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Energy‐Related Environmental Policy and Its Impacts on Energy Use in Asia

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  • Toshi H. Arimura
  • Makoto Sugino

Abstract

Economic growth in Asia has increased in the past three decades and has heightened energy demand, resulting in rising greenhouse gas emissions and severe air pollution. To tackle these issues, fuel switching and the deployment of renewables are essential. In the present paper, we discuss the environmental regulations, mainly carbon pricing, implemented in Asia and discuss their achievements. Empirical studies using microdata have shown that carbon pricing in Asia can reduce carbon emissions by promoting energy efficiency. At the macro level, we observe some evidence of fuel switching from coal to natural gas among major emitters. However, more carbon pricing is necessary in Asia if we aim for the decarbonization of the economy.

Suggested Citation

  • Toshi H. Arimura & Makoto Sugino, 2021. "Energy‐Related Environmental Policy and Its Impacts on Energy Use in Asia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(1), pages 44-61, January.
    • Handle: RePEc:bla:asiapr:v:16:y:2021:i:1:p:44-61
    DOI: 10.1111/aepr.12319
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    References listed on IDEAS

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    Cited by:

    1. Miwa Nakai & Majah-Leah V. Ravago & Yoichi Miyaoka & Kiyoshi Saito & Toshi. H Arimura, 2022. "Consumers' Preferences for Energy-Efficient Air Conditioners in a Developing Country: A Discrete Choice Experiment Using Eco Labels," Working Papers e166, Tokyo Center for Economic Research.
    2. Toshi H. Arimura & Maosheng Duan & Hyungna Oh, 2021. "EEPS special issue on “Carbon Pricing in East Asia”," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(3), pages 495-500, July.
    3. Hidemichi Fujii, 2021. "Comment on “Transition of the Chinese Economy in the Face of Deep Greenhouse Gas Emissions Cuts in the Future”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(1), pages 163-164, January.
    4. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2021. "Energy and the Environment: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(1), pages 1-21, January.
    5. Nobuo Tanaka, 2021. "Comment on “Energy‐Related Environmental Policy and Its Impacts on Energy Use in Asia”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(1), pages 62-64, January.

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