Abstract

Economic development usually leads to increased energy consumption, which in turn will result in an increase in carbon emissions. To break the relationship between economic development and carbon emissions, scholars have turned their attention to the phenomenon of decoupling. In this paper, we studied the decoupling relationship between carbon emissions and economic growth of the equipment manufacturing industry in China from 2000 to 2014. We adapted the LMDI decomposition method, and we used the Tapio decoupling evaluation model to analyze our data. We found that the decoupling relationship between carbon emissions and economic growth of China’s equipment manufacturing industry is weak, which indicates the industry is experiencing faster economic growth than carbon emission growth. We found the economic output is the factor that has the strongest influence on the industry’s carbon emission, and energy consumption intensity has the strongest relationship with the decoupling of economic growth and carbon emission. The indicators of the industry’s decoupling-effort are all less than 1.0, which indicates that the industry is in the state of weak decoupling, and we also observed an annual decreasing trend in the industry’s indicators. Toward the end of this paper, we used the Grey forecasting model to predict the decoupling relationship between carbon emission and economic growth for 2015–2024, and we discussed the implications of our research.

Highlights

  • As global warming becomes worse, scholars have started to explore ways to achieve low carbon economic growth [1,2]

  • We found that the decoupling relationship between the carbon emission of the equipment manufacturing industry and economic growth was weakly decoupling, and the state

  • We found that the decoupling relationship between the carbon emission of the equipment manufacturing industry and economic growth was weakly decoupling, and the state was unstable

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Summary

Introduction

As global warming becomes worse, scholars have started to explore ways to achieve low carbon economic growth [1,2]. Freitas [13] used a region’s data on economic activity and carbon emissions to calculate its decoupling evolution and decoupling status, and Mohamed Amine Boutabba [27] studied the relationship between carbon emissions, economic growth and energy consumption using the Granger causality method. Bithas and Kalimeris [30] recently re-estimated the energy-economic growth decoupling effect of the world by including global data on the physiology and dimensionality of economic goods They found that the results of their research were worse than those in the literature calculated based on the traditional approach that uses energy/GDP ratio. Csereklyei and Stern [17] studied global energy consumption by using the evolution of energy use approach instead of the traditional pollution emission approach In view of these limitations of the literature, we pose the following research question: What are the factors that influence a region’s decoupling standard?

Decoupling Index
Tapio Decoupling Model
Measurement Model of Carbon Emissions
Decoupling of Carbon Emissions Measure
Factor-Separating of Carbon Emission Decoupling
Carbon Emissions Decoupling-Effort
Forecast Model
Comparisonbetween betweenGDP
Theoretical Implications
Implications of Research
Findings
Conclusions
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