气候变化领域集成服务门户(CCPortal): The new coal champion of the world: The political economy of Chinese overseas development finance for coal-fired power plants

CCPortal

DOI	10.1016/j.enpol.2021.112334
	The new coal champion of the world: The political economy of Chinese overseas development finance for coal-fired power plants
	Kong B.; Gallagher K.P.
发表日期	2021
ISSN	03014215
卷号	155
英文摘要	This study aims to explain why China has become a new coal champion of the world. From 2006 to 2019, our new data set shows that China has financed 14 percent of the newly installed coal fired power plants across 17 countries around the world. We deploy a ‘push and pull’ analytical model and combine both qualitative and quantitative analysis to examine the political economy of Chinese overseas finance for coal. Our analysis shows that the globalization of Chinese official development finance for coal-fired power is a function of both the pull by the demand from the 17 countries, which have turned to the Chinese policy banks for financial backing to build coal-fired power plants, and the push by the coal-fired power equipment manufacturing sector in China and the central government in Beijing, which have been confronted with a set of structural challenges following the 2007–2008 global financial crisis. Our findings carry some worrisome policy implications for the global effort to reduce CO2 emissions resulting from coal burning in the electric sector. Without changes on the demand side, and a profound re-alignment of forces within China, Chinese development finance for coal-fired power may prove relatively resilient. © 2021 Elsevier Ltd
关键词	China Coal-fired power plants Official development finance Situational logic Structural adjustment
英文关键词	Coal fueled furnaces; Finance; Fossil fuel power plants; Mining; Public policy; China; Coal-fired power; Coal-fired power plant; Data set; Globalisation; Official development finance; Political economy; Qualitative and quantitative analysis; Situational logic; Structural adjustment; Coal; coal-fired power plant; energy market; energy policy; financial services; political economy; renewable resource; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205194
作者单位	University of Oklahoma Norman Campus: The University of Oklahoma International and Area Studies, 729 Elm Ave. Hester Hall Room 205, Norman, OK 73019, United States; Boston University Frederick S. Pardee School of Global Studies, 121 Bay State Road, Boston, MA 02215, United States
推荐引用方式 GB/T 7714	Kong B.,Gallagher K.P.. The new coal champion of the world: The political economy of Chinese overseas development finance for coal-fired power plants[J],2021,155.
APA	Kong B.,&Gallagher K.P..(2021).The new coal champion of the world: The political economy of Chinese overseas development finance for coal-fired power plants.Energy Policy,155.
MLA	Kong B.,et al."The new coal champion of the world: The political economy of Chinese overseas development finance for coal-fired power plants".Energy Policy 155(2021).