Climate Impact on China’s Residential Electricity Consumption. Does the Level of Income Matter?
EfD Authors:
It is widely accepted that energy use contributes to climate change, but, in turn, climate change can also affect energy demand. Plenty of literature proves the existence of this feedback mechanism, but there is still no consensus on its exact operation. This needs to be studied in detail in China, which is the largest electricity consumer in the world. One particularly interesting question is how the increasing income of China’s residents affects the climate sensitivity of electricity demand.