Whether The Energy-Consuming Right Transaction System Can Achieve The Dual Control Of Both Energy Consumption And Intensity?

Energy-Consuming Right(ECR)is an important institutional innovation in China,which has far-reaching significance for promoting the green economy.In order to explore whether the Energy-Consuming Right Transaction System can achieve the dual control of both energy consumptions and intensity,we measures the policy dividends under the two modes of Command and Control as well as Tradable Permits.Based on this,an improved integrated energy intensity decomposition model is constructed.Using the input-output data of the three major industries in 30 provinces from year 2001 to 2015,we quantitatively analyze the changes of China's energy intensity and their influencing factors.The findings are as follows:(1)China's tertiary industry has the greatest potential for economic growth,followed by the primary industry and the secondary industry.At the same time,we found that the energy consumption of the secondary industry is high,and some of the energy should be given away,while the primary and tertiary industries can also appropriately increase energy consumption to achieve the Pareto optimality of resource allocation.(2)The regional effect is an important factor affecting the change of energy intensity,and the effect of the industrial structure within the region on the change of energy intensity is small.This means that the fragmentation of China's energy market and its distortions are mainly attributed to the inter-provincial barriers to resource trade.However,this barrier does not exist in the industrial structure within the region.The phenomenon of "prince economy" still exists.(3)The energy intensity under the Tradable Permits model can be reduced by about 14.02% compared to the actual energy intensity,and the total energy consumption is decreased by 7.07%.By using the Energy-Consuming Right Transaction System,energy can be inter-periodically inter-provincially distributed(in both time and space),resources can be used rationally,and the economy can be more balanced and fully developed,thus realizing total energy consumption and energy intensity " dual control" task.