Zhongshu Li

Princeton University | PU · Woodrow Wilson School of International and Public Affairs

China is now one of the world’s largest financiers and investors in the global electric power sector. While a number of important qualitative analyses have examined the determinants of Chinese energy finance, this paper deploys new data to perform the first econometric analysis to examine the determinants of Chinese overseas financing for electric...

Power sector decarbonization requires a fundamental redirection of global finance from fossil fuel infrastructure towards low carbon technologies. Bilateral finance plays an important role in the global energy transition to non-fossil energy, but an understanding of its impact is limited. Here, for the first time, we compare the influence of overse...

China is now one of the world’s largest financiers and investors in the global electric power sector, and has made major inroads into global coal and hydropower electricity markets in developing countries. Drawing on and analyzing two new datasets, this paper is among the first to perform an econometric analysis to examine the determinants of Chine...

We analyze the spatial and technological distribution of China's overseas electric power investments around the world, and the pollution intensity of Chinese coal fired power plants relative to those held by non-Chinese entities. We find that Chinese firms hold approximately $115 billion USD in electric power assets globally, with an average of 73%...

This paper compares the global flows of Chinese overseas investment in power plants with renewable energy investment potential embodied in “Nationally Determined Contributions.” With over US$1tn (671 GW) in Nationally Determined Contributions renewable energy investment potential in developing countries, we estimate the total level of power plant i...

Global financial investments in energy production and consumption are significant since all aspects of a country’s economic activity and development require energy resources. In this paper, we assess the investment trends in the global energy sector during, before, and after the financial crisis of 2008 using two data sources: (1) The Dealogic data...

Global financial investments in energy production and consumption are significant since all aspects of a country's economic activity, and development require energy resources. In this paper, we assess the investment trends in the global energy sector during, before and after financial crises of 2008 using two data sources: (1) Dealogic database pro...

Black carbon (BC) aerosol strongly absorbs solar radiation, which warms climate. However, accurate estimation of BC’s climate effect is limited by the uncertainties of its spatiotemporal distribution, especially over remote oceanic areas. The HIAPER Pole-to-Pole Observation (HIPPO) program from 2009 to 2011 intercepted multiple snapshots of BC prof...