China's technological catch-up industrial development strategy is leading to lower energy use and less CO2 emissions in several of China's energy intensive industries. While this strategy has saved substantial amounts of energy and CO2, it is not yet sufficient to cap and reduce China's CO2 emissions.

Chapter 1: Introduction ; Chapter 2: Conceptual framework ; Chapter 3: China's Industrial and Technology Policies ; Chapter 4: Breaking the link between production and CO2 emissions in cement (with Professor Cui Yuansheng) ; Chapter 5: Saving energy and CO2 in iron and steel (with Kejun Jiang) ; Chapter 6: Modernizing the aluminum industry (with Professor Wang Yanjia) ; Chapter 7: Technological change in pulp and paper (with Yun Song) ; Chapter 8: Determinants of energy intensity (with Professor Karen Fisher-Vanden, Yong Hu, and Professor Gary Jefferson) ; Chapter 9: China's technological catch up industrial development strategy in comparative perspective ; Chapter 10: Conclusions

"Comprehensive, innovative, thought-provoking analysis of the world's largest carbon emitter. Exceptionally well-researched and accessible to specialists and generalists alike, this book should be on the desk of anyone seriously concerned about climate and energy policies." Richard Morgenstern, Senior Fellow, Resources for the Future "China is the largest consumer and producer of energy in the world, and in China's Technological Catch-up Strategy, Michael Rock and Michael Toman give us an in-depth look at the energy policies, company strategies and their effects on pollution and technology acquisition in the Chinese industries of Cement, Iron & Steel, Aluminum and Paper. A fascinating read for those interested in peering into the black box of Chinese industrial operations." Usha C. V. Haley, co-author, Subsidies to Chinese Industry: State Capitalism, Business Strategy, and Trade Policy

Selling point: Develops detailed enterprise case studies of technological learning and its impact on CO2 emissions Selling point: Presents estimates of energy and CO2 savings by specific intervention in 4 energy intensive industries: aluminum, cement, iron and steel, and pulp and paper Selling point: Ties conclusions to China's broader industrial development plan, especially the

Michael T. Rock is the Samuel and Etta Wexler Professor of Economic History at Bryn Mawr College. He received his PhD. in economics from the University of Pittsburgh. Rock's published research focuses on East and Southeast Asia where he writes about the environment and economic development, industrial policy and development, and democracy and economic growth. His work has appeared in numerous academic journals. His research has been funded by Resources for the Future; the World Bank; the Ministry of the Economy, Trade, and Industry in Japan; the U.S. National Science Foundation; the MacArthur Foundation; the Asian Development Bank; and the United Nations Industrial Development Organization. He has taught economics and lived in both Thailand and Vietnam. Michael A. Toman is Lead Economist in the World Bank Development Research Group and Manager of the Energy and Environment Team. Throughout his career, Mike has done extensive research on climate change economics and policy, energy markets and policy, environmental policy instruments, and approaches to achieving sustainable development. Prior to joining the World Bank in fall 2008, he held senior analytical and management positions at RAND Corporation, Inter-American Development Bank, and Resources for the Future. His teaching experience has included adjunct positions at the Johns Hopkins School of Advanced International Studies as well as the School of the Environment at University of California-Santa Barbara. He has a B.A. from Indiana University, a M.Sc. in applied mathematics from Brown University, and M.A. and Ph.D. degrees in economics from the University of Rochester.

Selling point: Develops detailed enterprise case studies of technological learning and its impact on CO2 emissions Selling point: Presents estimates of energy and CO2 savings by specific intervention in 4 energy intensive industries: aluminum, cement, iron and steel, and pulp and paper Selling point: Ties conclusions to China's broader industrial development plan, especially the "grasp the large, let go the small" strategy Selling point: Evaluates research conclusions with empirically-rigorous econometric tests