A Study on the Development Path of China's Low-Carbon Economy under the Global Climate Change

Global warming has been a serious threat to the sustainable development of human society. Reducing the large-scale emissions of greenhouse gases in the process of economic development and developing low-carbon economy have become necessary requirements for the national economic and social sustainable development. In this paper, combining the status quo of China's economic development with the example of a city in northern China, the pathway of low-carbon economy development and the feasibility of its implementation were discussed. The analytical results show that there is a great difference in cost-benefit aspects in industries with different low-carbon paths for the economic development. That is to say, the Development of China's Low-Carbon Economy cannot be achieved by the market mechanism alone, which needs the government to support in full force.