Energy crisis: Europe's responses and lessons for China
This event is co-hosted with China International Capital Corporation Limited (CICC), as part of our High-Level China Series.
2022 has witnessed significant energy supply shock triggered by Russia-Ukraine conflict. The energy crisis is also profoundly affecting the energy transition, macroeconomic and investment trends in Europe. The responses of European countries to the crisis can be an important reference for China to balance economic development, energy supply and carbon reduction goals.
For Europe, facing the end of cheap natural gas era, whether or how should Europe move forward the progress of phasing-out coal and nuclear? How can Europe promote clean energy faster in the midst of energy crisis? Soaring energy prices has prompted governments to put in place measures to shield households and firms and curb the inflation. What are the energy and macroeconomic policy options that the Europe had? How effective are those policy packages rolled out by European countries? For China, facing the pressure of rising global energy prices, how should China balance energy supply and dual carbon targets? How will China’s domestic and foreign investment in fossil and clean energy evolve in the future? What are the implications for China from the relocation of some European industries?
To have an in-depth discuss on these issues, CICC Global Institute and LSE Grantham Research Institute on Climate Change and the Environment will jointly hold this webinar, inviting experts from Europe and China to share their views.
The workshop will include two sessions, with Session 1 focusing on “Policy Responses to the Energy Crisis” and Session 2 on “Energy Transition and Investment in the midst of the Crisis”.
Speakers for the first session:
- Tim Gould, Chief Energy Economist of IEA
- Ben McWilliams, Energy and Climate Consultant at Bruegel
- Dan Shi, Director of the Institute of Industrial Economics, Chinese Academy of Social Sciences
- Changwen Zhao, President of Center for International Knowledge on Development
Chair for the first session: Wensheng Peng, Chief Economist, Head of Research Department and Executive Dean of Global Institute, CICC
Speakers for the second session:
- Danae Kyriakopoulou, Distinguished Policy Fellow, Grantham Research Institute, LSE
- Charlotte Gardes-Landolfini, Climate Change, Energy and Financial Stability Expert at IMF
- Xiansheng Sun, Chairman of the International Society for Energy Transition Studies (ISETS), Former Secretary General of the International Energy Forum (IEF)
- Zhongying Wang, Director General of Energy Research Institute of National Development and Reform Commission
Chair for the second session: Chunping Xie, Senior Policy Fellow, Grantham Research Institute, LSE
If you are interested in joining this event, please register here