Effects and Policy Responses of Energy Tax in China´s Transport Sector

The current increasingly outstanding contradiction between supply and consumption of energy has become an important restrictive factor affecting the development of Chinese economic society. This thesis brings forward a analytical method of tax policy research on sustainable energy for Chinese transport sector. The thesis studies the transportation energy consuming gross, the environmental influence of transportation energy consuming and the medium and long term development of energy price through the confirm of the optimum expected energy-saving target and the tax rates implementation scheme of the energy-saving target. It is found that the energy tax rates for transportation energy consuming will increase from 28% (in 2005) to 40% (in 2011) and then reduce gradually to 33% (in 2020), assuming the optimum energy-saving target to be 5% annually from 2005 to 2020. The gross transportation energy consuming, the relative CO₂ emissions and the tax-inclusive price of crude oil will increase to 321.8 MT, 977.78 MT and 1533.99 USD/T, respectively, in 2020 from 120 MT, 364.57 MT and 611.78 USD/T, respectively, in 2005. The application indicates that the analytical method could get the energy-saving target and tax-rate scheme directly, and guide the design of future finance and tax policy on sustainable energy.