China's strategy for energy development and climate change mitigation

In recent years, China has made great efforts in energy saving and carbon emission reduction by pushing forward domestic sustainable development along with global climate change mitigation. The efforts have paid off with a dramatic decrease in carbon intensity. Nevertheless, China is still confronted with tough challenges in emission control due to the fast pace of industrialization, large total historical emission and high growth rate of emissions. Therefore, China should give priority to energy saving by improving energy efficiency and sectoral structure adjustment and upgrade, and develop sustainable and renewable energy to optimize energy mix and its carbon content. China should continue to regard significant reduction of energy intensity and carbon intensity as the main objective in the near future, strive to achieve peak emissions around 2030, and realize a relatively sharp emissions reduction by 2050 in order to address climate change to meet the goal of making the warming less than 2 degrees. During the 12th Five Year Plan (FYP), China will further strengthen measures to control the amount of energy consumption, establish a statistics, accounting and evaluation system of carbon emissions, and promote a market-based carbon emissions trading mechanism to facilitate the low-carbon transformation of China's economy. (C) 2012 Elsevier Ltd. All rights reserved.