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Recycling carbon tax revenue is a significant part of the design of a nation's carbon tax system. The impact of different recycling principles on the socio-economy and carbon emission reduction varies greatly. Under the background of China's goal of reaching peak carbon emissions, this paper designed three carbon tax recycling principles based on the goal of Nationally Determined Contributions (NDCs), including recycling principles based on output ratio, export ratio, and carbon intensity. A recursively dynamic CGE model was developed in this study to evaluate the economic effects of these three carbon tax recycling principles based on tax neutrality under China's goal of reaching peak carbon emissions. Carbon tax recycling measures could mitigate the economic losses caused by carbon tax, and the results could be greatly affected according to different recycling principles. The results showed that: 1 The recycling principle based on output ratio could reduce economic losses and improve households' social welfare. 2 China's carbon intensity in 2030 could be reduced by more than 65% compared with that in 2005, and the proportion of non-fossil energy in primary energy consumption could reach 25% using the recycling principle based on carbon intensity, but the economic loss mitigation effect of the recycling measures based on this principle was small. 3 Adopting the recycling principle based on export ratio would narrow the competitive gap between China and foreign countries, and the exports of high-carbon-intensity goods would not increase under this principle. 4 According to principles based on output ratio and export ratio, the NDC goal of non-fossil energy accounting for about 25% of primary energy consumption by 2030 could not be achieved, and only the NDC goal of reducing carbon emissions per unit of GDP by more than 65% compared with that of 2005 could be achieved. In brief, as an essential policy tool to achieve China's goal of reaching peak carbon emissions, the carbon tax should be implemented as soon as possible. At the same time, according to China's national conditions, a targeted choice of carbon tax recycling principle is needed. The role of the carbon tax in the process of achieving the goal of Nationally Determined Contributions should be fully utilized. [ABSTRACT FROM AUTHOR]

Copyright of China Population Resources & Environment is the property of Shandong Normal University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of China Population Resources & Environment is the property of Shandong Normal University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of China Population Resources & Environment is the property of Shandong Normal University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The report to the 20th National Congress of the Communist Party of China mentioned that China is facing tightening resource and environmental constraints, environmental pollution, and other issues, and the energy-consuming right trading policy is a key measure to promote green, circular, and low-carbon development in China. Under the dual consideration of ecological benefits and economic benefits, this paper took the pilot launch of energy-consuming trading as a quasi-natural experiment and used panel data from 31 provinces in China from 2009 to 2020 and the different-in-differences method to explore the impact of this policy on the optimization and upgrading of China's industrial structure. The study showed that: (J) The energy-consuming right trading policy could promote the optimization and upgrading of the industrial structure, and the promotion effect on the upgrading of the industrial structure outweighed its adverse impact on the rationalization of the industrial structure, as evidenced by a series of robustness tests. © The mechanism analysis showed that the realization paths of industrial structure upgrading were the upgrading of technological innovation and that of energy consumption structure, and the policy suppressed the adverse impact on the rationalization of industrial structure by improving the input structure and output structure of some industrial sectors. © In addition, the pilot policy of energy-consuming rights had obvious regional heterogeneity for the optimization and upgrading of industrial structure, which significantly promoted the upgrading of industrial structure in the central and western regions and the rationalization of industrial structure in the eastern regions. This study provides some policy references for the optimization and upgrading of industrial structure from the perspective of improving the energy-consuming right trading market. [ABSTRACT FROM AUTHOR]

China has pledged to peak its carbon emissions before 2030 and achieve carbon neutrality before 2060. New energy decarbonization will be a major focus area for achieving the 'dual carbon' goals since it accounts for about 20 percent of China' s total energy consumption. The Xiong' an New Area' s geographical advantages and natural endowments have brought abundant wind and solar energy resources and have huge development potential in the field of new energy development. This paper summarizes the Xiong' an New Area' s resource endowment and achievements in developing new energy, and comprehensively analyzes the opportunities and challenges faced by this area in the process of building a national new energy demonstration zone in the context of achieving the 'dual carbon' goals. It sorts out the new energy development policy of the Xiong' an New Area and its history of new energy development and then points out that the current development of new energy in this area lies in power project construction, power grid construction, green energy consumption, energy storage development, and new energy equipment. This study believes that the Xiong' an New Area will experience three development stages of carbon neutrality: initial carbon neutrality, fluctuating carbon neutrality, and stable carbon neutrality, because this area has carried out green power planning simultaneously in the initial construction stage and has more green power supply. With the expansion of population and economic scale, the rapid increase in energy demand would lead to the decline in green power supply ratio, causing carbon neutrality to fluctuate and change over time. With the population and economic structure in a stable development stage, the proportion of high-value-added and high-tech industries would increase, and energy utilization technologies such as green electricity would make progress, resulting in the arrival of the stable carbon neutrality development stage. On the other hand, from the perspective of carbon sink potential corresponding to carbon sources, the planned proportion of the blue-green space and the construction land in the Xiong' an New Area would keep its carbon sink capacity in a relatively stable state for a long period of time. Therefore, in addition to the value-added of the natural carbon sink system, carbon capture, utilization and storage technologies and other means of artificial carbon sink can be used as adjustment tools under the carbon neutrality system. [ABSTRACT FROM AUTHOR]

To achieve the goal of 'Net-zero Europe' by 2050, the European Union (EU) has set up detailed policies in the fields of energy and climate. This paper summarizes the main characteristics of relevant policies in the EU and UK and their implications for China by reviewing these policies in the achievement of the carbon neutrality goal and other goals in the energy and climate fields. The characteristics of these energy and climate policies include: ① Top-down and bottom-up approaches are adopted to distribute the EU' s overall emission reduction targets to member states in accordance with the principle of fairness, and each member state formulates and adjusts its own goals to ensure the realization of the overall goals. ② Detailed transition plans are formulated for the power, industry, transportation, and building sectors; importance is attached to the application of new and renewable energy technologies such as solar, wind, and hydrogen energy; specific goals are set concerning coal power transition, nuclear energy development, energy efficiency improvement, carbon capture and storage, electrification, and building renovations; and the importance of energy security in transition planning is stressed. ③ A sound and mature emissions trading system and a fair transition mechanism are established to support the realization of the transition goals, and developing countries are helped to reduce emissions through technical dialogues and climate financing. To reach peak carbon emissions and achieve carbon neutrality, China should develop relevant roadmaps at national, sectoral, and provincial levels and strengthen R&D of key decarbonization technologies. At the same time, China should enhance its regulatory regime, and improve the carbon emissions trading system, the green financial system, and the just transition mechanism. [ABSTRACT FROM AUTHOR]

As the world' s largest energy consumer and carbon emitter, China faces a serious situation in energy conservation and emission reduction. However, China' s digital economy is still developing rapidly. In order to explore how the development of the digital economy affects energy consumption and CO2 emissions, this paper took the panel data of 30 provinces in China from 2011 to 2019 as a sample, used the entropy method to analyze the digital economy level of each province, and built a double fixed effect model to empirically analyze the 'positive U-shaped' or 'inverted U-shaped' relationship between the digital economy and energy or between the digital economy and CO2 emissions. The results showed that: (1) There were inter-provincial and regional differences in the level of digital economy in China. Guangdong Province and China' s eastern region had the highest level of digital economy, while Qinghai Province and the western region had the lowest level of digital economy. (2) Both the digital economy and ECSC and the digital economy and CESC had significant ' positive U-shaped' relationships, while the digital economy and ECST, the digital economy and ECEF, and the digital economy and CEEF all had significant 'inverted U-shaped' relationships. The energy-saving effect of the development of the digital economy was greater than the carbon emission reduction effect. (3) There was heterogeneity in the nonlinear relationship between the digital economy and ECSC, ECST, and ECEF, the digital economy and CESC, and CEEF in the eastern, central, western, and northeastern regions. (4) Digital infrastructure, digital innovation environment, digital user scale, and digital industry scale had different nonlinear effects on ECSC, ECST, and ECEF, as well as on CESC and CEEF. Accordingly, to provide empirical support and a theoretical basis for China's development of the digital economy while taking into account the effects of energy conservation and carbon emission reduction, this study puts forward relevant policy suggestions from three aspects: narrowing the gap in the level of digital economy, formulating digital economy development policies, and focusing on key points for the development of the digital economy. These suggestions are also conducive to boosting China's goals of reaching peak carbon emissions and achieving carbon neutrality. [ABSTRACT FROM AUTHOR]