China's Transit to a Low Carbon Energy Economy in the Context of Sustainable Development

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President Xi Jinping has recently put forth his energy paradigm which has five pillars: energy production revolution, energy consumption revolution, energy technology revolution, energy system and institutional revolution, and international cooperation. The first part of the presentation will present an outlook of China’s revolutionary transition to a low-carbon energy economy. The second part of the presentation will introduce the integrated assessment work of the Tsinghua-MIT China Energy and Climate Project, which aims at estimating the co-benefits of China’s climate policy.

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Professor Zhang holds a Ph.D. of Systems Engineering from Tsinghua University. Dr. Zhang is currently a Professor of Management Science and Engineering and Director of the Institute of Energy, Environment and Economy, Tsinghua University. Professor Zhang is also the co-director of the Tsinghua-MIT China Energy and Climate Project. He has conducted research on sustainable energy technology innovation and diffusion, markets, policies, and futures for China. Professor Zhang served as the co-leader of the expert group for drafting China’s Renewable Energy Law during 2004 -2005, which was organized by the Environmental Protection and Resource Conservation Committee of National People’s Congress. Professor Zhang is currently leading a national carbon market research project which aims at assisting National Development and Reform Commission (NDRC) in designing China’s national carbon emission cap and trade scheme. Since 2012, he has been the principle investigator for the four-year research project “China’s mid-and long­term low carbon development strategy.” Professor Zhang is also coordinating a research project titled, “China Energy Revolution: targets, pathways and policies,” which is tasked by National Energy Administration. He has been a lead author of the 4th and 5th IPCC Climate Change Assessment Report.