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Investigating Low-Carbon City: Empirical Study of Shanghai

Author

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  • Xuan Yang

    (School of Economic and Management, China University of Petroleum (East China), Qingdao 266580, Shandong, China)

  • Rongrong Li

    (School of Economic and Management, China University of Petroleum (East China), Qingdao 266580, Shandong, China
    School of Management and Economics, Beijing Institute of Technology, Beijing 10081, China)

Abstract

A low-carbon economy is an inevitable choice for achieving economic and ecological sustainable development. It is of significant importance to analyze a city’s low-carbon economy development level scientifically and reasonably. In order to achieve this goal, we propose an urban low-carbon economic development level evaluation model based on the matter-element extension method. First, we select some indicators from the existing indicator system based on past research and experience. Then, a matter-element model is established on the basis of weight to evaluate the level of a city’s low-carbon, the critical value of each index is determined through the classical domain and the section domain, calculating the correlation degree of a single index and a comprehensive index. Finally, we analyze the low-carbon economy development status and future development trends according to the analysis results. In this study, we select Shanghai as an empirical study—the results show that Shanghai is a city with a low-carbon level and there is a trend of further improvement in Shanghai’s low-carbon economy. But its low carbon construction and low carbon technology investment are relatively low. In summary, this method can provide another angle for evaluating a city’s low-carbon economy.

Suggested Citation

  • Xuan Yang & Rongrong Li, 2018. "Investigating Low-Carbon City: Empirical Study of Shanghai," Sustainability, MDPI, vol. 10(4), pages 1-14, April.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1054-:d:139269
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    References listed on IDEAS

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    3. Garfield Wayne Hunter & Gideon Sagoe & Daniele Vettorato & Ding Jiayu, 2019. "Sustainability of Low Carbon City Initiatives in China: A Comprehensive Literature Review," Sustainability, MDPI, vol. 11(16), pages 1-37, August.
    4. Zhu, Qing & Lu, Kai & Liu, Shan & Ruan, Yinglin & Wang, Lin & Yang, Sung-Byung, 2022. "Can low-carbon value bring high returns? Novel quantitative trading from portfolio-of-investment targets in a new-energy market," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 755-769.

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