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Energy Efficiency in China

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The concept of the energy efficiency resource goes beyond energy efficiency: increasing efficiency (thereby reducing energy demand) is as much a contribution to meeting energy needs as, for example, coal for power generation to increase supply (and has definite advantages from an environmental and cost perspective). We characterise the energy efficiency resource in the context of the overall Chinese energy system and demonstrate how business can take advantage of new incentives to utilise it to their competitive advantage. These incentives can include voluntary labelling schemes (incentive for manufacturers), sale of certified emission reductions under the Clean Development Mechanism (incentive to attract foreign direct investment and technology transfer), incentives offered via government programmes to promote energy efficiency under the 11th Five-Year Plan and Energy Conservation Law, and other financial incentives.
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Keywords: 11th Five-Year Plan; Business case; China; Clean Development Mechanism; Energy Conservation Law; Energy efficiency; Investment strategy

Document Type: Research Article

Publication date: 01 June 2005

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  • First published in 1993, Greener Management International: The Journal of Corporate Environmental Strategy and Practice (GMI) is the leading quarterly management journal drawing together strategic environmental and sustainability issues as they affect organisations worldwide. GMI enjoys a global reputation for innovation, readability and quality. With an international Editorial Board of over thirty professional and academic experts, GMI maintains rigorous standards for contributions. Following the continued success of its themed issues, GMI now focuses entirely on producing four theme issues a year. These innovative, cutting-edge editions have been widely praised and provide subscribers with unique global perspectives on the issues that matter in corporate sustainability.
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