The relationship among non-fossil energy consumption, economic growth and coal prices in China

With the rapid economic growth, Chinese energy consumption sharply increased in recent years. To get sufficient energy, China has made a lot of efforts to develop non-fossil energy. This paper investigated the relationship among non-fossil energy consumption, economic growth, and coal price by cointegration and impulse respond function. The numerical results show that higher coal price will spur the development of non-fossil energy and has a positive effect on economic growth.