuals, business leaders and policy makers serious about effecting real change.

China's Limits to Growth

China's Limits to Growth
Author: Peter Ho
Publisher: Wiley-Blackwell
Total Pages: 288
Release: 2006-10-23
Genre: Political Science
ISBN: 9781405153904
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In this book a multi-disciplinary team of experts from around the world studies the environmental challenge posed by China’s phenomenal economic growth. An exploration of the environmental challenge posed by China’s phenomenal economic growth. Written by a multi-disciplinary team of experts from around the world. Argues that China’s development poses the greatest ever challenge for the modern world in terms of speed, size and resource scarcity. Discusses issues such as cleaner production, green car technology, resettlement resulting from dam building, and biotechnology. Moves beyond the dichotomy between alarmist, radical views and moderate notions of incremental change.

The Great Disruption

The Great Disruption
Author: Paul Gilding
Publisher: A&C Black
Total Pages: 305
Release: 2011-04-04
Genre: Business & Economics
ISBN: 1408817519
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A major new analysis and action plan to deal with two linked challenges to human ingenuity and human survival - the crisis of climate change and the world economic crash. 'Gilding says that our current economic model is driving the system over a cliff. We are already living beyond the planet's capacity to support us and a crisis is no longer avoidable' The Times 'If you're planning to stick around for the 21st century, this might be a useful book to consult' Bill McKibben, author of Eaarth and The End of Nature It's time to stop just worrying about climate change, says Paul Gilding. Instead we need to brace for impact, because global crisis is no longer avoidable. The 'Great Disruption' started in 2008, with spiking food and oil prices and dramatic ecological change like the melting polar icecap. It is not simply about fossil fuels and carbon footprints. We have come to the end of Economic Growth, Version 1.0, a world economy based on consumption and waste, where we lived beyond the means of our planet's ecosystems and resources. The Great Disruption offers a stark and unflinching look at the challenge humanity faces - yet also a deeply optimistic message. The coming decades will see loss, suffering and conflict as our planetary overdraft is paid. However, they will also bring out the best humanity can offer: compassion, innovation, resilience and adaptability. Gilding tells us how to fight, and win, what he calls 'the One Degree War' to prevent catastrophic warming of the earth, and how to start today. The crisis we are in represents a rare chance to replace our addiction to growth with an ethic of sustainability, and it's already happening. It's also an unmatched business opportunity: old industries will collapse while new companies literally reshape our economy. In the aftermath of the Great Disruption, we will measure 'growth' in a new way. It will mean not quantity of stuff, but quality, and happiness, of life. And, yes, there is life after shopping. The Great Disruption is an invigorating and well-informed polemic by an advocate for sustainability and climate change who has dedicated his life to campaigning for a balanced use of Earth's limited resources. It is essential reading.

Peeking at Peak Oil

Peeking at Peak Oil
Author: Kjell Aleklett
Publisher: Springer Science & Business Media
Total Pages: 345
Release: 2012-05-19
Genre: Technology & Engineering
ISBN: 1461434246
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The term “Peak Oil” was born in January 2001 when Colin Campbell formed the Association for the Study of Peak Oil & Gas (ASPO). Now, Peak Oil is used thousands of times a day by journalists, politicians, industry leaders, economists, scientists and countless others around the globe. Peak Oil is not the end of oil but it tells us the end is in sight. Anyone interested in food production, economic growth, climate change or global security needs to understand this new reality. In Peeking at Peak Oil Professor Kjell Aleklett, President of ASPO International and head of the world’s leading research group on Peak Oil, describes the decade-long journey of Peak Oil from extremist fringe theory to today’s accepted fact: Global oil production is entering terminal decline. He explains everything you need to know about Peak Oil and its world-changing consequences from an insider’s perspective. In simple steps, Kjell tells us how oil is formed, discovered and produced. He uses science to reveal the errors and deceit of national and international oil authorities, companies and governments too terrified to admit the truth. He describes his personal involvement in the intrigues of the past decade. What happens when a handful of giant oil fields containing two thirds of our planet’s oil become depleted? Will major oil consumers such as the EU and US face rationing within a decade? Will oil producing nations conserve their own oil when they realize that no one can export oil to them in the future? Does Peak Oil mean Peak Economic Growth? If you want to know the real story about energy today and what the future has in store, then you need to be “Peeking at Peak Oil”.

China's Dilemma

China's Dilemma
Author: Ligang Song
Publisher:
Total Pages: 446
Release: 2008
Genre:
ISBN:
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The Economics of Climate Change in China

The Economics of Climate Change in China
Author: Fan Gang
Publisher: Routledge
Total Pages: 481
Release: 2013-09-13
Genre: Political Science
ISBN: 1134073666
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China faces many modernization challenges, but perhaps none is more pressing than that posed by climate change. China must find a new economic growth model that is simultaneously environmentally sustainable, can free it from its dependency on fossil fuels, and lift living standards for the majority of its population. But what does such a model look like? And how can China best make the transition from its present macro-economic structure to a low-carbon future? This ground-breaking economic study, led by the Stockholm Environment Institute and the Chinese Economists 50 Forum, brings together leading international thinkers in economics, climate change, and development, to tackle some of the most challenging issues relating to China's low-carbon development. This study maps out a deep carbon reduction scenario and analyzes economic policies that shift carbon use, and shows how China can take strong and decisive action to make deep reductions in carbon emission over the next forty years while maintaining high economic growth and minimizing adverse effects of a low-carbon transition. Moreover, these reductions can be achieved within the finite global carbon budget for greenhouse gas emissions, as determined by the hard constraints of climate science. The authors make the compelling case that a transition to a low-carbon economy is an essential part of China's development and modernization. Such a transformation would also present opportunities for China to improve its energy security and move its economy higher up the international value chain. They argue that even in these difficult economic times, climate change action may present more opportunities than costs. Such a transformation, for China and the rest of the world, will not be easy. But it is possible, necessary and worthwhile to pursue.

The Rise of China and the Demise of the Capitalist World Economy

The Rise of China and the Demise of the Capitalist World Economy
Author: Minqi Li
Publisher: NYU Press
Total Pages: 229
Release: 2008
Genre: Business & Economics
ISBN: 158367182X
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In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.