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The empirical study on energy embodied in goods of Sino-US trade

The huge trade surplus of Sino-US trade is founded on large net exports of embodied energy because of the energy's dual nature which is not only commodity and also factor input. In this paper, energy embodied in goods of Sino-US trade of 2015 is calculated quantitatively based on Input-Output a...

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Bibliographic Details
Published in:IOP conference series. Earth and environmental science 2020-04, Vol.480 (1), p.12014
Main Authors: Liu, Xiaolei, Chu, Chunchao
Format: Article
Language:English
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Summary:The huge trade surplus of Sino-US trade is founded on large net exports of embodied energy because of the energy's dual nature which is not only commodity and also factor input. In this paper, energy embodied in goods of Sino-US trade of 2015 is calculated quantitatively based on Input-Output analysis approach. The results show that the net export of embodied energy was 341.75 million tce (tons of coal equivalent). Due to the scarcity of energy endowments in China, over net export of embodied energy for trading interest is against sustainable development which is one of basic state policies .The author gives some advices based on empirical analysis.
ISSN:1755-1307
1755-1315
DOI:10.1088/1755-1315/480/1/012014