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Can Demand-Side Policies Effectively Reduce Residential Carbon Emissions? Evidence from China’s Carbon Generalized System of Preferences (CGSP)

In: Proceedings of the 28th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Xiangnan Song

    (Guangzhou University)

  • Chuwen Pan

    (Guangzhou University)

  • Hongping Yuan

    (Guangzhou University)

  • Zhi Sun

    (Research Institute of Standards and Norms of the Ministry of Housing and Urban Rural Development)

Abstract

The carbon emissions generated by energy consumption on the demand-side accounting for approximately 85% of the total global carbon emissions, which is essential in addressing global climate change. To achieve carbon reduction on the demand-side, the Carbon Generalized System of Preferences (CGSP) was proposed to utilize market mechanisms to encourage voluntary participation by residents in carbon reduction. This paper uses panel data from 2010 to 2020 to explore the effectiveness of the CGSP in reducing urban residents’ carbon emissions under different scenarios based on the difference-in-differences (DID) method. The results indicate that: (1) The CGSP in pilot cities has a significant carbon reduction effect, mainly relying on reducing electricity consumption, whereas spontaneously initiated cities have no significant effect. (2) The carbon reduction effect of residents in pilot cities show a positive and significant coorelation with the population agglomeration degree, urban scale and economic volume, but no significant relationship with residents’ income and industrial structure. These findings provide an important basis for the promotion and further development of CGSP.

Suggested Citation

  • Xiangnan Song & Chuwen Pan & Hongping Yuan & Zhi Sun, 2024. "Can Demand-Side Policies Effectively Reduce Residential Carbon Emissions? Evidence from China’s Carbon Generalized System of Preferences (CGSP)," Lecture Notes in Operations Research, in: Dezhi Li & Patrick X. W. Zou & Jingfeng Yuan & Qian Wang & Yi Peng (ed.), Proceedings of the 28th International Symposium on Advancement of Construction Management and Real Estate, chapter 0, pages 1995-2004, Springer.
    • Handle: RePEc:spr:lnopch:978-981-97-1949-5_139
    DOI: 10.1007/978-981-97-1949-5_139
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