DEVELOPMENT OF CHINA'S ALTERNATIVE ENERGY STRATEGY: PRECONDITIONS AND FORECASTS

Keywords: alternative energy, strategy, electricity, non-renewable energy, energy security, energy policy

Abstract

The article is devoted to the study of the development of China's alternative energy strategy. The article states that with the growth of the world's population and the continuous development of industry, the human need for energy is growing. It is a well-known fact that the growth of industrial production and CO2 emissions during production has caused climate change. Climate change threatens the survival of vulnerable species on earth, threatens ecosystems and biodiversity, and can threaten human survival. If the extreme weather that threatens human survival does not occur, the limitation of fossil resources will severely limit the future development of mankind. In particular, human activities since the Industrial Revolution have been a major cause of the current global warming, including emissions of carbon dioxide and other greenhouse gases caused by human production and life, land use and urbanization. The article proves that the emergence of alternative energy sources gives positive results in leveling the impact of industrial development on the environment. It is a source of energy for sustainable development and plays a key and important role in global efforts to combat climate change. Its emergence has put more and more companies and industries in the spotlight worldwide. As the global energy market is politically biased, policymakers face increasingly difficult challenges to their countries' energy security. The question of how to integrate renewable energy sources and policies to improve their efficiency was explored, so that each of them can take full advantage of their own benefits to maximize benefits and make people's lives easier. With the growth of renewable energy, the influence of individuals, governments and international organizations, as well as the role played by local, national and intergovernmental policies, are becoming increasingly important. The key principles of China's alternative energy strategy were identified, how to facilitate the development of renewable energy in the right direction and integrate energy into industrial production were identified. It is proposed to further develop this strategy in accordance with the best world experience, taking into account the national interests of China.

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Published
2021-11-23
How to Cite
Redko, K., Kopishynska, K., & Lin, C. (2021). DEVELOPMENT OF CHINA’S ALTERNATIVE ENERGY STRATEGY: PRECONDITIONS AND FORECASTS. Economic Scope, (175), 31-37. https://doi.org/10.32782/2224-6282/175-6
Section
WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS