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Sustainability 2015, 7(5), 6102-6118; doi:10.3390/su7056102

Sustainability Assessment of the Natural Gas Industry in China Using Principal Component Analysis

1
School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China
2
Global Energy Systems, Department of Earth Sciences, Uppsala University, Villavägen 16, SE-751 21 Uppsala, Sweden
*
Author to whom correspondence should be addressed.
Academic Editor: Andrew Kusiak
Received: 12 January 2015 / Revised: 9 May 2015 / Accepted: 12 May 2015 / Published: 19 May 2015
(This article belongs to the Section Energy Sustainability)
View Full-Text   |   Download PDF [855 KB, uploaded 19 May 2015]   |  

Abstract

Under pressure toward carbon emission reduction and air protection, China has accelerated energy restructuring by greatly improving the supply and consumption of natural gas in recent years. However, several issues with the sustainable development of the natural gas industry in China still need in-depth discussion. Therefore, based on the fundamental ideas of sustainable development, industrial development theories and features of the natural gas industry, a sustainable development theory is proposed in this thesis. The theory consists of five parts: resource, market, enterprise, technology and policy. The five parts, which unite for mutual connection and promotion, push the gas industry’s development forward together. Furthermore, based on the theoretical structure, the Natural Gas Industry Sustainability Index in China is established and evaluated via the Principal Component Analysis (PCA) method. Finally, a conclusion is reached: that the sustainability of the natural gas industry in China kept rising from 2008 to 2013, mainly benefiting from increasing supply and demand, the enhancement of enterprise profits, technological innovation, policy support and the optimization and reformation of the gas market. View Full-Text
Keywords: natural gas industry; sustainable development; sustainability assessment; principal component analysis natural gas industry; sustainable development; sustainability assessment; principal component analysis
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Dong, X.; Guo, J.; Höök, M.; Pi, G. Sustainability Assessment of the Natural Gas Industry in China Using Principal Component Analysis. Sustainability 2015, 7, 6102-6118.

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