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The power sector is one of the major CO2-emitting industries in China. It is also the first key emissions control industry included in China's national carbon trading market established in 2021. Therefore, based on the data of 30 provinces and cities in China from 2015 to 2022, this study analyzes the impact of the national carbon market policy on the carbon emissions of the power industry based on the generalized Difference-in-Difference (DID) model. Based on the method of text analysis, this paper constructs the carbon market policy intensity index of each region and incorporates it into the DID model. Empirical analysis finds that the national carbon market policy can significantly inhibit the carbon emissions of the power industry. However, the heterogeneity analysis of 30 provinces and cities shows that the national carbon market policy has a significant impact on the regions that already have a carbon pilot, but not on the non-pilot regions. Therefore, this paper demonstrates the effectiveness of the national carbon market policy in the power industry emissions control, and also exposes the heterogeneity between regions, providing an important empirical basis for the inclusion of other energy-intensive industries. [ABSTRACT FROM AUTHOR]

The process of carbon neutrality does have economic costs; however, few studies have measured the cost and the economic neutral opportunities. This paper uses a dynamic computable general equilibrium (CGE) model to simulate China's carbon neutrality path from 2020 to 2060 and analyzes its economic impact. This paper innovatively adjusts the CGE modeling technology and simulates the boundary of the Porter hypothesis on the premise of economic neutrality. The results show that the carbon neutrality target may reduce the annual GDP growth rate by about 0.8% in 2020–2060. To make the carbon pricing method under the carbon neutrality framework meet the strong version of the Porter hypothesis (or economic neutrality), China must increase its annual total factor productivity by 0.56–0.57% in 2020–2060; this is hard to achieve. In addition, the study finds that China's 2030 carbon target has little impact on the economy, but the achievement of the 2060 carbon neutrality target will have a significant effect. Therefore, the paper believes that the key to carbon neutrality lies in the coexistence of technological innovation and carbon pricing to ensure that we can cope with global warming with the lowest cost and resistance. [ABSTRACT FROM AUTHOR]

Through extensive data research and analysis, this paper comprehensively summarizes the status and key insights of global carbon dioxide capture and storage (CCS) development. It aims to gain a comprehensive understanding of the relevant policies, technologies, and security measures adopted by major countries in their CCS development processes. Furthermore, it explores the existing status and limitations of China's offshore development efforts, while providing valuable recommendations for enhancing China's offshore CCS initiatives, as well as serving as a reference for other nations worldwide. Offshore CCS plays a crucial role for China to achieve the development target of carbon peak and carbon neutrality, due to its energy structure and industrial distribution. While China possesses significant offshore CCS potential, achieving commercialization still requires substantial efforts. To facilitate the process and draw insights from successful experiences in other countries, this paper illustrates the characteristics and generalizes the experience of offshore CCS industry practices in America, Europe and Japan, respectively. Furthermore, it is recommended that a new round of investigation into offshore CCS potential be conducted, while promoting integrated collaboration between geological surveying and marine scientific research. Additionally, further research on industrial policies and green financial strategies should be undertaken. [ABSTRACT FROM AUTHOR]

In order to achieve the ambitious goal of "carbon neutrality", countries around the world are striving to develop clean energy. Against this background, this paper takes China and Italy as representatives of developing and developed countries to summarize the energy structure composition and development overview of the two countries. The paper analyzes the serious challenges facing the future energy development of both countries and investigates the possibilities of energy cooperation between the two countries, taking into account their respective advantages in energy development. By comparing the policies issued by the two governments to encourage clean energy development, this paper analyzes the severe challenges faced by the two countries' energy development in the future and combines their respective energy development advantages to look forward to the possibility of energy cooperation between the two countries in the future. This lays the foundation for China and Italy to build an "Energy Road" after the "Silk Road". [ABSTRACT FROM AUTHOR]

With a significant share of renewable power generation integrated into the power supply, it is crucial to timely adjust the regulating peak load for coal-fired power plants equipped with CO2 capture to ensure the stable operation of the multi-energy supply system. In this paper, the effects of varying boiler loads on the techno-economic performance of the retrofitted power plant were studied. Furthermore, the potential for reducing the cost of CO2 capture was investigated, and early opportunities for demonstration were discussed. Results showed that when the boiler load decreased from 100% turbine heat acceptance condition to 50% turbine heat acceptance condition, the cost of CO2 capture increased from 37.0 $/t CO2 to 57.0 $/t CO2, cost contribution of energy penalty and extra capital investment also increased from 20.6 $/t-CO2 to 25.7 $/t-CO2, and from 16.4 $/t-CO2 to 31.3 $/t-CO2, respectively. Furthermore, by improving separation efficiency from 0.15 to 0.5, a 25% to 30% reduction in CO2 capture cost can be achieved. The cost of CO2 capture could decrease by 42.2–50.5% when the cumulative capacity reaches 250 GW under the high investment learning rate scenario. According to the distribution of coal prices and renewable energy sources in China, the early demonstration projects of multi-energy supply systems should prioritize the northern region. The results of this work can provide informative references for making roadmaps and policies for CO2 emission reduction toward carbon neutrality. [ABSTRACT FROM AUTHOR]

As a raw material for clean energy supply for the new generation, the soybean is conducive to the realization of global energy transition and sustainable development in the context of "carbon neutrality". However, global warming has been affecting soybean yields in recent years. How to clarify the correlation between meteorological factors and soybean yields, so as to ensure the security of soybean growth and development and the stability of renewable energy development, is a key concern of the government and academia. Based on the data of temperature, precipitation, sunshine duration and active accumulated temperature during the soybean growing season in Hulunbuir, Inner Mongolia Autonomous Region from 1951 to 2019, and soybean yield data of the city from 1985 to 2019, this paper adopted statistical methods such as the Trend Analysis Method, the Rescaled Range Analysis Method and so on to analyze the trends of yield changes, characteristics of abrupt changes and periodic patterns of climate factors and soybean yields in Hulunbuir. A Pearson Correlation Analysis and a Grey Relation Analysis were used to explore the correlation between climatic factors and soybean yields, followed by a comprehensive impact model of the combined effect of temperature and precipitation on soybean yields established by the Method of Integral Regression. The results showed that temperature and active accumulated temperature are the dominant factors affecting soybean yields in Hulunbuir, while the decrease in precipitation is unfavorable to the improvement of soybean yields. Meanwhile, temperature and precipitation have different effects on the growth and development of the soybean at different stages. The conclusion of this paper is of great practical significance for Hulunbuir to promote the sustainable development of clean energy. [ABSTRACT FROM AUTHOR]

In pursuit of China's goals for carbon peak and carbon neutrality, wind turbines are continually evolving to achieve a lower levelized cost of energy. The primary technological focus in the wind power industry is on large-scale, lightweight designs for entire turbines to enhance cost competitiveness. However, this advancement has led to an increased risk of blade fractures under extreme operating conditions. This paper addresses this challenging issue by using geometrically exact beam theory to develop a nonlinear simulation model for long, flexible blades. The model accounts for sudden changes in blade properties at the moment of failure, covering both the extensive motions and deformations of the fractured blade. The validation of the proposed model is carried out by comparing the results from power production cases with bladed simulations and further validating the simulations of blade fracture load cases against measurement data. The methodologies and findings presented in this study offer valuable insights for diagnosing faults in wind turbines. [ABSTRACT FROM AUTHOR]

Climate anomalies are affecting the world. How to reduce carbon emissions has become an important issue for governments and academics. Although previous researchers have discussed the factors of carbon emission reduction from environmental regulation, economic development, and industrial structure, limited studies have explored the carbon emission reduction effect of a city's spatial structure. Based on 108 Chinese cities from the Yangtze River Economic Belt between 2003 and 2017, this paper examines the impact of the city cluster policy on city carbon emissions using the difference-in-differences (DID) method. We find that: (1) The city cluster policy has significantly reduced the cities' carbon emissions by 7.4%. Furthermore, after a series of robust and endogenous tests, such as parallel trend and PSM-DID, the core conclusion still remains. (2) We further identify possible economic channels through this effect, and find that city cluster policy would increase city productivity, city technological innovation, and industrial structure optimization. The conclusions of this paper have important practical significance for China to achieve carbon neutrality and facilitate future deep decarbonization. [ABSTRACT FROM AUTHOR]

The launch of the national carbon emissions trading (CET) market has resulted in a closer relationship between China's CET market and its electricity market, making it easy for risks to transfer between markets. This paper utilizes data from China's CET market and electric power companies between 2017 and 2023 to construct the spillover index model of Diebold and Yilmaz, the frequency-domain spillover approach developed by Barun'ik and Křehl'ik, and a minimum spanning tree model. The comparison is made before and after the launch of the national CET market. Subsequently, this paper examines the market spillover effects, as well as the static and dynamic properties of network structures, considering both the time domain and frequency-domain perspectives. The research findings suggest the following: (1) There is a strong risk spillover effect between China's CET market and the stock prices of electric power companies; (2) There is asymmetry in the paired spillover effects between carbon trading pilot markets and the national CET market, and differences exist in the impact of risk spillovers from power companies between the two; (3) The results of the MST model indicate that the risk contagion efficiency is higher in the regional CET pilot stage compared to the national CET market launch stage, with significant changes occurring in key nodes before and after the launch of the national CET market; (4) Both the dynamic spillover index and the standardized tree length results demonstrate that crisis events can worsen the risk contagion between markets. Besides offering a theoretical foundation and empirical evidence for the development of China's CET and electricity markets, the findings of this paper can provide recommendations for financial market participants as well. [ABSTRACT FROM AUTHOR]

Carbon peaking and carbon neutrality goals have proposed by many countries, including China. Meanwhile, China has also proposed the construction of a new-type electric power system with new energy as the main body, which will have great impacts on coal-fired power generation enterprises. The transformation of coal-fired power enterprises is imperative, and the evaluation of the organizational performance of coal-fired power enterprises is urgent, which can accurately determine the development status and even can find issues related to the transformation of coal-fired power enterprises. In this paper, a hybrid evaluation model is proposed based on the Variational Auto-Encoder algorithm and fuzzy comprehensive evaluation method improved by a vague set to comprehensively evaluate the organizational performance of coal-fired power enterprises. Eight coal-fired power enterprises in North China are selected for empirical analysis. The results show that the YC coal-fired power enterprise has the best organizational performance, while the NK coal-fired power enterprise has the worst organizational performance. Moreover, sensitivity and comparative analyses are carried out to verify the robustness of the evaluation result using the proposed hybrid method in this paper. This paper focuses on the organizational performance evaluation of coal-fired power enterprises, which can provide a reference for the smooth transformation and sustainable development of coal-fired power enterprises in the context of "Dual-Carbon" goals. [ABSTRACT FROM AUTHOR]

With the proposal of China's "carbon peak, carbon neutral" strategy, the increasing awareness of low carbon production among consumers, and the government's introduction of carbon trading mechanism and low carbon consumption subsidy policies, enterprises are facing good opportunities for development. However, how the government can reasonably formulate low carbon policies and how enterprises can implement optimal low-carbon production decisions are still key issues in China's low-carbon transition development. In this context, this paper is based on the carbon trading mechanism and carbon consumption subsidies. In this context, based on the carbon trading mechanism, this paper focuses on green production and green consumption, considers the impact of low-carbon consumer preferences and government subsidies on enterprises' low-carbon production decisions, and uses the optimal theory to study the optimal pricing strategy and the optimal carbon reduction strategy. The study shows that the increase in carbon price has a positive effect on the increase in enterprise profit; the increase of carbon emission has a negative effect on the increase of enterprise profit and the high carbon price will intensify this effect. In addition, changing the intensity of government subsidies to consumers will lead to the change of enterprise carbon emission strategy. The study of this paper provides a certain reference for the government to reasonably formulate carbon trading prices and consumer low-carbon subsidies. In addition, considering consumer low-carbon preferences is also conducive to promoting green production practices of enterprises, thus promoting the realization of the carbon neutral strategy. [ABSTRACT FROM AUTHOR]

With the promotion of carbon peaking and carbon neutrality goals and the construction of renewable-dominated electric power systems, renewable energy will become the main power source of power systems in China. Therefore, ensuring frequency stability and system security will emerge as pivotal challenges in the future development process. Created by combining a Li-ion battery and a supercapacitor, a hybrid energy storage system (HESS), which possesses robust power regulation capabilities and rapid response capabilities, holds promise for supporting the frequency stability of power systems. In this context, the assessment of the economic viability of HESSs providing multitype frequency response services becomes a critical factor in their deployment and promotion. In this paper, an economic analysis approach for a Li-ion battery–supercapacitor HESS towards a multitype frequency response is presented. First, a multitype frequency response-oriented operational mode for the HESS is designed, outlining the roles and functions of the Li-ion battery and the supercapacitor in delivering distinct services. Moreover, building upon the analysis of the power trajectory of Li-ion batteries, a lifetime model for the HESS is proposed based on the rain-flow counting method. Furthermore, considering the competitive landscape for the HESS in the frequency regulation ancillary service market, a full lifecycle economic assessment model is proposed. Finally, case studies on actual power system frequency data and PJM market data are performed to verify the effectiveness of the proposed method, and the simulation results confirm that the HESS exhibits robust performance and a competitive advantage in providing multitype frequency response services. Additionally, it demonstrates commendable economic benefits, establishing its potential as a valuable contributor to frequency response services. [ABSTRACT FROM AUTHOR]

In light of the carbon neutrality goals set post-Paris Climate Conference (COP21), this study delves into the relationship between green technology innovations, energy consumption, and CO2 emissions in China, spanning the period of 1990 to 2021. The objective of this paper is to creatively present the idea of a low-carbon digital economy from the viewpoint of digital technology. Utilizing the Stochastic Impacts by Regression on Population, Affluence, and Technology (STIRPAT) model, we scrutinize this relationship, employing unit-root testing to verify the integrative attributes of the variables, inclusive of structural break data. Further analysis using the bootstrap Autoregressive Distributed Lag (ARDL) bound testing method corroborates the relationship between these key variables. The study reveals unidirectional co-integration over time among green technology innovations, renewable and non-renewable energy, per capita income, population, and CO2 emissions as per the Granger causality test. Interestingly, our findings suggest that while green technology innovation, per capita income, and renewable energy contribute to the reduction of CO2 emissions, non-renewable energy consumption and population growth exacerbate them. These insights offer valuable guidance for policymakers in formulating comprehensive strategies to enhance environmental quality through the promotion of renewable energy and green technology innovations, with a specific emphasis on the Chinese context. [ABSTRACT FROM AUTHOR]

Photovoltaic power generation (PV) has significantly grown in recent years and it is perceived as one of the key strategies to reach carbon neutrality. Due to a low power density, PV requires much space, which may limit PV expansion in the future. Placing PV on water has therefore become an interesting alternative siting solution in several countries. China has the largest fleet of water floating photovoltaic power stations. Water-based PV is typically installed on inland shores, but now offshore areas may become the next step of development. In this paper, the background of offshore photovoltaic power generation and an analysis of existing offshore photovoltaic systems is presented. Fixed pile-based photovoltaic systems are stationary PV systems in offshore or tidal areas characterized by higher safety, but also a higher initial investment. Wave-proof PV systems are highly modular, easier to install, and more practical in countries with high population density and less available land. Floating platform photovoltaic systems are built on a floating platform with a floating body and frame structure. The photovoltaic module is installed on the floating platform at a certain height, which can avoid the direct action of waves. Floating thin-film PV is one of the most recently developed water-based PV systems. It has a reinforced film that can fluctuate with the waves, adapting to the wave and wind load. This paper finally discusses the challenges encountered by offshore PV and presents future prospects. [ABSTRACT FROM AUTHOR]

In recent years, China has proposed the goal of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060, which will significantly alter its existing coal-based energy mix. Since coal is China's primary source of energy and the largest contributor to carbon emissions, coal reduction is an important measure toward carbon neutrality. In order to guarantee the stable development of economy and society in the process of coal reduction, the path and cost of coal reduction need to be studied in depth. Based on coal use in China, this paper examines and measures the stages and costs of coal reduction. It also gives a definition for coal reduction costs for the first time, including economic cost, environment and ecology cost, and health cost, as well as proposes a framework for analyzing the "full cost, full process, and full scenario". We measure the cost in combination with the KAYA formula, and take into account the time value of the cost. Based on the above measurement framework, we calculate the unit coal reduction cost and estimate the coal reduction cost between CNY 454.38 and 827.1 billion. [ABSTRACT FROM AUTHOR]

The carbon emissions of sectors and households enabled by primary inputs have practical significance in reality. Considering the mutual effect between the industrial sector and the household, this paper firstly constructed an environmentally extended semi-closed Ghosh input–output model with an endogenized household sector to analyze the relationship between carbon emissions and the Chinese economy from the supply-side perspective. The structural decomposition analysis and the hypothetical extraction method were remodified to identify the supply-side driving effects of the changes in carbon emissions and investigate the net carbon linkage. The results show that the electricity, gas, and water supply sector was the key sector with the highest carbon emission intensity enabled by primary inputs. The household sector had an above 93% indirect effect of the enabled intensity, with its enabled intensity dropping significantly by more than 55% from 2007 to 2017. The operating surplus and mixed income caused 3214.67 Gt (34.17%) of the enabled emissions in 2017. The supply-side economic activity, measured by the value added per capita, was the main factor of the carbon emission growth, mainly attributed to the development of the manufacturing sector and the electricity, gas, and water supply sector. The emission intensity and allocation structure both brought a decrease in carbon emissions. The electricity, gas, and water supply sector and the manufacturing sector were the major sources of the supply-induced cross-sectoral input emissions, while the commercial and service sector and the household sector were the top source of supply-induced cross-sectoral output emissions. This paper sheds light on the policies of the carbon emission abatement and the adjustment of the allocation structure from the perspective of supply. [ABSTRACT FROM AUTHOR]

Since the construction industry is one of China's high carbon emission industries, to achieve China's carbon neutrality target by 2060, CO2 emissions in cold regions must be reduced. At the same time, forests have excellent carbon sequestration abilities, so this paper takes residential buildings in severely cold regions as the object of carbon emission reduction research. A model of a two-story building in Changchun was constructed, and the life-cycle carbon emissions of reinforced concrete and wood structures were measured using the life-cycle evaluation method as the basis for calculation and simulation with DesignBuilderVer.7 software. The results show that the life-cycle carbon emission of a wood structure house is 61.46 t less than that of a reinforced concrete house, and the life-cycle carbon emission reduction rate of a wood structure house is 43.39%. Based on the data, it has been proven that wooden structures effectively reduce carbon dioxide emissions during the building life cycle while enhancing building performance, given the same structural conditions. [ABSTRACT FROM AUTHOR]

In order to achieve the goal of carbon peaking and carbon neutralization, we must vigorously develop renewable energy. As one of the important renewable energy sources, the development and utilization of biomass energy has a high cost, and it is difficult to compete with traditional fossil energy in the early stage of development. Therefore, it is necessary for the government to escort the development of the biomass energy industry through legal means. First of all, on the basis of fully analyzing the development prospects of China's biomass energy, the article sorts out the laws and regulations related to biomass energy in China, and finds the shortcomings. Secondly, this paper draws on the institutional experience of the United States, Brazil, Sweden and other countries with relatively developed biomass energy industry, and provides suggestions for improvement from three aspects: law, policy and administrative system, with a view to supporting China's development of biomass energy industry and realizing the "dual carbon target" theoretically. [ABSTRACT FROM AUTHOR]

Retrofitting buildings to achieve improved levels of energy performance is a key strategy in the transition to a low-/net zero carbon future. In China, there has been an enormous growth in residential construction in recent decades in response to the country's economic development and population growth. However, although these buildings are structurally solid and have long functional life spans, most have very poor thermal performance. Therefore, they would be very suitable for energy retrofitting. Because of the variety of retrofitting options, it is important to review the retrofit measures, regulations and possible outcomes to find effective, long-term solutions that strike a balance between the energy saved, the carbon emitted and the financial costs over a building's lifetime. This paper reviews suitable retrofit measures for the hot summer–cold winter region of China, because this is an area with huge numbers of residential buildings that are suitable for energy retrofitting. The study explores the current conditions of targeted residential buildings, retrofit schemes, building regulations, and policy gaps towards achieving China's 2060 carbon neutrality goal. The review indicates that current mandatory building energy regulations in this region are not ambitious enough to achieve a significantly lower carbon future, and one-step deep Passivhaus retrofit schemes are recommended to achieve decarbonization goals. [ABSTRACT FROM AUTHOR]

This paper explores the effect of carbon trading on low-carbon transformation of high energy consumption enterprises in China. Based on the mechanism of interaction and restriction among high energy consumption enterprises, carbon verification agencies and the government, a tripartite evolutionary game model is constructed. The three-dimensional dynamic system is built to analyze the behavior patterns of the three parties. The evolution path of the tripartite game is visualized, and the low-carbon transformation states of high energy consumption enterprises in different situations are described. The results show that the high energy consumption enterprises, verification organization and the government cannot reach the optimal game equilibrium (low-carbon transformation, verification and supervision) temporarily when seeking their own interests. The corresponding measures should be taken with different situations of the tripartite game. No matter what strategy the government chooses, the low-carbon transformation could be promoted by carbon trading through carbon verification mechanism. [ABSTRACT FROM AUTHOR]

With the promotion of carbon peaking and carbon neutrality goals and the construction of renewable-dominated electric power systems, renewable energy will become the main power source of power systems in China. How to ensure the accommodation of renewable energy will also be the core issue in the future development process of renewable-dominated electric power systems. In this context, shared energy storage (SES), a novel business model combined with energy storage technologies and the sharing economy, has the potential to play an important role in renewable energy accommodation scenarios. This paper systematically organizes the application prospect, development status and key technologies of SES in the renewable energy accommodation scenario in the context of China, providing helpful references for the promotion of the business model. Firstly, a typical SES framework for renewable energy accommodation is described, and three basic forms of SES in this scenario are presented. Moreover, the application prospect of SES in the renewable energy accommodation scenario is quantitatively analyzed based on the renewable energy generation planning under the carbon peaking goal and the current guarantee mechanism of renewable energy accommodation. Furthermore, the rules for energy storage systems that provide the peak-regulation ancillary service in typical regions and provincial administrative regions in China are summarized, and the development status of SES in the renewable energy accommodation scenario is analyzed, combined with the actual market data. Finally, the key technologies to promote the further development of SES for renewable energy accommodation are presented. [ABSTRACT FROM AUTHOR]

Enhancing carbon emission mitigation and carbon utilization have become necessary for the world to respond to climate change caused by the increase of greenhouse gas concentrations. As a result, carbon capture, utilization, and storage (CCUS) technologies have attracted considerable attention worldwide, especially in China, which plans to achieve a carbon peak before 2030 and carbon neutrality before 2060. This paper proposed six priorities for China, the current world's largest carbon emitter, to achieve its dual carbon strategy in the green energy transition process. We analyzed and summarized the challenges and potentialities of conventional carbon utilization (CU), carbon capture utilization (CCU), and CCUS. Based on the current development trend, carbon dioxide capture, circular utilization, and storage (CCCUS) technology that integrates carbon circular utilization and partial sequestration, with large-scale underground energy storage were proposed, namely biomethanation. Technically and economically, biomethanation was believed to have an essential contribution to China's renewable energy utilization and storage, as well as the carbon circular economy. The preliminary investigation reveals significant potential, with a corresponding carbon storage capacity of 5.94 × 108 t~7.98 × 108 t and energy storage of 3.29 × 1012 kWh~4.42 × 1012 kWh. Therefore, we believe that in addition to vigorously developing classical CCUS technology, technical research and pilot projects of CCCUS technology that combined large-scale underground energy storage also need to be carried out to complete the technical reserve and the dual-carbon target. [ABSTRACT FROM AUTHOR]

Against the backdrop of China's carbon emission reduction targets and the promotion of the construction of a unified domestic market, what kind of carbon emission effect has market integration had in weakening regional barriers and optimizing resource allocation? This paper adopts a two-way fixed effects analysis based on China's provincial panel data from 2003 to 2019. It uses a mediation model to explore the relationship between market integration and carbon emissions. Furthermore, industrial rationalization and upgrade are the basis for examining whether a competitive or cooperative relationship exists between the carbon emission effects generated and promoting market integration between regions. The study finds a negative relationship between market integration and carbon emissions. In addition, there is significant heterogeneity in the effect of market integration on carbon emissions, and the influence effect is mainly in central China; industrial rationalization can play an enhanced role in the process of the negative impact of market integration on carbon emissions, further enhancing the negative contribution of market integration to carbon emissions. However, market integration can weaken its negative impact on carbon emissions with the industrial upgrade, and there may still be invisible barriers between regions in promoting market integration barriers. [ABSTRACT FROM AUTHOR]

In response to global climate change, China has committed to peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, commonly known as the "30–60 Dual Carbon". Under the background of "30–60 Dual Carbon", this article takes the electric power industry, which is the main industry contributing to China's carbon emission, as the research object, explores the time and peak value of the carbon peak of the electric power industry, and analyzes whether carbon neutrality can be realized under the peak method, so as to get the carbon neutrality path of the electric power industry and serve as the theoretical basis for the formulation of relevant policies. The Environmental Kuznets Curve inspection and the relationship analysis are carried out, then the system dynamics model is constructed, the carbon emissions from 2020 to 2040 are simulated, and the peak time is predicted. Three different scenarios are set to explore the path of electricity carbon neutralization under the premise of a fixed peak. It is shown that Gross Domestic Product per capita index factors have the largest positive contribution, and thermal power share index factors have the largest negative contribution to electricity carbon emissions. Based on the current efforts of the new policy, carbon emissions can achieve the peak carbon emissions' target before 2030, and it is expected to peak in 2029, with a peak range of about 4.95 billion tons. After the power industry peaks in 2029, i.e., Scenario 3, from coal 44%, gas 9% (2029) to coal 15%, gas 7% (2060), where the CCUS technology is widely used, this scenario can achieve carbon neutrality in electricity by 2060. Adjusting the power supply structure, strictly controlling the proportion of thermal power, optimizing the industrial structure, and popularization of carbon capture, utilization, and storage technology will all contribute to the "dual carbon" target of the power sector. [ABSTRACT FROM AUTHOR]

LVDC buildings use a low-voltage direct current (LVDC) distribution system for energy transmission and integrate photovoltaic (PV), battery energy storage (BES) and the utility grid as building energy resources. This technology can reduce energy loss in conversion to a certain extent and increase renewable energy compared with traditional AC distribution systems. Under the national goal of carbon peaking and carbon neutrality, LVDC buildings have been proven to be a new approach to energy conservation and emission reductions, and have been applied in engineering in China. However, the construction methods and integrated technologies of those projects are not clear, and technical barriers and policy constraints for the engineering application of LVDC buildings are not systematically discussed yet. This paper presents the latest study of LVDC building engineering applications the advantages and drawbacks of LVDC development in China. First, relevant policies and standards which support the development of LVDC building industries are summarized. More than 60 practical LVDC projects are investigated, and the application characteristics and the technology status of building types, and their capacity and design methods, etc., are analyzed. The attitudes of stakeholders toward LVDC buildings are surveyed to determine the policy direction according to the demands of this technology, with reference to building practitioners who intend to engage in LVDC projects. [ABSTRACT FROM AUTHOR]

The current legal and policy system of renewable energy in China has set up a framework of policy instruments, which provides an important foundation for dealing with climate change and promoting the healthy development of the renewable energy industry with the goal of "carbon neutrality" and "emission peak". However, the current policy instruments cannot meet the needs for rapid development of the renewable energy industry. This paper investigates, analyzes, and concludes the status of renewable energy development along with related policy instruments in different renewable energy sources by literature and points out the problems of current policy instruments, and puts forward corresponding countermeasures. Moreover, from the perspective of energy consumption market transformation, the authors carried out an analysis of China's challenges of policy instruments, pointing out that China's renewable energy policy instruments have the potential to take one step further in the areas of the regulatory system, legal system and legal security system. [ABSTRACT FROM AUTHOR]

From a global perspective, carbon emissions are a global problem that needs to be solved urgently. At present, 61% of countries have committed to achieving net zero emissions. Compared with industry and construction, the transportation sector has become the focus and challenge for countries to achieve carbon neutrality due to the characteristics of strong mobility, scattered emission sources, and complex social behaviors. Therefore, the issue of carbon emissions in the transportation industry has become the focus of academic attention. This paper first calculates the carbon emission efficiency (CEE) of the regional transportation industry through the super-efficiency SBM model and then evaluates its regional differentiation characteristics through the Theil index, which has important practical significance for reducing regional carbon emissions. The results show that the national transportation CEE average value is 0.612, a relatively low level. The spatial distribution of China's transportation CEE shows an obvious characteristic of "east highest and west lowest". The regional differences in the transportation industry CEE are larger than those between regions. The differences in the transportation industry CEE among the eastern, central, and western regions are on the downward trend as a whole, and intra-regional differences are greater than inter-regional. The intra-regional differences cause the overall differences in transportation industry CEE; the eastern region contributed the most to the Theil index, while the central contributed the least. The biggest factor affecting the transportation industry CEE is the regional energy structure, and the smallest factor is the per capita GDP. This research has important reference significance on the target of carbon neutrality. [ABSTRACT FROM AUTHOR]

China's green credit has mostly been invested in new energy areas with positive environmental externalities in recent years, while coal power enterprises have been neglected. This paper constructs a tripartite evolutionary game model among government, coal power enterprises, and banks to clarify the key factors and mechanisms for coal power enterprises undergoing green transformation. The research results show that: Firstly, to realize the spontaneous green transformation of coal power enterprises, spontaneous profitability must be achieved before the removal of policy incentives, which is reflected in the continuous increase in electricity price, carbon emission trading price, and decrease in green transformation cost. Secondly, the green credit adjustment factor cannot determine whether a company chooses to undertake green transition, but it provides a valuable window of green transition for companies. When the relative benefits of green transformation projects are greater than the relative costs, coal power enterprises will undergo green transformation spontaneously. Thirdly, lower green credit interest rates are not better. An optimal green credit interest rate exists, that allows coal power enterprises to obtain the longest transition window in which to achieve spontaneous profitability for green transition projects. [ABSTRACT FROM AUTHOR]

Carbon neutrality is one of the most important goals for the Chinese government to mitigate climate change. Coal has long been China's dominant energy source and accounts for more than 70–80% of its carbon emissions. Reducing the share of coal power supply and increasing carbon capture, utilization, and storage (CCUS) in coal power plants are the two primary efforts to reduce carbon emissions in China. However, even as energy and water consumed in CCUS are offset by reduced energy consumption from green energy transitions, there may be tradeoffs from the carbon–energy–water (CEW) nexus perspective. This paper developed a metric and tool known as the "Assessment Tool for Portfolios of Coal power production under Carbon neutral goals" (ATPCC) to evaluate the tradeoffs in China's coal power industry from both the CEW nexus and financial profits perspectives. While most CEW nexus frameworks and practical tools focus on the CEW nexus perturbation from either an external factor or one sector from CEW, ATPCC considers the coupling effect from C(Carbon) and E(Energy) in the CEW nexus when integrating two main carbon mitigation policies. ATPCC also provides an essential systematic life cycle CEW nexus assessment tool for China's coal power industry under carbon-neutral constraints. By applying ATPCC across different Chinese coal industry development portfolios, we illustrated potential strategies to reach a zero-emission electricity industry fueled by coal. When considering the sustainability of China's coal industry in the future, we further demonstrate that reduced water and energy consumption results from the energy transition are not enough to offset the extra water and energy consumption in the rapid adoption of CCUS efforts. However, we acknowledge that the increased energy and water consumption is not a direct correlation to CCUS application growth nor a direct negative correlation to carbon emissions. The dual effort to implement CCUS and reduce electricity generation from coal needs a thorough understanding and concise strategy. We found that economic loss resulting from coal reduction can be compensated by the carbon market. Carbon trading has the potential to be the dominant profit-making source for China's coal power industry. Additionally, the financial profits in China's coal power industry are not negatively correlated to carbon emissions. Balance between the carbon market and the coal industry would lead to more economic revenues. The scenario with the most rapid reduction in coal power production combined with CCUS would be more sustainable from the CEW nexus perspective. However, when economic revenues are considered, the scenario with a moderately paced energy transition and CCUS effort would be more sustainable. Nevertheless, the ATPCC allows one to customize coal production scenarios according to the desired electricity production and emission reduction, thus making it appropriate not only for use in China but also in other coal-powered regions that face high-energy demands and carbon neutrality goals. [ABSTRACT FROM AUTHOR]

Global warming is a critical crisis threatening human survival and development. International organizations and countries worldwide are introducing policies and practices to achieve carbon neutrality. In China, numerous carbon neutrality policies have been established; however, a systematic understanding of the underlying policy logic is lacking. Using the institutional analysis and development (IAD) framework, this paper analyzes selected carbon neutrality policies in China. We conducted a bibliometric visualization analysis of the texts of 20 policies and matched their logic to the elements of the IAD framework. We established 90 keywords with occurrences of no less than 10 times in China's carbon neutrality policies. The network visualization analysis identified six clusters. We discuss implementation challenges of China's carbon neutrality policies, address the policy implementation, and finally outline impacts on China's carbon neutrality governance. This study responds to the global concern over China's carbon neutrality commitments by clarifying the institutional logic of China's policies and actions. This study could provide a reference for countries worldwide that are designing and introducing carbon neutrality policies. [ABSTRACT FROM AUTHOR]

Hydrogen is crucial in achieving global energy transition and carbon neutrality goals. Existing market estimates typically presume linear or exponential growth but fail to consider how market demand responds to the declining cost of underlying technologies. To address this, this study utilizes a learning curve model to project the cost of electrolyzers and its subsequent impact on hydrogen market, aligning with a premise that the market demand is proportional to the cost of hydrogen. In a case study of China's hydrogen market, projecting from 2020 to 2060, we observed substantial differences in market evolution compared to exponential growth scenarios. Contrary to exponential growth scenarios, China's hydrogen market experiences faster growth during the 2020–2040 period rather than later. Such differences underscore the necessity for proactive strategic planning in emerging technology markets, particularly for those experiencing rapid cost decline, such as hydrogen. The framework can also be extended to other markets by using local data, providing valuable insights to investors, policymakers, and developers engaged in the hydrogen market. [ABSTRACT FROM AUTHOR]

Existing studies of financing efficiency concentrate on capital structure and a single external environment or internal management characteristic. Few of the studies include the internal and external financing environments at the same time for hydrogen energy industry financing efficiency. This paper used the data envelopment analysis (DEA) model and the Malmquist index to measure the financing efficiency of 70 hydrogen energy listed enterprises in China from 2014 to 2020 from both static and dynamic perspectives. Then, a tobit model was constructed to explore the influence of external environment and internal factors on the financing efficiency. The contributions of this paper are studying the internal and external financing environments, and integrating financing cost efficiency and capital allocation efficiency into the financing efficiency of hydrogen energy enterprises. The results show that, firstly, the financing efficiency of China's hydrogen energy listed enterprises showed an upward trend during the years 2014–2020. Secondly, China's hydrogen energy enterprises mainly gather in the eastern coastal areas, and their financing efficiency is more than that in western areas. Thirdly, the regional economic development level, enterprise scale, financing structure, capital utilization efficiency and profitability have significant effects on the financing efficiency. These results can promote the achievement of "carbon neutrality" in China. [ABSTRACT FROM AUTHOR]

An electricity substitution strategy that replaces fossil fuels such as coal and oil with electricity in end-use energy consumption, can effectively contribute to an energy transition and the early achievement of carbon peaking and carbon neutrality targets. As the benefits of electricity substitution are not synchronized across China's regions, this paper uses a three-stage data envelopment analysis (DEA) model to measure the efficiency of electric energy substitution in 30 provinces of China in 2017. The results show that both environmental factors and random errors have significant effects on energy efficiency. After eliminating these influences, the efficiency of electrical energy substitution among regions presented the following pattern: "high in the east and low in the west". According to the evaluation results, this paper proposes corresponding suggestions for the development of electrical energy substitution. [ABSTRACT FROM AUTHOR]

A growing number of countries worldwide have committed to achieving net zero emissions targets by around mid-century since the Paris Agreement. As the world's greatest carbon emitter and the largest developing economy, China has also set clear targets for carbon peaking by 2030 and carbon neutrality by 2060. Carbon-reduction AI applications promote the green economy. However, there is no comprehensive explanation of how AI affects carbon emissions. Based on panel data for 270 Chinese cities from 2011 to 2017, this study uses the Bartik method to quantify data on manufacturing firms and robots in China and demonstrates the effect of AI on carbon emissions. The results of the study indicate that (1) artificial intelligence has a significant inhibitory effect on carbon emission intensity; (2) the carbon emission reduction effect of AI is more significant in super- and megacities, large cities, and cities with better infrastructure and advanced technology, whereas it is not significant in small and medium cities, and cities with poor infrastructure and low technology level; (3) artificial intelligence reduces carbon emissions through optimizing industrial structure, enhancing information infrastructure, and improving green technology innovation. In order to achieve carbon peaking and carbon neutrality as quickly as possible during economic development, China should make greater efforts to apply AI in production and life, infrastructure construction, energy conservation, and emission reduction, particularly in developed cities. [ABSTRACT FROM AUTHOR]

With the development and refinement of the carbon emissions trading market, the relationship between the carbon market and the stock market has grown increasingly intertwined. This has led to a surge in research investigating the interactions between the carbon market and related sectors. This study examines the intensity and direction of spillover effects among ten industries associated with carbon emissions, spanning traditional and emerging energy sectors. Through static analysis, we find that spillover effects between industries in the carbon and stock markets are bidirectional and asymmetric. Dynamic analysis reveals that the carbon market, acting as the primary recipient of spillover effects, is notably influenced by traditional energy industries such as coal and oil, followed by photovoltaics, new energy vehicles, and others. The magnitude of these spillover effects is subject to fluctuations influenced by energy crises and events like the COVID-19 pandemic, while policy interventions can alter the overall trends in net spillover effects across various industries. [ABSTRACT FROM AUTHOR]

Despite a gradual decline in rural population due to urbanization, as of 2022, approximately 35% of China's total population still resides in villages. Over a span of 40 years, carbon emissions from villages have significantly surged, with a sevenfold increase from energy consumption and a 46% rise from agriculture. Consequentially, the development of low-carbon villages is imperative. A comprehensive understanding of the primary sources of carbon emissions in villages is crucial for implementing practical and effective strategies towards low-carbon development. However, limited research has been conducted on quantifying carbon emissions and sinks for Chinese villages. This study aims to address this gap by proposing a methodology for assessing carbon emissions in villages, including the emissions of CO2, CH4 and N2O. Inspired by the IPCC standard methodology for greenhouse gas emissions at national levels and provincial greenhouse gas inventory guidelines customized for China's context incorporating localized characteristics, this approach has been applied to seven villages in Northern China based on field investigations. Employing a range of methods including field surveys, questionnaires, statistical records and big-data platforms, we collected the carbon emission activity levels of the seven villages using the most up-to-date carbon emission factors. Subsequently, the collected data and facts are quantitatively processed to generate results that are compared among the seven villages. These findings are also compared with those from other studies. The analysis indicates that the primary industries in these villages significantly influence the total carbon emissions. Moreover, the study reveals that energy consumption in buildings, agriculture, transportation and waste disposal are the most influential emission sources. These findings provide valuable insights into the carbon emission landscape of villages and can serve as a guide for implementing strategies and policies aimed at promoting low-carbon development in the rural areas of Northern China. [ABSTRACT FROM AUTHOR]

To cope with huge carbon emission pressure, China has implemented a carbon emissions trading pilot policy that aims to provide reasonable suggestions for the smooth operation of the national carbon market. This paper selects the provincial panel data in China from 2005 to 2019 and uses the propensity score matching-difference in difference (PSM-DID) method to evaluate the carbon emission policy's reduction effect. Based on carbon emissions (CE) and carbon emission intensity (CI), provinces and cities are divided into four regions, and each region is verified by spatial difference analysis. Furthermore, the mediating effects of carbon emission reduction through the dual aspects of technological progress and industry structure are also discussed. Results verified that, (1) under the carbon emission trading policy, regional carbon emissions and carbon emission intensity are both significantly reduced. (2) Technological progress helps to reduce carbon emissions, while industrial structure shows no obvious contribution. (3) The four regions all show ideal emission reduction effects, of which the High CE-High CI region shows the best, but is greatly restricted by techniques. The industrial structure of the High CE-Low CI region needs to be further optimized for carbon reduction. In the Low CE-High CI region, the carbon emissions brought by economic development fail to effectively improve per capita GDP. The Low CE-Low CI region contributes greatly to carbon emission reduction with technical advantages. [ABSTRACT FROM AUTHOR]

It is imperative to use clean energy in order to achieve "carbon neutrality" and "carbon peaking". This research aims to explore the impact of the agricultural mechanization level, the rural infrastructure construction level, and the rural economic development level on the utilization of high-quality straw energy, and, resultingly, this study aims to help provide suggestions for promoting high-quality straw energy utilization, develop the potential of high-quality straw energy, and alleviate China's energy shortage problem. This paper develops a measurement model using the ridge regression model with panel fixed effects, which overcomes the multi-collinearity problem among the various factors influencing the utilization of high-quality energy from straw. Panel data from 24 provinces and cities, from 2009 to 2017, are used. The results show that the improvements of the agricultural mechanization level, the rural infrastructure construction level, and the rural economic development level all promote the use of high-quality straw energy. Moreover, the level of rural economic development plays a mediating role in the agricultural mechanization level and the rural infrastructure construction level pertaining to straw-based high-quality energy. Policy implications can be easy to derive based on our findings, and these include strengthening governmental investment in agricultural machinery in rural areas, paying more attention to areas with backward rural energy infrastructure construction, ensuring the steady improvement of economic development in rural areas, providing the necessary economic foundation for agricultural supply, and promoting the use of high-quality energy from straw. [ABSTRACT FROM AUTHOR]

Hotels emit large amounts of CO2 when providing services. Carbon neutrality objectives and the growth of homestays have forced hotel managers to pay more attention to carbon reduction. First, this paper adopted the input–output method to calculate hotel CO2 emissions. It was found that the amount of CO2 emissions in the hotel industry decreased from the year of 2016 to 2018, and there are structural differences in the CO2 emissions of the hotel industry in China. Furthermore, this paper adopted the three-stage SBM-DEA model to evaluate hotel CO2 emission efficiency in 30 provinces in China. The results show that CO2 emission efficiency increased significantly when environmental factors were eliminated. A close observation of different regions shows that the eastern region has a higher CO2 emission efficiency than the western and middle regions. The emergence of homestays has led to increased input slacks in the labor and energy consumption of hotels, which has a negative effect on efficiency indirectly. Finally, implications and recommendations for the hotel industry are proposed. [ABSTRACT FROM AUTHOR]

China's natural gas supply has been challenged in the past few years by non-traditional risks such as trading conflicts, the COVID-19 pandemic, and the country's own emission policy. To ensure energy security and supply, conducting an up-to-date risk analysis of China's natural gas supply status is crucial. This research utilized the Fuzzy-AHP method to compose a risk index and assessed the key links within China's natural gas supply chain from the import side to the domestic side. The results indicate that (a) for China's gas import, the most influential risks are the correlated dependence risk, international relation risk, and supplier internal stability risk. (b) While the dependence risk and transport risk have decreased sharply in the past decade, the import risk is still China's major concern on natural gas supply. (c) Emissions-peaking and carbon neutrality targets are potential challenges, which the country would possibly face in the near future. [ABSTRACT FROM AUTHOR]

Against the backdrop of the national strategic goals of carbon peaking and carbon neutrality, the imperative for China's low-carbon new energy transformation is evident. Emerging as an efficient and clean new energy source, the coal-based "three gases" (coalbed methane, tight sandstone gas, and shale gas) have gained prominence. Nevertheless, the current exploration of the coal-based "three gases" is limited to individual reservoirs, posing challenges to achieving overall extraction efficiency. The primary obstacle lies in the conspicuous disparities in gas content among different reservoirs, with the causes of such disparities remaining elusive. To address this issue, this study focused on the Permian Longtan Formation (coal, shale, and tight sandstone) in the southeastern Sichuan Basin. Through a comparative analysis of the mineral composition, organic geochemical features, and pore structure characteristics, this study aimed to delineate reservoir variations and establish a foundation for the simultaneous exploration and exploitation of the coal-based "three gases". The research findings revealed that the differences in reservoir characteristics account for the variations in gas content among coal, shale, and tight sandstone. The mineral composition of the rock formations in the study area primarily consists of quartz, feldspar, clay minerals, pyrite, calcite, and dolomite. By comparison, the coal samples from the four major coal seams in the study area exhibited relatively large pore sizes, which are favorable for gas accumulation. [ABSTRACT FROM AUTHOR]

Implementing real-time carbon emissions monitoring at the enterprise level enables the detailed breakdown of carbon neutrality goals for microcosmic enterprises, which is of paramount significance in ensuring the precision of policy formulations. Grounded in China's historical electricity consumption and carbon emissions data, this study utilizes the network approach and input–output methods to compute and predict direct and indirect transmission coefficients of electricity consumption and carbon emissions in each province. We establish a methodology that enables the monitoring of real-time carbon emissions of enterprises based on corporate electricity consumption data. Using the metal smelting industry in Guangxi as an example, our findings are as follows: First, in 2020, the comprehensive carbon emissions of the ferrous metal smelting industry in Guangxi reached 58.84 million tons, marking a notable increase of 42.78% compared to emissions in 2014, indicating that emissions reductions are imperative. Second, significant regional variations in emission coefficients are observed, with values ranging from 14 g CO2/KWh to 940 g CO2/KWh among provinces. Meanwhile, the trends of direct carbon emissions and indirect carbon emissions are totally different, underscoring the importance of comprehensive carbon accounting in informing policy decisions. Third, through the carbon emissions real-time monitoring of 75 metal smelting industry enterprises using electricity big data, we identified that the distribution of emissions across industries, time periods, and regions is uneven. Overall, this method can optimize carbon emission measurement techniques to a higher spatiotemporal resolution and more microscopic monitoring subjects, providing essential numerical foundations for promoting carbon emissions reduction and sustainable development. [ABSTRACT FROM AUTHOR]

As the international community attaches importance to environmental and climate issues, carbon dioxide emissions in various countries have been subject to constraints and limits. The carbon trading market, as a market tool to reduce greenhouse gas emissions, has gone through a development process from a pilot carbon market to a national carbon market in China. At present, the industries included in the national carbon market are mainly the electric power industry, and the carbon emissions of the electric power industry account for about 40% of the national carbon emissions. According to the construction history of foreign carbon markets, China's future carbon quota allocation will gradually transition from free allocation to auction allocation, and the auction mechanism will bring a heavy economic burden to the electric power industry, especially the thermal power generation industry. Therefore, this study takes Guangdong Province as an example to optimize the power generation mix with the objective of minimizing the total economic cost after the innovative introduction of the carbon quota auction mechanism, constructs an optimization model of the power generation mix based on the auction ratio by comprehensively applying the system dynamics model and the multi-objective linear programming model, systematically researches the power generation structure under different auction ratios with the time scale of months, and quantitatively evaluates the economic inputs needed to reduce the greenhouse gas emissions. The results of the study show that after comprehensively comparing the total economic cost, renewable energy development, and carbon emissions, it is the most scientific and reasonable to set the auction ratio of carbon allowances at 20%, which achieves the best level of economic and environmental benefits. [ABSTRACT FROM AUTHOR]

Chinese wind power policies have productively promoted the development of wind power and also promoted the process of wind power participation in electricity market transactions. However, with policy emphasis on investment and neglect of utilization, there have been some difficulties in the development of Chinese wind power. To highlight the guiding role of policy and improve the wind power policy system, an analysis of Chinese wind power policies is conducted in this paper. First, aiming at the main components of wind power chain, including wind power construction, grid connection, transmission, and sales, a comprehensive and systematic frame of Chinese wind power policy system is proposed from the three aspects of development planning, administrative management and market transactions. Second, the indicator system of Chinese wind power development effectiveness is extracted, including installed capacity, power generation, power utilization hours, carbon emission reduction, investment, on-grid power price, wind curtailment rate, etc., and the effectiveness of policy implementation is verified. Third, new policy recommendations are proposed from parts of transmission, consumption, and market, for the development of Chinese wind power industry in the 14th Five-Year Plan period and the goal to reach the crest value of carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060. In this paper, advice to supplement and improve the Chinese wind power policy system is provided, which may it promote better development of Chinese wind power in the following decade from the policy point of view. [ABSTRACT FROM AUTHOR]

The development of human society has led to the growing consumption of industrial products, which generates significant amounts of carbon emissions. However, relatively few in-depth studies have been conducted on the influence of different demand factors (e.g., household consumption, government consumption, export, and capital formation) on carbon emissions, which hinders the development of targeted industrial policies. To address this issue, an analytical framework based on input–output theory, the hypothesis extraction method, and complex network analysis was established to estimate the intrinsic influence of different demand factors on the embodied carbon transfer between provinces in China. The key findings can be summed up as follows: (1) The macro direction of China's embodied carbon transfer runs from resource-rich northern provinces to industrially developed southern provinces. (2) From the perspective of different demand factors, capital formation is the most significant contributor to China's embodied carbon transfer, with the construction industry being the most important driver. In contrast, government consumption causes the least embodied carbon transfer, but it has the highest average carbon emission intensity. (3) According to complex network theory, the carbon transfer networks via provinces and industries caused by exports are the most concentrated, with the manufacture of electrical machinery and electronic equipment serving as the main source of demand. In contrast, the carbon transfer network resulting from household consumption exhibits a high level of decentralization, with dominant sectors including electric power, gas and water production, and supply and other services. Based on these findings, this study is expected to contribute targeted suggestions with which provinces and industries can formulate demand-side carbon reduction policies for different demand factors, which will contribute to the achievement of "carbon peaking and carbon neutrality". [ABSTRACT FROM AUTHOR]

Developing production technology pathways of sustainable aviation fuel (SAF) that align with China's national conditions and aviation transportation needs is crucial for promoting the SAF industry and achieving China's carbon peak and carbon neutrality goals. This article first projects the future SAF demand in China for the coming decades. Using SAF demand data as an input, this article employs the TOPSIS analysis method to comprehensively evaluate the suitability of four SAF production technology pathways at different stages of development in China, which are Hydroprocessed Esters and Fatty Acids (HEFA), Alcohol-to-Jet (AtJ), Natural Gas + Fischer–Tropsch Synthesis (G + FT), and Power-to-Liquid (PtL). The research results reveal the following trends: HEFA-based processes are the most suitable technology pathways for China in the near term; the G + FT route, based on energy crops, appears the most likely to support civil aviation needs in the medium to long term. In the long run, the PtL route holds significant potential, especially with the decreasing costs of green electricity, advancements in carbon capture, utilization, and storage (CCUS) technology, and improvements in SAF synthesis methods. In the final section of this article, we provide recommendations to drive the development of the SAF industry in China. [ABSTRACT FROM AUTHOR]

The demand for heating in cold regions drives up carbon emissions every year. In order to achieve China's carbon neutrality target by 2060, CO2 emissions in the cold regions must be reduced. In this paper, using Design Builder software, a simulation model of residential buildings in severe cold regions was created, and the most appropriate parameter design scheme for carbon emission reduction of residential buildings in severe cold regions was derived by simulating the experimental data of the original parameter design scheme and the changed parameter design scheme, as well as the calculation of carbon dioxide emission reduction rate. In order to make the comparison of the results easier, no change was made in the selection of the changed scheme for the external insulation material, foamed polystyrene panels. The results show that the most suitable parameter scheme for houses in severe cold regions is 85 mm thick foamed polystyrene panels for exterior walls, 200 mm thick foamed polystyrene panels for roofs, and exterior windows should use semi-tempered plastic steel frame and triple glass 6 mm glass + vacuum + 6 mm low-e glass + 12 mm air + 6 mm glass composed of windows. This technique saves 30.32% of energy as compared to the original parameter design approach. The efficiency of energy conservation is 33.03%. The emission reduction effect is significant. The best parametric design plan has a static payback period of 5 years. The best parametric design plan has a discounted payback period of 7 and a net present value of USD 65,413.39. This scheme can provide a great economic return while also increasing the performance of the building. [ABSTRACT FROM AUTHOR]

In a global context where sustainable growth is imperative, understanding carbon emissions in significant regions is essential. Henan Province, being a vital region in China for population, agriculture, industry, and energy consumption, plays a crucial role in this understanding. This study, rooted in the need to identify strategies that not only meet China's broader carbon neutrality objectives but also offer insights regarding global sustainability models, utilizes the STIRPAT model combined with scenario analysis. The aim was to forecast carbon emission trajectories from 2020 to 2060 across the key industries—electricity, steel, cement, transportation, coal, and chemical—that are responsible for over 80% of the total emissions in Henan. The findings suggest a varied carbon peak timeline: the steel and cement industries might achieve their peak before 2025, and the transportation, coal, and chemical sectors might achieve theirs around 2030, whereas that of the power industry could be delayed until 2033. Significantly, by 2060—a landmark year for Chinese carbon neutrality ambitions—only the electricity sector in Henan shows potential for zero emissions under an extreme scenario. This study's results underscore the importance of region-specific strategies for achieving global carbon neutrality and offer a blueprint for other populous, industrialized regions worldwide. [ABSTRACT FROM AUTHOR]

In recent years, with the intensification of global warming and the greenhouse effect, the global consensus has focused on efficient, clean, low-carbon, and green development as a means of achieving new economic growth. China, as a major carbon emitter, has been at the forefront of efforts to reduce carbon emissions. The establishment of the carbon emissions trading market, commonly known as the "carbon market", provides an economic solution for reducing carbon emissions in both the carbon and energy markets. As China's carbon market continues to grow rapidly, fluctuations in the energy or carbon markets caused by information shocks can easily spread between the two markets, leading to increased interconnectedness. Moreover, the spillover effect of the volatility between China's carbon market and energy market is not constant, and the intensity and direction of this effect vary depending on different market volatility levels and periods. Therefore, it is crucial to conduct a comprehensive study on the characteristics of the volatility spillover effect between China's carbon market and energy market and to fully understand the mechanism of energy regulation on carbon prices. This research will have significant practical implications for promoting the establishment of a well-functioning internal price transmission mechanism between China's carbon market and energy market. This study took the risk spillover between the carbon market and energy market as the research object and systematically combed through its pricing mechanism and spillover impact. Through constructing the DY overflow index model based on a VAR model and generalized variance decomposition method, this study explored the linkage between China's carbon and energy markets, i.e., the linkage of price fluctuations between China's energy and carbon markets, as well as the time-varying nature of inter-market spillovers, and provides suggestions on the risk control of price fluctuations between the carbon and energy markets. [ABSTRACT FROM AUTHOR]

China's carbon emissions have a stable industrial concentration. In recent years, the carbon emissions of the six major high-carbon industries have accounted for approximately 80% of the national total and are thus priority areas for emission reduction. With the promotion of energy-saving and emission-reduction policies, the structure and scale of high-carbon industries in various regions have undergone changes, but their carbon reduction effects show significant regional differences. Based on China's provincial panel data from 2006 to 2020, this study discusses the structural characteristics of high-carbon industries with their proportion of energy-based industries and measures their scale characteristics with their output values. On this basis, a fixed-effects model is used to analyze the single and synergistic effects of the scale and structure of high-carbon industries on carbon emissions in each province. The results indicate that changes in the scale and structure of high-carbon industries significantly affect carbon emissions but show regional differences in both the single and synergistic effects. When considering these synergistic effects, the single effect of high-carbon industries on carbon emissions will be weakened. In regions with large-scale high-carbon industries, the increase in the proportion of energy-based industries significantly increases carbon emissions, but this effect gradually weakens as the overall scale expands. In areas with small-scale high-carbon industries, the increase in the proportion of energy-based industries has a relatively small effect on carbon emission growth that gradually increases with the overall scale. In addition, the implementation of the carbon emission trading policy has a significant moderating effect on the carbon emissions of high-carbon industries and strongly promotes its reduction. [ABSTRACT FROM AUTHOR]