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Compared to cast-in-situ construction, prefabricated construction reduces the generation of construction waste; however, construction waste cannot be entirely eliminated through prefabrication and can be generated at each stage of its life cycle. This paper generates a system dynamics model, comprising two causal-loop diagrams and one stock-flow diagram, to simulate the effectiveness of policies on decarbonizing prefabricated concrete building waste. The model can predict the annual and total construction waste, along with the associated carbon emissions, under different policy scenarios in China by 2030. This paper focuses on prefabricated concrete buildings in China, with specific attention to the wastage of concrete, bricks, mortar, and metal. In single-factor scenario simulations, increasing landfilling fee is the most effective policy for waste decarbonization, potentially reducing carbon emissions by 31%. Increasing prefabrication rate and enhancing regulation degree at the design phase of prefabrication can directly reduce prefabricated building waste generation, subsequently resulting in an 18% and 7% carbon emissions reduction. Multi-factor scenario simulations demonstrate that the simultaneous application of all four policies is most effective, achieving a 44% reduction in carbon emissions. This research establishes a theoretical framework for prefabricated concrete building waste management and provides the Chinese government with practical insights on optimizing policies for waste decarbonization in the dynamic landscape of prefabrication. • This paper develops the prefabricated building waste generation and disposal systems. • The model predicts the construction waste and associated carbon emissions by 2030. • Raising landfill fee is an effective policy for decarbonizing construction waste by 31.06%. • Prefabrication rate reaching 100% can reduce 18.04% of carbon emissions from waste. • Applying all policies is most effective, achieving a 44.34% carbon emissions reduction. [ABSTRACT FROM AUTHOR]

Carbon trading is widely used as a carbon finance instrument to promote green transformation. This paper focuses on carbon trading's impact on the bond spread for high-carbon enterprises. Using variation in carbon trading access due to pilot policies in China, we find that bonds issued by high-carbon enterprises participating in the carbon trading pilots have lower spreads. Furthermore, the results suggest that carbon trading reduces bond spreads by encouraging high-carbon enterprises to improve their environmental performance. Another channel is the information asymmetry between bondholders and enterprises. More active carbon markets provide investors with more information about enterprises' motivations for reducing carbon emissions, leading to a greater reduction in bond spreads. In addition, the impact of carbon trading is more significant in local SOEs, high-innovation enterprises, and longer-term bonds. Our research helps us understand the importance of carbon trading in achieving a low-carbon economy. [ABSTRACT FROM AUTHOR]

The exploitation of fossil fuels in various sectors, such as power and heat generation, and the transportation sector has been the primary source of greenhouse gas (GHG) emissions, which are the main contributors to global warming. Qatar's oil and gas sector notably contributes to CO 2 emissions, accounting for half of the total emissions. Globally, it is essential to transition into cleaner fossil fuel production to achieve carbon neutrality on a global scale. In this paper, we focus on clean hydrogen, considering carbon capture to make hydrogen a viable low carbon energy alternative for the transition to clean energy. This paper systematically reviews emerging technologies in carbon capture and conversion (CCC). First, the road map stated by the Intergovernmental Panel on Climate Change (IPCC) to reach carbon neutrality is discussed along with pathways to decarbonize the energy sector in Qatar. Next, emerging CO 2 removal technologies, including physical absorption using ionic liquids, chemical looping, and cryogenics, are explored and analyzed regarding their advancement and limitations, CO 2 purity, scalability, and prospects. The advantages, limitations, and efficiency of the CO 2 conversion technology to value-added products are grouped into chemical (plasma catalysis, electrochemical, and photochemical) and biological (photosynthetic and non-photosynthetic). The paper concludes by analyzing pathways to decarbonize the energy sector in Qatar via coupling CCC technologies for low-carbon hydrogen, highlighting the challenges and research gaps. [ABSTRACT FROM AUTHOR]

Energy development in industrial parks promotes both industrial and inter-park economies. However, as the number of industrial parks increases and the economic level of the parks rises, energy consumption is also increasing rapidly. The rapid expansion of inter-park trading markets is accompanied by a surge in carbon emissions, making industrial parks increasingly significant contributors to carbon emissions within the industrial sector. In response to this environmental challenge, this paper proposes an integrated trading approach within industrial parks that considers carbon constraints. By implementing a spot trading method for surplus industrial energy, the goal is to mitigate the carbon emission pressure within these parks. Firstly, the paper conducts an analysis of the characteristics of combined heat and power units in industrial parks. It introduces an integrated analysis method within the target region, consolidating information from various park units to enhance flexibility in energy utilization. Secondly, an energy storage model is established. This model efficiently leverages energy storage capacity to balance fluctuations in energy supply and demand within industrial parks, thereby alleviating carbon emission pressure. Finally, the study and analysis of an industrial park in Liaoning Province were conducted using the Yalmip + Gurobi commercial software on the MATLAB platform. Compared with the traditional industrial park, the carbon dioxide emission of the industrial park is reduced by 91.49t, and the energy cost is saved by 11.2 million RMB. Numerical results from instances indicate that this method surpasses traditional trading approaches, aligning with the rigorous standards of scientific research. • An energy storage model is proposed to address the shortage of energy storage in waste heat trading in industrial parks. • A coordinated scheduling program is presented to reduce energy scheduling imbalances between multiple campuses. • The carbon-constrained energy storage device is integrated to improve the decarbonization capacity. [ABSTRACT FROM AUTHOR]

This study aims to explore the direct and indirect impacts of the Carbon Emission Trading System (CETS) on the green transition development (GTD) of Chinese cities. This paper constructs a GTD evaluation system from the perspective of prevention and governance at the source, in terms of carbon reduction, pollution reduction, green expansion and growth, and measures the GTD performance of 281 cities based on the EW-TOPSIS model. It is found that the average increase in GTD of the sample cities from 2006 to 2020 is 3.40 %, the GTD progress of the 281 cities has a considerable positive spatial autocorrelation, with the GTD progress of the CETS pilot cities being significantly bigger than that of the non-pilot cities. Further this paper adopts the spatial difference model (S-DID) to scientifically identify the influence mechanism and heterogeneity of the direct and spatial effects of CETS on city GTD, and the results show that CETS has a positive effect on the GTD of both local and neighboring cities. Propensity score matching (PSM) is used to further corroborate these findings. The study also shows that CETS improves local GTD by promoting green innovation, rationalizing industrial structures, and enhancing energy efficiency in cities. Nevertheless, the ensuing siphon effect hinders nearby cities' levels of energy efficiency, industrial structure rationalization, and green innovation. The policy effects of CETS are more significant in large cities, eastern cities, old industrial areas, and non-resource-based cities. CETS can work in synergy with smart city construction, low-carbon city pilot policies, and emission trading policies to accelerate the process of GTD. [ABSTRACT FROM AUTHOR]

China has committed to peak carbon emissions by 2030 and become carbon neutral by 2060. Hebei, as a major energy province in China, has more challenging carbon peaking and carbon neutrality targets. Based on the extended STIRPAT model, this paper evaluates the time to peak carbon and post-peak carbon trend changes in Hebei province under different scenarios from 2020 to 2060. Based on the support vector machine model with particle swarm optimization, this paper evaluates the carbon neutral pathways under different scenarios in Hebei province from 2020 to 2060 in terms of forests, croplands, wetlands, grasslands and Carbon Capture, Utilization and Storage (CCUS). The results show that a monotonically flat trend without inflection point, a single-inflection-point plateau-period trend and a multi-inflection-point inverted U-wave trend occur after carbon peaks. Hebei Province can achieve carbon neutrality by 2060 under the policy scenario and the enhanced scenario, and the enhanced scenario is better. Comparing with existing studies, the innovation of this paper is to design different trends of changes after carbon peak, combining carbon absorption and carbon emission, and providing more diversified development paths for carbon neutral strategies through a more integrated perspective and multi-scenario comprehensive analysis. Therefore, In the future, Hebei Province should establish a platform for carbon emissions monitoring and carbon footprint assessment, and set up an early warning and assessment mechanism for carbon peaking, so as to prevent a rebound trend in carbon emissions after peaking. At the same time, it should introduce and develop carbon capture and conversion technologies and promote the low-carbon transformation of the industrial and energy sectors, thereby forcing the early realization of peak carbon. Pay attention to the role of forestry resources in carbon neutrality, increase carbon sink resources such as forests and wetlands, promote the development of CCUS, and enhance the implementation of the policy. [ABSTRACT FROM AUTHOR]

Under the goal of "carbon peaking" and "carbon neutrality" in China, it is significant to explore whether emission reduction commitments contribute to carbon risk premium. Therefore, based on a sample of Chinese listed companies that publicly disclosed questionnaires in the CDP from 2009 to 2021, this paper empirically examines the relationship between emission reduction commitments and carbon risk premium and their formation mechanism. The results show that emission reduction commitments can effectively hedge the carbon risk premium, which pass several robustness tests. Specifically, the more comprehensive and ambitious the commitment is, the greater the suppression of the carbon risk premium. The mechanism test shows that disclosing emission reduction commitment information can reduce carbon risk by improving investor confidence and attracting political resources. Differences in enterprise emission levels, regional environmental regulation intensity and green financial development result in different risk-hedging effects of emission reduction commitments. Moreover, the greater the substantial pressure from stakeholders, the greater the tendency for firms to set up emission reduction commitments. Finally, the heterogeneity analysis reveals that confidence level of commitments has a significant impact on risk premium. Specifically, enterprises with SBTi validation, higher CDP ratings and higher target completion are more helpful in curbing carbon risk premium. Our findings contribute to corporate commitment to climate change and complement the carbon risk premium hypothesis. [Display omitted] The possible highlights of this study are as follows. • With the help of forward-looking information on emission reduction commitments, we re-examine the conclusion of the carbon risk premium and find that emission reduction commitments can effectively hedge the risk premium, enriching and developing the carbon risk premium hypothesis • This paper brings commitment levels and carbon emission levels into a unified analytical framework to study the correspondence between emission reduction commitments made under pressure to reduce emissions and the carbon risk premium, providing micro evidence for solving the mystery of the carbon risk premium. • Measure emission reduction commitment indicators from various angles, making the data on emission reduction commitments more objective and scientific. [ABSTRACT FROM AUTHOR]

This paper aims to study the significance of China's Industrial Structure Rationalization (ISR) in reducing carbon emissions. To this end, this study uses panel data from 30 Chinese province from 2000 to 2019 to measure the Industrial Structure Rationalization of each province by calculating the Thiel index, base on which a nonlinear autoregressive lagged distribution (NARDL-PMG) model is established to explore the impacts of industrial structure rationalization on carbon emissions. The results show that: (1) There still exist significant regional differences between Eastern and Central-Western regions in industrial structure as illustrated by the ISR index. The industrial structure in Eastern region is more rational; (2) In the long run, the carbon emission in China will drop when the industrial structure becomes more rational; (3) However, in the short run, the carbon emission in China will increase when the industrial structure becomes more rational. Besides the findings above, the major difference between this paper and the extant researches is that this paper pays attention to the relationship between industrial structure rationalization and environmental quality by investigating the asymmetric influences of industrial structure rationalization index's positive and negative shocks on carbon emission, which lays solid foundations for government aiming to set more detailed policies. • Focus on the impact of rationalization of industrial structure on CO2 emissions. • Focused on the linear relationship between industrial structure and carbon emissions. • Attempts to analyze three regional pairs from the East, Central and West regions. • Provide a reference for developing countries to achieve sustainable development. [ABSTRACT FROM AUTHOR]

Because transport in the port hinterlands heavily depends on roads with negative externalities, much social interest has been in modal shifts (MSs) to rail and shipping with lower environmental impact. Currently, leading industry sectors to ambitiously embrace technological innovations to decarbonize—consequently, in line with these changes, the significance of MSs should change; however, no previous studies have comprehensively presented the overall CO 2 emissions and transport mode shares for future regional cargo transport. This paper presents a scenario analysis of CO 2 emission reductions in the Japanese domestic hinterland of international maritime container transport based on future scenarios of technological innovation and change in shipper behavior. The simulation results using the global logistics intermodal network simulation model showed that up to 87% CO 2 reduction is possible, and the primary driver for this is technological innovation. Moreover, the significance of MSs fluctuates depending on the advancement of technological innovation, suggesting that MSs hold a degree of import as a decarbonization measure during the transitional phase toward carbon neutrality (CN) as technological innovation advances. The results of this study, which fluctuated considerably by scenario and timing, have policy implications with respect to the path to be followed toward CN, including whether to promote MSs. • Scenario analysis of CO 2 emission reductions in Japanese maritime transportation. • Up to 87% CO 2 reduction possible using technological innovation. • Significance of modal shifts fluctuated with the degree of technological innovation. • Policy implications suggesting that the path toward carbon neutrality is crucial. [ABSTRACT FROM AUTHOR]

The power sector significantly contributes to global greenhouse gas emissions, making its transition to low-carbon energy crucial for achieving carbon neutrality. Zhengzhou, recognized as one of the China's "National Central Cities", has a high energy demand. Its power sector, which is primarily reliant on coal, is responsible for half of the city's CO 2 emissions. The low emissions analysis platform (LEAP) model serves as an effective tool for exploring the power sector's transition to low-carbon sources. However, studies on the combined reduction in air pollutants and CO 2 at the city level are scarce. This study focuses on Zhengzhou's power sector, examining the power composition, coal usage, CO 2 and air pollutant emissions, social costs, and employment effects across five scenarios using LEAP. The five scenarios are the business-as-usual scenario, the reference scenario, the carbon neutrality scenario, and two optimization scenarios with different carbon peak and carbon neutrality time. CO 2 emissions will peak in 2030 at 34.6 Mt in the reference scenario, and in 2022 at 32.4 Mt in the carbon neutrality scenario. Emissions in the reference and carbon neutrality scenarios will decrease by 64.8% and 75.2%, respectively, from those in the business-as-usual scenario due to emission reduction strategies. In the carbon neutrality scenario, coal power reformation is the most significant measure, accounting for 45.7% of the total CO 2 reduction compared to that in the business-as-usual scenario, followed by the integration of external electricity (17.8%) and solar energy (13.6%). This scenario also demonstrated a strong synergistic effect on reducing air pollutants and CO 2 emissions. Although the carbon neutrality scenario incurs costs 60.4 billion yuan higher than those of the reference scenario, its CO 2 mitigation cost is 66.1 yuan/t lower. This indicated that more rapid CO 2 reduction, despite higher economic inputs, is justified by ambitious CO 2 reduction goals and environmental benefits. Enhancing the use of renewable energy technologies for research and development to lower costs could increase the economic feasibility of the carbon neutrality scenario. In the two optimization scenarios, complete elimination of CO 2 and air pollutant emissions is achieved by 2060, with all the electricity generated from renewable sources, although issues of uncertainty and stability need to be addressed. The study also highlights that renewable energy development will significantly boost employment, with an estimated 1.19 million jobs in 2060 in the carbon neutrality scenario. Finally, the paper concludes with a sensitivity analysis and offers policy recommendations for the power sector's low-carbon transition. [Display omitted] • Low-carbon transition paths of Zhengzhou power sector are investigated by scenario analysis. • Coal power reformation and external electricity are effective measures for CO 2 reduction. • Synergistic reduction of air pollutants and CO 2 is achieved in the CAN scenario. • The CAN scenario has a good cost-effectiveness of CO 2 mitigation. • Policy recommendations for Zhengzhou power sector are proposed. [ABSTRACT FROM AUTHOR]

Technical lignin (TL) is a solid waste generated in industrial activities including pulp and paper mills and second-generation (2G) biorefineries. After isolation processes, TL is available in large quantities and has favorable compositional characteristics to produce high-performance activated carbons (ACs), such as low amount of residual carbohydrates, high reactivity due to the presence of different functional groups, and high aromatic carbon content. The value of the AC market is projected to reach US$ 7 billion by 2028, led by the water treatment sector. This work provides a brief overview of the status quo in the production of new adsorbents from TL, focusing on biorefineries, together with a bibliometric and patentometric survey. This evidenced a scarcity of publications on this topic, with the primary focus being on chemical modification of TL. A notable increase was observed in the production of ACs for electrochemical applications. Only a few patents were found on the subject, with China predominating technological development in this area. The findings revealed a technical-scientific-economic potential that has been largely unexplored, as no TL-derived AC from 2G biorefineries has yet been produced and applied in water treatment. Hence, there is excellent potential for the wider commercialization of AC produced from TL, representing an excellent opportunity to recycle TL and support the bio-based circular carbon economy, while also contributing to carbon emission neutrality. The marketing of high-performance ACs produced from TL could make biorefineries more profitable and less sensitive to market price fluctuations, while becoming carbon-neutral multiproduct platforms. [Display omitted] • Technical lignin (TL) has untapped technical-scientific-economic potential. • Production of activated carbon is a technological way to add value to TL. • Bibliometrics and patentometrics indicate a scarcity of value-added TL products. • Biorefineries as key contributors to carbon neutral emissions in the energy sector. • New opportunities and challenges identified for excess TL in 2G ethanol plant. [ABSTRACT FROM AUTHOR]

The Carbon Emission Trading (CET) system has been independently implemented in dozens of countries to protect the environment. Meanwhile, there are efforts underway to establish a Unified Global CET (UG-CET) system, which aims to better coordinate emission reduction efforts worldwide and protect the global environment. However, these efforts overlook the issue of data security, which may raise concerns for countries considering participation in such a system. In this paper, we propose a UG-CET system that addresses data security concerns. Firstly, it safeguards cross-border data by not requiring countries to share detailed data, but only providing generalized data. Secondly, it is capable of auditing data, ensuring data consistency even in the absence of shared original data. Therefore, it respects the interests of participating countries by not only protecting their own data but also ensuring the authenticity of data shared by other countries. Finally, the proposed scheme is validated using authentic CET data, and the results demonstrated that it can maintain a high efficiency while achieving a verification accuracy of 99.6%, effectively ensuring the security and consistency of the data flow in carbon emission trading. [Display omitted] • A unified global carbon emissions trading framework is established. • The framework focuses on addressing the data security issues, aiming to enhance the data quality. • It avoids the cross-border transfer of detailed carbon emission data. • It not only results in efficient audits but also protects the data security on Country Chain. [ABSTRACT FROM AUTHOR]

This paper delineates the impact of digital infrastructure construction (DIC) on carbon emission efficiency (CEE) within the ambit of China's "Broadband China" pilot policy (BCP). A quasi-natural experimental framework reveals direct effects, indirect influences, non-linear relationships, and spatial heterogeneity of DIC on CEE. The research distills several pivotal insights: (1) DIC exerts a markedly positive impact on CEE, as evidenced by comprehensive robustness analyses. (2) The digital service industry agglomeration and green technology innovation act as key mechanisms through which DIC influences CEE. (3) The intensity of BCP exhibits an "inverted U-shaped" relationship with CEE. As the level of CEE increases, the impact of DIC on CEE gradually rises, demonstrating a marginal increasing effect. (4) The spatial spillover effects of DIC on CEE vary with increasing distance, revealing a dichotomy: an "agglomeration shadow" within 200 km of policy pilot cities and a pronounced stimulative effect on CEE within a 200–300 km radius. (5) The efficacy of DIC in enhancing CEE is augmented by proximity to central cities, with the optimal radius of influence for central cities determined to be 200 km, beyond which a diminishing gradient effect is observed, forming a "core-peripheral" spatial pattern. The findings endorse the strategic augmentation of digital infrastructure as a lever for economic and environmental co-benefits, steering towards carbon neutrality and equitable regional development. [ABSTRACT FROM AUTHOR]

Given the worsening environmental pollution and China's carbon peak and carbon neutrality goals, it is imperative to study the low-carbon travel behavior of urban residents. Previous research has mainly focused on objective environmental factors, subjective behavioral factors, and low-carbon travel behavior. However, the evolving decision-making of local governments, community residents, and individuals within the low-carbon travel system still needs to be explored. Tripartite evolutionary game theory is an effective method for studying the dynamic changes in strategies among limited rationality multiple actors in long-term repeated games, making it applicable to this study. Therefore, this paper simulates participants' behavior using evolutionary game theory, conducts stability analysis of equilibrium points of the replicator dynamic system using the Lyapunov first method, derives evolutionarily stable strategy combinations under different conditions, and finally performs simulation analysis using Matlab. The simulation results indicate: (1) By implementing reasonable incentive mechanisms, Local governments can encourage citizens to adopt low-carbon travel and community transformation. They should pay attention to their expenditures and subsidies, manage their spending to reduce consumption, maximize efficiency, and strive to achieve carbon emission reduction goals. (2) The likelihood of residents choosing low-carbon travel is mainly influenced by direct advantages such as health and economy in the initial stages, and later, it is more affected by the indirect benefits brought about by subsequent objective environmental changes. (3) The cost of renovation significantly affects the built environment of communities, leading to a reduction in renovation costs and the adoption of uniform standards and, consequently, stimulating enthusiasm for community transformation. The research findings suggest that the government can collaborate with the public to reduce carbon emissions by implementing specific environmental changes and providing incentives to encourage citizens to participate in low-carbon transportation. Simultaneously, the government can cooperate with the public, considering the quality of environmentally friendly transportation for citizens, formulating uniform regulations, reducing renovation costs, and achieving the highest low-carbon goals with minimal financial expenditure. [ABSTRACT FROM AUTHOR]

Carbon trading, one of the key policy instruments for reducing carbon emissions, can significantly contribute to the government's goal of achieving "peak carbon" and "carbon neutrality". Thus, under pressure from the government to implement carbon trading policies, enterprises often seek new low-carbon production technologies or business models. Meanwhile, outsourcing remanufacturing is often considered an effective means of promoting carbon reduction. Therefore, based on an outsourced remanufacturing model, we investigated the impact of carbon trading on the manufacturing/remanufacturing supply chain (SC) by constructing a game model involving an original equipment manufacturer (OEM) and an outsourced remanufacturer (OR) under decentralized versus centralized decision-making conditions. Furthermore, we designed a coordination mechanism to address the loss of benefits for the overall SC under decentralized decision-making conditions. We drew the following conclusions: (1) Whether in a decentralized or centralized decision-making model, there is a feasibility boundary condition when a government implements the carbon trading policy. Namely, the policy fails when the carbon trading price is greater than a certain threshold. (2) The decentralized decision-making approach reduces the sales of remanufactured goods and the recycling rate for used goods compared to the centralized decision-making paradigm, resulting in a marginal loss of profit. And, as the price of carbon trading rises, carbon trading regulations tend to expand the room for coordination of interests in the decentralized decision-making paradigm. (3) A single cost-sharing contract, while increasing revenues for OEM and SC, reduces revenues for OR. Profit-sharing contracts and fixed-cost contracts increase OEM and OR revenues, but overall SC profits are still lower than in the centralized decision-making model. Therefore, this paper combines revenue-sharing, cost-sharing, and fixed-fee outsourcing contracts to effectively achieve SC coordination. [ABSTRACT FROM AUTHOR]

In order to probe collaborative environmental governance (CEG) in China's "1 + N" policy framework for carbon peak and carbon neutrality, this paper applies the Actor-network theory (ANT) as an analytical framework to explore carbon reduction policy coordination. We then model ANT's relations with an evolutionary game theory (EGT) model to examine the evolutionarily stable strategies in CO 2 emission reduction by various actors including the central government, local governments, commercial banks, and polluting enterprises. Our objective is to examine policy coordination as the key enabler for governing success via an ANT-based mechanism design in China's institutional context. Combining the strength of ANT with a four-party EGT model, we investigate how to improve policy coordination to mobilize the actor-network for promoting CEG. Simulations are conducted to examine the effectiveness of policy coordination involving multiple policy instruments for controlling carbon emissions. The central government fulfills leadership in translating the interests of other actors and shaping the desired collaborative network. Without proper coordination, environmental policies may counteract each other. Government transfers and subsidies have direct impacts, but in the long run enhanced competitiveness and profitability of enterprises represent the intrinsic key to CEG success. From a methodology perspective, policy simulation in an EGT framework represents a novel addition to the research toolbox that expands ANT. [ABSTRACT FROM AUTHOR]

The aim of the paper is to evaluate empirically the main implications of digital technology (DT) on carbon emissions (CE). Our sample focuses on 283 cities of China over the period from 2003 to 2019, and the effect of DT on CE is examined with a threshold spatial effect model. Empirical results show that DT has a negative impact on carbon emissions and the transmission mechanism contains both a direct impact on local region and a spillover effect across regions. There is empirical evidence of a threshold effect in the relationship between DT and CE, with stronger carbon reduction effect for DT values larger than the established threshold. Moreover, CE reduction effect of DT appear to be amplified by the level of marketization. Regions with a higher level of marketization thus show a more significant manifestation of CE reduction effect attributed to DT. Our results provide empirical evidence that DT development may contribute to achieving carbon neutrality at least partially. [ABSTRACT FROM AUTHOR]

Water scarcity is a particularly severe challenge in arid climates. Since a substantial amount of water vapor is present in the atmosphere, adsorption-based atmospheric water harvesting (ABAWH) is a promising technology to address the scarcity of freshwater resources using clean and economical energy sources. Meanwhile, climate change caused by CO 2 emissions has become one of the most significant concerns, and countries around the world are now working to achieve "carbon neutrality". In this respect, metal-organic frameworks (MOFs) have great potential for water harvesting and carbon capture on account of their high porosity, good designability, and excellent adsorption properties. In this paper, the development of MOFs in the field of adsorption is reviewed, and the adsorption characteristics and mechanism of MOFs are described. In addition, existing transport models for porous media are reviewed and predicted to be potentially applicable to MOFs. Particularly, this paper focuses on summarizing achievements of ABAWH so far and suggesting enhancements. Methods to improve carbon capture capacity are also concluded and discussed. Furthermore, some suggestions are presented to address the difficulties of industrial applications of MOFs. This review aims to providing technical insight to revisit existing technologies, research gaps, and scope for further development. It is desired to provide a reference for MOFs in terms of water harvester design and performance improvement of selective CO 2 capture, thus promoting the large-scale industrial applications of MOFs. [Display omitted] [ABSTRACT FROM AUTHOR]

Accelerating the energy transition of rural households in mountainous areas is an important step to improve energy poverty and mountain ecosystems and to help achieve carbon peaking and carbon neutrality. This paper explores the transformation of rural cooking energy in mountainous areas based on field investigation data from six villages in Chongqing. It systematically reveals the transformation process, driving factors and carbon emission changes in household cooking energy consumption in mountainous areas in the past 20 years by using mathematical statistics, multinomial logit models and the emission coefficient method. The results are as follows. (1) There has been a significant transition in the consumption of rural household cooking energy in mountainous areas. There has been a significant change in the proportion of different energy sources, including fuelwood (59.2%–1.9%), coal (16.5%–0%), gas (12.6%–15.5%), natural gas (6.8%–51.5%) and electricity (4.9%–31.1%). (2) The main driving factors of the household cooking energy transition in mountainous areas are income per capita, householder age, and householder education level. (3) The average annual household carbon emissions from rural household cooking energy decreased remarkably. The average annual household carbon emissions decreased from 6.80 t to 2.62 t in fuelwood (5.40–0.91 t), electricity (0.19–1.28 t) and natural gas (0.03–0.25 t) emissions during the study period. The contribution of this study is to investigate how the household cooking energy transition contributes to carbon peaking and carbon neutrality from a micro perspective. At the same time, this paper explores the mechanisms between the cooking energy transition and the ecological dividend of urbanization and proposes future reform initiatives for rural energy in mountainous areas to help achieve the goals of carbon peaking and carbon neutrality. [ABSTRACT FROM AUTHOR]

Taiwan's per capita carbon emissions ranks first in Asia. Whether Taiwan's current "2025 Non-Nuclear Homeland" energy transition policy can achieve the goal of greenhouse gas reduction is an issue that needs to be studied urgently. On the basis of studying the status quo of energy supply and demand and carbon emissions in Taiwan, this paper first uses an econometric model to predict Taiwan's energy demand from 2021 to 2030, and then uses a Markov chain model to predict its energy structure changes and CO 2 emission trends under different scenarios, and evaluates the impact of its energy transition policies on carbon emission reduction goals. On this basis, by comparing the carbon trading markets on both sides of the Taiwan strait, the feasibility of and obstacles to the cross-strait cooperation in the carbon trading market are discussed in depth, and the opportunities for future cross-strait cooperation in the carbon trading market are proposed innovatively. The empirical results of this paper show that the carbon emissions in 2025 under the energy transition policy will be reduced by 59.8–61.1 million tons compared with those without planning constraints, but compared with the carbon reduction target (a reduction of 124.8–133 million tons), there is still a long way to go. The contribution potential of the annual carbon emission reduction target is only 45.9%–47.9%, and the contribution potential in 2030 is 57.2%–60.1%. The current "2025 Non-Nuclear Homeland" policy is not in line with Taiwan's current reality, and it is difficult to achieve the expected carbon reduction goal. In order to realize the energy transition in Taiwan in the future, it is necessary to make overall planning of energy policies, explore the cross-strait power cooperation model, and gradually try to build a cross-strait carbon trading market. [ABSTRACT FROM AUTHOR]

Mining industry emission reduction is an important way to achieve the 2060 carbon neutrality target in China. Decoupling economic development from CO 2 emissions is the main strategy to reduce emissions from the mining industry. However, no studies have investigated the decoupling state and drivers of the Chinese mining industry. This paper is based on panel data of the mining industry and its subsectors during 2002–2016. The Tapio decoupling model was constructed to analyze the decoupling state of economic development and CO 2 emissions. The LMDI model was developed to decompose the drivers of the decoupling state. The results show that: (1) The CO 2 emission intensity of the mining industry decreased significantly from 1.63 tons per 10,000 yuan in 2002 to about 0.27 tons per 10,000 yuan in 2016. (2) The Chinese mining industry shows an inverted U-shaped decoupling relationship between CO 2 emissions and economic growth. Specifically, the change trend of decoupling state of Mining and Washing of Coal (MWC) also presents an inverted U-shape. Mining and Processing of Nonmetal Ores (MPNO) performs the best during the study period. Extraction of Petroleum and Natural Gas (EPNG) shows the largest change in decoupling state and the worst performance. (3) Overall, the economic output effect (CG) is the most important factor that promotes CO 2 emissions and inhibits decoupling. The energy intensity effect (EI) is the main contributor to suppressing CO 2 emissions and promoting decoupling. The energy structure effect (ES) is the most promising influencing factor. (4) There is variability in the role played by different 21 factors in the five subsectors. Specifically, EI inhibits decoupling in MWC but promotes decoupling in EPNG、Mining and Processing of Ferrous Metal Ores (MPFMO) and MPNO. ES inhibits decoupling in MWC and MPFMO but promotes decoupling in MPNFMO, while it has little effect on decoupling in EPNG and MPNO. Based on the results, comprehensive policy recommendations are made to achieve decoupling economic growth from CO2 emissions in the Chinese mining industry. The Research framework. [Display omitted] • The decoupling relationship and the driving factors between CO 2 emissions and economic growth in the Chinese mining industry were analyzed for the first time. • The methodology of this paper was based on three aspects: CO 2 emissions calculation, decoupling analysis, and factorization. • The results of the study were compared and described in the mining industry and its subsectors. • The decoupling state of the mining industry performs well during 2002–2012 and poorly during 2012–2016. • The energy intensity effect was the main contributor to decoupling and reducing CO 2 emissions. [ABSTRACT FROM AUTHOR]

The sustained growth of global aviation emissions has highlighted the urgent need for using Sustainable Aviation Fuels (SAFs) to replace traditional aviation fuels to mitigate emissions. SAFs can potentially reduce greenhouse gas emissions by 50%–90% compared to conventional jet fuels. This paper collected aviation emissions data from South American routes between 2019 and 2021, and the GWP100 method was used to convert CH 4 and N 2 O emissions into CO 2 equivalents. Additionally, emissions from the South American route between 2023 and 2070 were predicted, as well as the amount of subsidy required to promote the use of SAFs under four different scenarios. The result shows that adopting SAFs could reduce approximately 69.3 million to 113.53 million tons of CO 2 -equivalent emissions in South America by 2070. However, the South American aviation industry will likely embrace using SAFs only if the carbon trading price exceeds 0.273 times the difference between SAFs and jet fuel prices. • This study calculates the emission reduction effects under four scenarios. • The GWP100 method is used to convert non-CO 2 emissions into CO 2 equivalent emissions. • SAFs can reduce 69.3–113.53 million tons of CO 2 -equivalent emissions by 2070. • Using SAFs is profitable when carbon price exceeds 0.273 times SAFs-kerosene price gap. • Using SAFs earlier will increase subsidies by $3.65–4.56 billion every five years. [ABSTRACT FROM AUTHOR]

Under the background that China will achieve the goal of carbon neutrality by 2060, analyzing the impact of carbon neutral target constraints on the welfare of urban and rural residents is an important part of the design of a carbon emission reduction policy mechanism, in this paper, the dynamic recursive CGE(Computable general equilibrium) model is used to simulate the changes in welfare level, income consumption, and CO2 emissions of residents and their urban-rural heterogeneity under the policy of imposing a carbon tax on the fossil energy industry from 2022 to 2060. The results show that: compared with the BAU scenario, by 2060, first the income and consumption of residents will decrease slightly. Second, the target constraint of carbon neutrality makes the equivalent variation and compensate variation of urban and rural residents' welfare decrease slightly, and the equivalent variation and compensate variation of urban residents decrease more than those of rural residents. The following conclusions are drawn: first, the carbon-neutral target constraint makes the welfare of urban and rural residents decline slightly, but it will not have a strong impact on residents' income and consumption. Second, this constraint has a greater impact on the income, consumption and savings of urban residents than those of rural residents. [Display omitted] • A five-layer nested dynamic recursive CGE model is established to analyze residents' welfare. • Carbon taxes are incorporated into production decisions as a policy cost for energy companies. • The heterogeneity of the impact of carbon tax policy constraints on the welfare of urban and rural residents was analyzed. • The government needs to improve the intensive and diversified energy supply in rural areas to reduce the urban-rural gap. [ABSTRACT FROM AUTHOR]

Digital technologies are a key driver of carbon peaking and carbon neutrality. However, as the physical foundation supporting digital technology, how digital infrastructure affects carbon emissions is unclear. Based on the panel data from 2008 to 2019, this paper examines the impact of the Broadband China Policy on carbon emissions by adopting a multi-period difference-in-differences (DID) method. The empirical findings indicate that, first, digital infrastructure development plays a significant role in reducing carbon emissions in China. Second, the Broadband China Policy significantly reduces carbon emissions especially in China's low-carbon emission regions, high-level digitization regions, and non-resource-cursed regions. Third, the implementation of the Broadband China Policy facilitates carbon emissions reduction through the promotion of green technology progress, optimization of industrial structures, green transformation of residents' lifestyles, and electrification of energy mix. Finally, the Broadband China Policy has a positive spatial spillover effect on the carbon intensity in the surrounding regions of pilot cities, but it has no significant effect on the total carbon emissions and per capita carbon emissions in the surrounding regions. The results provide important insights for digital infrastructure construction to achieve a win-win situation for economic development and emission reduction. • It explores the impact of Broadband China Policy on carbon emissions reduction. • Digital infrastructure development has positive impact on reducing carbon emissions. • The reduction effect is heterogeneous in regions with different characteristics. • Carbon emissions can be reduced at both industrial and individual levels. [ABSTRACT FROM AUTHOR]

The significant carbon emissions generated by China's sludge treatment industry cannot be ignored. However, with only a few recent well-executed studies on carbon emission reduction in the sludge treatment field, the literature awaits a more comprehensive assessment and prediction whether the sludge treatment industry can achieve the dual-carbon target. This article aims to fill this gap, holistically examining the carbon emission reduction potential in the industry. Using the moving average method and IPCC method, the projected carbon emission value of sludge treatment in China from 2021 to 2030 indicates a total net carbon emission of 0.3 million tons by 2030. This suggests that the sludge treatment industry is on track to meet the carbon peak target, leaving surplus carbon quotas or credits available to assist other industries for carbon emissions reductions. The study also finds that only incineration and composting demonstrate the potential to be able to partially offset carbon emissions through resource utilization in certain stages or processes. Therefore, the current sludge treatment methods do not yield comprehensive emission reduction effects and cannot provide sufficient contribution to China's dual carbon goals. To address this issue, the paper explores a new scheme that focuses on improving the sludge treatment process. The scheme comparative analysis reveals that, even with all sludge treatment methods optimized, the total net carbon emissions of the industry could only be reduced to 0.058 million tons. This reduction falls short of significantly mitigating carbon emissions to achieve the carbon neutrality goal. Therefore, industries unable to achieve substantial net carbon reduction may need to explore alternative measures, such as carbon sinks, to ultimately attain carbon neutrality. [ABSTRACT FROM AUTHOR]

The comprehensive cohesion of the digital economy, structural deviation adjustment, and green development is a crucial step towards promoting high-quality economic growth and realizing carbon peak and carbon neutrality. This paper probes the impact of intra- and inter-regional digital economy on carbon emissions, considering the mediating effect of structural deviation, utilizing panel data from 267 prefecture-level cities in China spanning the years 2011–2019. The findings reveal the following key insights. First, the connection between the digital economy and carbon emissions within cities follows an inverted "U" shape. In the early stages, the digital economy leads to an average increase in carbon emissions of 0.069%. However, in the later stages, the digitized economy markedly decrease emissions. Second, both the digital economy and carbon emissions exhibit spatial spillover effects. Within the region, DE has a significant nonlinear spillover effect on CO 2 emissions in the neighboring regions, with the spatial decay boundary of this effect extending up to 380 km. Third, analysis of the impact mechanism reveals that the digital economy mitigates local and neighboring carbon dioxide emissions by adjusting structural deviation. Heterogeneity analysis indicates that the digital economy is more likely to have a carbon emission reduction effect in cities that are not involved in the industrial transfer and those that do not belong to the old industrial base. These findings provide a rationale and policy reference for China to harness the opportunities presented by digital economy development and to achieve the "dual-carbon" goal. [ABSTRACT FROM AUTHOR]

Transnational power cooperation contributes to promoting the large-scale use of renewable energies in Asia, but how to develop the structure of power transmission network deserves careful investigation. This paper thoroughly investigates the structure of power investment and transmission network in China and neighbouring countries, aiming to promote the large-scale use of renewable energies around Asia. Various power-generation and power-transmission technologies are considered in detail, and transnational power interconnection risk cost and carbon emission cost are embedded into a bottom-up optimization model. The future power-generation structures and networks installed under various policy scenarios are analysed in detail, and the corresponding economic, carbon emission reduction and renewable energy consumption benefits are evaluated. The results show that power transmission between China's internal regions and neighbouring countries can save $56.7 billion for the entire power system through the large-scale grid integration of renewable energy. The installed capacities of wind power, solar power, and hydropower renewable energy power generation could be increased by 141 GW, 163 GW, and 58 GW, respectively. The construction of transnational transmission lines from Central Asia to Northwest China, Mongolia to North China, the Russian Far East to Northeast China, and Northeast China to South Korea could effectively promote the utilization of renewable energy in the Russian Far East, Mongolia and Central Asia and further reduce carbon emissions in China, Japan and South Korea. • It examines how to construct a power investment and transmission network in Asia. • Various technologies, risks and costs are considered based on bottom-up model. • Huge benefits exist for power transmission between China and neighbouring countries. • Various power-generation structures and networks installed are analysed in detail. • Suggestions about power investment and transmission are given for Asian countries. [ABSTRACT FROM AUTHOR]

Currently, numerous studies are being conducted on various carbon reduction policies, but their synergies have been poorly investigated. This paper examines the synergistic effect of combining emissions trading schemes (ETS) and energy carbon-content taxes (ECT), using China as a case study. A computable general equilibrium model is used to identify the synergistic effect of these two carbon mitigation policies. The results show that the synergistic effect helps to reduce GDP loss by approximately 5.44 billion CNY, which accounts for 2.83% of the overall GDP losses caused by ETS and ECT. Additionally, the synergistic effect reduces an additional 5.25 million tons of CO 2 emissions and decreases the negative impact on social welfare resulting from the two policies. Although these achievements are commendable, there are costs associated with this synergy. The effect on energy security presents mixed results and leads to increased carbon leakage. Therefore, policymakers should take heed of the potential "cocktail effects" that may arise in their pursuit of carbon neutrality. [ABSTRACT FROM AUTHOR]

Towards the target of carbon neutrality, the need for deep decarbonization in iron and steel industry is increasingly recognized. Existing studies rarely mention the effects of collaboration with its source industries for carbon emission reduction in ISI. Furthermore, the fundamental laws of CO 2 emission reduction capacity with cost change of source substitutions for various steel production routes under market economics are unclear. To avoid the blind substitution of clean sources for meeting the urgent requirements for decarbonization in China's steel industry, which may result in increased carbon emissions and uneconomical carbon reduction from a lifecycle perspective. This paper integrates the production and utilization processes of source resources into the steel production process, establishes coupling models of carbon and value flows for four main types of steel production routes, and aims to quantitatively analyze the specific CO 2 emission reduction potential and costs. Three economic market development scenarios from 2021 to 2060 are set, and the marginal carbon prices of various source substitutions are determined. Subsequently, decarbonization pathways with the goal of minimizing production costs are developed. Finally. The future resource demand and the carbon emission reduction contributions of source industries collaborated are predicted. The results show that (1) about 81.7–89.9 % of CO 2 emissions could be reduced in the scenarios; (2) the demands of electric power and hydrogen energy will reach 54.48–511.90 BkWh and 7.47–10.31 Gt in 2060, respectively; and (3) collaboration with source industries could make 18.3–18.3% of CO 2 emission reduction contributions. All in all, this study could provide scientific support for the low-carbon transformation of China's steel industry. • Carbon and value flows of BF-BOF, Scrap-EAF, DRI-EAF, MOE-EAF routes are analyzed. • CO 2 emission reduction potential with marginal carbon price is determined. • Decarbonization paths during 2021–2060 for China's steel industry are developed. • Quantify the contribution of collaborative carbon reduction with source industries. [ABSTRACT FROM AUTHOR]

Hybrid shared energy storage based on electro-thermal coupling is an economical and effective way to solve the mismatch between the demand and supply of multiple multi-energy microgrids (MEMGs). However, its impact on the environment is often ignored. How to take into account economic development and environmental protection by optimizing its capacity configuration has become a key challenge. From the perspective of economy and environment, this paper explores the comprehensive benefits and capacity configuration of electro-thermal hybrid shared energy storage (ET-HSES) while considering the carbon trading mechanism and the coupling system of power to gas (P2G) and carbon capture system (CCS). Firstly, an energy sharing framework between the ET-HSES and the MEMGs is built. Secondly, a bi-level optimization model is constructed for the optimal scheduling problem of different stakeholders. Thirdly, Karush-Kuhn-Tucker (KKT) optimality conditions and Big-M method are used to transform the bi-level model into a single-level model. The results show that ET-HSES can effectively save the capacity of energy storage equipment, significantly reduce the operating costs and carbon emissions of MEMGs, and improve the income of ET-HSES operator (ET-HSESO). The combination of carbon trading mechanism and coupling system of P2G and CCS can effectively reduce the operating costs and carbon emissions of MEMGs. Meanwhile, it will also reduce the benefits of ET-HSESO. [Display omitted] • The coupling system of P2G and CCS is integrated into the MEMG system. • The energy trading mechanism between ET-HSES and MEMGs is presented. • A solution of the bi-level programming model based on KKT condition is proposed. • Realize a balance between economic development and environmental protection for MEMGs by introducing an ET-HSES. • The benefits of ET-HSESO are reduced by combining the carbon trading mechanism and coupling system of P2G and CCS. [ABSTRACT FROM AUTHOR]

Carbon peaking and carbon neutrality goals are proposed by the Chinese government, which aims to reach the highest level of CO 2 emissions by 2030 and achieve carbon neutrality by 2060. It is of great significance to accelerate green production and lead high-quality development. Energy carbon emissions account for 88% of total CO 2 emissions, while forest carbon sequestration account for 80% of China's terrestrial ecosystems. In this paper, we analyzed the spatial and temporal evolutions of industrial energy consumption carbon emissions and forest carbon sequestration of Hubei Province, then demonstrated the offsetting effect of forest carbon sequestration on the industrial CO 2 emissions. Our results documented energy carbon emissions and forest carbon sequestration in Hubei Province both increased from 2000 to 2020, with the growth rates of 4.9423 Mt/yr and 0.28015 Mt/yr. Forest carbon sequestration could offset energy carbon emissions before 2005, while the offsetting effect was weak due to the continuous increase in industrial energy consumption after 2005. Significant spatial heterogeneity was observed in both energy carbon emissions and forest carbon sequestration. Wuhan had the biggest carbon emission with annual average carbon emission of about 20.046 Mt, while Enshi had the biggest carbon sequestration with annual average forest carbon sequestration of about 14.411 Mt. Spatial autocorrelation between energy carbon emissions and forest carbon sequestration was significant in Hubei Province in the past two decades. Our findings provided evidence that local-scale forest carbon sequestration could offset carbon emissions caused by industrial energy consumption at a certain extent, helping to draw up the scientific energy-saving and emissions-reducing measures. [Display omitted] [ABSTRACT FROM AUTHOR]

Meeting energy needs and ensuring ecological sustainability are important tasks for policymakers. In particular, changing the energy mix used in daily electricity generation can have a major effect on ecological conditions, and this is a previously neglected research topic. Therefore, this paper aims to investigate the influence of daily electricity generation from nuclear power and renewables on the achievement of carbon neutrality targets in the four largest nuclear power countries (i.e., the U.S., China, France, and Russia). The study applies the wavelet-transform coherence (WTC), quantile-on-quantile regression (QQR), and Granger causality in quantiles (GCQ) approaches for the period from January 2, 2019 to December 29, 2022. The outcomes present that electricity generation from nuclear energy reduces carbon (CO 2) emissions only in Russia, while hydropower generation does not contribute to CO 2 emission reduction in any country. Solar electricity generation decreases CO 2 emissions in different quantiles in the U.S. and Russia, while electricity generation from wind power reduces CO 2 emissions in the U.S. and France. The empirical outcomes also reveal that expanding solar, wind, and nuclear power in the energy mix can enhance the potential of the U.S., France, and Russia to achieve carbon neutrality and secure a sustainable future. However, China is using nuclear and renewables inefficiently regarding carbon neutrality. Therefore, the empirical evidence for China is highly controversial compared to former studies. [Display omitted] • The study examines renewable and nuclear electricity effect on carbon neutrality. • The study focuses on top four major nuclear power countries. • The study applies nonlinear approaches by using high-frequency (daily) data. • Renewable and nuclear electricity have time, frequency, & quantile-varying effect. • The best electricity source change according to each country. [ABSTRACT FROM AUTHOR]

Carbon emission trading, a market-incentive environmental regulation, plays a critical role in leading China towards the carbon peaking and carbon neutrality. To improve the national carbon emission trading in China, we analyze the effects of the policy in pilot provinces and pilot A-share listed firms from 2008 to 2016. Particularly, to explore the pilot policy's environmental and financial impacts, this paper applies a difference-in-difference method. After the robustness check, the results confirm the carbon emission trading pilot's significantly positive impact at both firm- and province-level regarding carbon emission reduction. Meanwhile, corporate innovation seems to partially mediate the relationship between the policy and corporate carbon emission reduction. Plus, the policy promotes firms' market-based financial performance but such impact on accounting-based financial performance is insignificant. Ultimately, the operational mechanism of the policy is proved to be effective. In this paper, industry- and firm-level carbon emissions databases are established via environmental extended input-output table, which fill the research gap of China's firm-level carbon emissions. To ensure the reliability of results, the list of covered firms is sorted out manually in accordance with the disclosed data of seven carbon trading markets. Our results are meaningful for avoid productivity reduction and mechanism re-design in the context of the national carbon emission trading launched in 2021. Specifically, encouraging firms to further improve their productivity and competitiveness by innovation could eventually achieve a win-win situation between economic performance and environmental merits in the long run. [ABSTRACT FROM AUTHOR]

Promoting low-carbon development in the iron and steel industry (ISI) is essential for China to achieve the carbon neutrality targets. This paper separately adopts the Logarithmic Mean Divisia Index (LMDI) technique and the Mean Impact Value (MIV) method to analyze the impact of driving factors on the CO 2 emissions of ISI in the historical and future dimensions. Furthermore, this paper establishes the extreme learning machine model optimized by the bat algorithm (BA-BP) to explore the carbon emission reduction pathways of ISI in the business-as-usual (BAU) scenario, the low-speed, medium-speed and high-speed development scenarios considering the constraints of carbon neutrality targets. The results reveal that: (1) Production capacity and energy efficiency are important drivers of CO 2 emissions in ISI; (2) The emission reduction situation is not optimistic under the BAU scenario, and it is difficult to accomplish the carbon neutrality goals by 2060; (3) Under the most ideal emission reduction pathway (corresponding to the high-speed development scenario), ISI will reach its peak in 2022 with the peak value of 2143.42 MtCO 2. Compared to the peak year, the CO 2 emissions will be reduced by 654.69 MtCO 2 and 1558.61 MtCO 2 in 2030 and 2050, respectively. Moreover, the achievement of short-term and long-term emission reduction targets depends on production capacity decline and technological progress, respectively. The optimal emission reduction pathway provides a reference for ISI to formulate periodic emission reduction targets. • The improved extreme learning machine is employed to predict the carbon emissions. • The emission reduction pathways are explored under the carbon neutrality target. • Controlling production capacity is a crucial reduction strategy. • The energy rebound effect is supposed to be weakened. • The application of advanced technologies will greatly promote emission reduction. [ABSTRACT FROM AUTHOR]

The digital economy is of great significant for carbon emission reduction. To estimate the impact on carbon emissions of digital economy, this paper conducts nonlinear analysis with the combination of spatial DURBIN model (SDM) and panel threshold model (PTM). Moreover, this paper decomposes the carbon emissions reduction effect into direct part and spatial spillover part, further analyzes the action mechanism from the perspective of technology progress, energy use and industrial structure. The empirical results indicate that the digital economy and carbon emissions have inverted U-shaped relationship. Similarly, the spatial spillover effect of digital economy on carbon emissions is also inverted-U shape. The digital economy increases first and then reduces the carbon emissions. The robustness tests and endogenous analysis both support above conclusions. Compared with the indirect effect, the direct effect of digital economy on carbon emissions is significantly greater. Moreover, the long-term effect of digital economy on carbon emissions is greater than the short-term effect. The impact of digital economy on carbon emissions exists regional heterogeneity. Different from the eastern and central regions, the digital economy in western region promotes carbon emissions monotonically. The impact of digital economy on carbon emissions faces significant resource endowment thresholds, urban scale thresholds and innovative capability thresholds. The increase of energy use and non-green technology progress are the main paths to influence local carbon emissions in short term, while the green technology progress and industrial structure upgrade become dominant paths in long term. The active demonstration of industrial structure upgrade and technology spillovers drive the spillover effect of digital economy on carbon emissions in long term. This paper suggests that, the realization of carbon peak and carbon neutral needs to strengthen the digital economy and promote the regional cooperation in environmental governance. The green integration of digital economy and traditional industries is of great significant for carbon emission reduction. [ABSTRACT FROM AUTHOR]

Global warming caused by the excessive combustion of fossil fuels has become the focus of the international community. China's carbon emission reduction policy plays a vital role in international climate change, carbon emission neutrality and domestic environmental pollution control. This paper summarises the progress of China's Emission Trading Scheme (ETS) pilots from 2011 to 2021, including trading volume, carbon emissions price, and the effect of carbon emission abatement. By calculating the carbon emissions intensity decrease rate of China's ETS pilot and non-pilot regions, the ETS and carbon emissions tax are compared in terms of emission reduction effectiveness, emission reduction cost and implementation resistance to provide theoretical support for the Chinese government to select and develop carbon emission reduction tools. The development of the Clean Development Mechanism in China is also compared with China Certified Emission Reduction (CCER), and the offsetting rules of CCER are summarised. After the whole analysis and assessment, the results show that from 2013 to 2018, the average carbon emissions intensity decline rate in the ETS pilots was 7.3% and that in non-pilots was 4.29%. Some problems of China's carbon emissions trading market are also concluded. The trading volume is small (only 43.4 × 106 t in 2020) and is discrepant greatly in the different ETS pilots. The carbon emissions price is low (only 33.45 Yuan/t in 2020), with high volatility and large price differences among the ETS pilots. Based on the existing problems, this paper proposes some suggestions for improving China's emission trading market and provides theoretical and decision-making support for promoting carbon emission reduction and neutralisation for China. [Display omitted] [ABSTRACT FROM AUTHOR]

In the process of low-carbon transformation of power system in China, providing enough flexible service from coal-fired power units (CFPUs) is one of the most crucial answers to reduce or even avoid the operation risk which is caused by large-scale expansion of variable renewable energy (VRE). To spur CFPUs release flexibility, this paper suggests a two-stage optimal model, taking into account various peaking compensation mechanisms (VPCM) in a day-ahead power and carbon emissions trade (CET) joint market. Pre-clearing is the first stage, which maximizes social welfare, and formal clearing is the second stage, which maximizes the profit of the coal-fired power system. In contrast to the existing fixed peaking compensation mechanism (FPCM), the variable and fixed costs associated with providing peaking regulation are calculated by the VPCM. In addition, the work considers the CET market as an external carbon emissions constraint and internal constraint and no constraint are set to study the effectiveness of the current CET market. The result indicates that the VPCM can adapt more successfully to the cost of CFPUs when providing peaking regulation and increase the profit of the coal-fired power system. Then, "VPCM + external carbon constraint" enables larger profits for coal-fired power systems, whereas "FPCM + internal carbon constraint" stimulates VRE integration and reduces carbon emissions. Finally, the current CET market mechanism is insufficient to support coal-fired power plants in reducing carbon emissions as VRE rises. • This research aims to make following contributions: • A two-stage optimization model for coal-fired power system is constructed. • VPCM is proposed in electricity-carbon emissions joint market. • Various carbon constraints are tested to discover the existing problems of the CET market. • Explored the policy mix suitable for coal-fired power system at various VRE penetration. [ABSTRACT FROM AUTHOR]

Achieving carbon neutrality is the ultimate goal of the global economy. By leveraging Internet of Things (IoT) technology to gather users' data, smart home devices can effectively achieve energy conservation and reduce carbon emissions. The strategic allocation of investment by smart device producers towards environmentally-friendly functionality and choosing the optimal sales mode have emerged as significant research questions. Addressing consumer concerns regarding data privacy sensitivity, this paper presents a game-theoretical model, involving manufacturers, e-commerce platforms, and consumers, to explore the intricate dynamics among investment in smart environmental functionality, sales mode selection, and pricing strategies. The results indicate that manufacturers consistently benefit from such investments. If the number of data-sensitive consumers is considerable, manufacturers will subsidize the platform to encourage the purchase of smart devices, thereby gaining from cross-selling opportunities. When the commission ratio is low, the equilibrium strategy shifts from the agency selling mode to wholesale pricing one, in response to the advent of investments in smart environmental functionality. Furthermore, the commission ratio, consumer perceived environmental value, and unit carbon emissions collectively impact social welfare. This study offers valuable theoretical insights for manufacturers in making informed decisions regarding pricing strategies and sales mode selection, by analyzing the interplay between profit margin and cross-selling income resulting from demand expansion. [ABSTRACT FROM AUTHOR]

Under the goal of "carbon peaking" and "carbon neutrality" in China, it is significant to explore whether green finance contributes to carbon emission reduction. Therefore, based on the panel data of 30 provinces in China from 2005 to 2020, this paper empirically examines the impact of green finance on carbon emissions and its mechanism using the FE model, GMM model, DID, and the mediating effect model. Results find that green finance can significantly promote carbon emissions reduction, and this promotion remains still after robustness tests. The heterogeneity analysis shows that green finance's carbon emission reduction effect is more significant in developed and western regions. Moreover, the results of policy intervention effects confirm that green finance reform and innovation pilot zones (GFRIs) for carbon emission reduction are more pronounced than in other regions. Finally, the mediating effects reveal that industrial structure and green innovation are the core transmission channels through which green finance influences carbon emission reduction. These findings offer meaningful implications for formulating reasonable carbon emission reduction plans and determining the future development direction of green finance. [ABSTRACT FROM AUTHOR]

This paper presents an energy-sharing market coupled with carbon emission trading to quantify peer-to-peer energy-sharing markets' economic and environmental influences. We establish a bi-level peer-to-peer energy sharing market considering the interaction between energy prosumers and the system operator. An interaction algorithm and generalized Nash game are thus applied in this work. With the simulation results, we find that the daily disutility of provincial systems is reduced by about 7 ¥ when time-of-use electricity rates are applied. This pricing strategy can encourage prosumers to participate in energy-sharing transactions. The subsidies of electricity rates, carbon prices, and renewable energy investments can improve the social welfare of the whole system. Considering the development of power generation technology and emission reduction targets, the change of optimization parameters in the next 30 years is analyzed in the example. It can be concluded that the total CO2 emission in 2050 will be reduced to almost half of that in 2020 in the energy-sharing markets. The subsidy of renewable energy generation and stricter CO2 emission constraints may accelerate the reduction of carbon emissions. [Display omitted] • It is the first time to assess the environmental effect of peer-to-peer energy trading with actual data. • We analyze the peer-to-peer energy trading impacts on the carbon emission amount in China. • We compare the market participants' revenue and CO2 emission considering the different scenarios. • We develop a bi-level coupled emission right trading market to verify whether total emission is reduced. • The development of technologies and various energy structures are considered quantitatively. [ABSTRACT FROM AUTHOR]

The construction industry is one of the most energy-intensive industries in China, which contributes to high carbon emissions and hinders efforts to reduce the emissions. The high energy consumption and emission have seriously constrained the growth of low carbon economy in China's construction industry. And reducing the carbon emission from construction industry (CECI) has become the key to sustainable development and the achievement of "double carbon target". The paper firstly decomposes the main influencing factors and calculates their effects by LMDI model. Then, the Tapio decoupling index is used to explore the decoupling relationship between carbon emissions and economic output. Finally, the spatial-temporal evolution of carbon emissions is analyzed through spatial autocorrelation theory. The results show that the carbon emissions from construction industry are highly increased by the construction employment rate (EM), and may be reduced by the energy intensity (EI) and carbon emission efficiency (CI). And the regions with better decoupling status are the eastern and central regions, which have relatively developed construction industry. Moreover, the spatial-temporal characteristic of carbon emissions is "high in the east and low in the west, high in the south and low in the north," showing obviously regional differences. [Display omitted] • Factors about production technology are taken into account, reflecting the characteristics of the construction industry. • Developed regions have better decoupling potential and more responsibility for CO 2. • The spatial distribution is "high in the east and low in the west, high in the south and low in the north". • The provinces in a region have similar decoupling status and carbon emission distribution. [ABSTRACT FROM AUTHOR]

The carbon peaking and carbon neutrality strategy have become China's national strategy. Given the significant regional differences in China, the Chinese government has proposed "one policy for one province" guiding principle for carbon emission reduction. This study takes Tianjin as a representative of "a province-level city with high degree of industrialization and prominent emerging industries", and Gansu Province a representative of "a province with a low degree of industrialization but the potential for green energy". Using the integrated modeling frameworkthis study conducts a comparative analysis of the hidden flows generated by inter-provincial inward and outward transfers and extracts a feasible model for carbon neutrality transformation. The study also focuses on carbon emission, GDP changes, carbon hidden flow change in trade and carbon emission reduction path. By comparing the results, this study identifies the mechanism of the industrial spillover effect and carbon emission spillover effect between the two regions. Then it concludes the "cross-regional transfer mode of high-carbon industries" of industrial carbon neutral transformation: more carbon emission allowances are allocated to developing regions represented by Gansu Province, implement regionally differentiated carbon emission reduction constraint policies, and achieve industrial spatial transfer through more inter-provincial transfer. The paper found that in implementing a regionally differentiated carbon emission reduction constraint policy (DE scenario), the transfer of high-carbon industries can achieve the "superposition effect" through inter-provincial transfer. Accordingly, three carbon policy mechanisms for cross-regional transfer of high-carbon industries are summarized. [Display omitted] [ABSTRACT FROM AUTHOR]

Ethylene industry contributes significantly to the world economy, but the conventional steam cracking based production process generates huge amount of CO 2 emissions due to massive use of fossil fuels for power and heat supply. Deploying technologies of carbon capture, utilization and storage (CCUS) and renewable energy is urgently necessary to steer the emission-intensive ethylene industry towards carbon neutrality. To attain this goal, this paper proposes a low-carbon ethylene production system with the joint deployment of CCUS, wind turbine, solar heat collector, electric boiler and thermal energy storage technologies. Energy, economic and CO 2 generation/reduction performance models of each equipment are developed first. Based on which, a mixed-integer liner programming framework is constructed to find the optimal capacity configuration and coordinated operation scheme of the multiple devices, laying a foundation for the reliable, economical and low-carbon operation of the integrated system. Case studies on a practical ethylene production system demonstrate that the proposed low-carbon retrofit leads to 57.50% CO 2 reduction at the expense of 15.92% total annual cost increase. Discussions are then carried out to investigate the effects of different decarbonization routes, the impact of carbon emission trading price, the approach to promote the deployment of CO 2 hydrogenation to methanol, and the advantage of taking carbon capture as flexible load, through which, broader insights are provided for the low-carbon transformation of the ethylene industry. [Display omitted] • Decarbonization of ethylene plant by deploying renewable energy and carbon capture. • Optimal capacity configuration of the low-carbon ethylene production system. • 57.5% CO 2 emission is reduced at expense of 15.92% annual cost increase. • Flexible operation contributes to the economic and low-carbon operation. • Discussions are conducted to give insights on decarbonization of ethylene industry. [ABSTRACT FROM AUTHOR]

Carbon emission trading mechanism is an important market-based instrument to address global climate change. The auction ratio and price of carbon emission allowances (CEA) are cores of the carbon emission trading mechanism. What combination of CEA auction ratio and auction price is most conducive to carbon emission reduction for emission control enterprises? There are still relatively few studies conducted on this issue, and there is no clear answer from the views of theory and practice. In this paper, the AIM/Enduse model was used to analyze the changes and differences of installed power capacity, power supply, energy consumption and carbon emissions in the Guangdong-Hong Kong-Macao Great Bay Area (GBA) with different combinations of CEA auction ratios and prices. Moreover, the best pathway of energy transition was explored in the power industry of the GBA, and the best combination of CEA auction ratios and prices was identified in the GBA. The results show that: (1)The carbon emission constraint starts to work only when the auction ratio of CEA is increased to 50% and the auction price is increased to 60 CNY/ton (Scenario p 3). When the auction ratio of CEA is 100% and the auction price reaches 120 CNY/ton (Scenario p 5), a low-carbon transition of the power sector in the GBA can be achieved. (2) Under scenario p 5 , the total cost of power transition rises and then falls. And the cost of carbon in the power sector increases exponentially as the auction ratio of CEA and the auction price rise. However, the growth in the cost of power supply is relatively flat, which shows that appropriate carbon trading mechanism can improve the economic benefits of power sectors. With the increase of installed capacity of clean low-carbon energy generation and power supply, as well as the decrease of local power cost in the GBA, the proportion of outsourcing power can be appropriately reduced in the future, with an aim to reduce the external dependence of electricity to ensure the security of energy supply. In the end, it suggests that cities in the GBA should give full play to their regional advantages and establish a unified carbon emission trading market in the GBA as soon as possible. This study provides a theoretical basis for the supplementation and improvement of China's carbon emission trading mechanism. • What is the best combinations of CEA auction ratios and auction prices in the GBA? This paper gives a clear answer. • The best transition pathway of the power industry under technological progress and carbon trading policy was suggested. • With the decrease of local power cost, the proportion of outsourcing power can be appropriately reduced in the future. • Provides a theoretical basis for the supplementation and improvement of China's carbon emission trading mechanism. [ABSTRACT FROM AUTHOR]

"Carbon Peaking and Carbon Neutrality" is one of the important tasks of China's current and future economic construction and development, but the carbon emission reduction effect of High-speed rail (HSR) has not yet been fully studied. In this paper, based on the panel data of 274 cities in China from 2003 to 2016, we take the opening of HSR in the cities as a "Quasi-natural Experiment", and construct the Multi-period Difference-in-Difference Model to explore whether the opening of HSR can reduce carbon emissions of cities along the route, and use the mediating effect model and moderating effect model to further analyze its internal mechanisms. We find that:①The opening of HSR can significantly reduce the carbon emissions of cities along the route, and the opening of HSR in a city will reduce the carbon emissions of the city by about 2.4% on average, and this carbon emission reduction effect usually manifests significantly in the first year after the opening of HSR, and increases year by year thereafter.②The mechanism test shows that the traffic substitution effect, the optimization of the industrial structure and the promotion of economic agglomeration have partial mediating effect on the influence between the opening of HSR and urban carbon emissions. In addition, the increase in the intensity of government environmental regulations can strengthen the effect of the opening of HSR on reducing urban carbon emissions.③The regional heterogeneity research shows that the opening of HSR has a more significant impact on the carbon emissions of cities in the eastern coastal region and western region of China. Moreover, in the western region, the reduction effect of the opening of HSR on carbon emissions is only reflected in the key cities rather than ordinary prefecture-level cities. This paper provides certain reference significance for promoting low-carbon and green economy and helping China to achieve the "Carbon Neutrality" climate action goal. [ABSTRACT FROM AUTHOR]

With the general recognition of the awareness of carbon neutrality, economic development growth momentum for carbon neutrality scenario has become research focus. This paper introduces the carbon neutrality double input level based on the perspective of the initiative, consciousness, and self-discipline of firms and residents to practice green low-carbon behavior. By constructing a balanced economic system of green low-carbon behavior, this paper explores the new endogenous growth power in production and consumption, and finds that there exists a carbon neutrality realization regulation of green low-carbon behavior in the new system. Based on the penetration capacity of green low-carbon behavior, this paper studies the endogenous growth law of economic system driven by the evolution of carbon neutrality double input level. The production and consumption processes are considered in the new economic system in this paper, the production of green low-carbon goods is considered in the production sector and the technical equation under carbon neutrality double input level is studied, the consumption process of green goods affected by environment and carbon emissions is considered in the household, then the household utility function is constructed, and the new growth rate is obtained. Using carbon emissions growth rate of green low-carbon goods and its relationship with absorption rate derive the carbon neutrality realization regulation. Then the general equilibrium solution and growth rate under endogenous growth driven by carbon neutrality double input level are also obtained. Furthermore, the carbon neutrality effects which are the endogenous effect of carbon neutrality double input level and the effect of carbon neutrality realization regulation are obtained by numerical simulation and empirical analysis. [ABSTRACT FROM AUTHOR]

Global warming can be solved with carbon trading. When carbon emissions become a commodity, it can be a powerful motivator for companies to optimize production capacity and innovate technologically. The goal of this paper is to examine the way in which China's carbon emissions trading policy (CET) influences firm technological innovation in seven pilot regions, using a sample of firms in eight high-carbon industries. We employ difference-in-difference (DID) as well as DID-based propensity score matching (PSM-DID) models to investigate the influence of China's carbon emission policy on firms' technological innovation by using 4745 observations of 749 A-share listed firms in eight high-carbon industries in mainland China from 2007 to 2021. According to the findings, China's CET policy significantly boosts firms' technological innovation, and this beneficial effect persists even after a series of robustness tests that change the policy's implementation year and the technological innovation measure. Further analysis shows that this positive effect is heterogeneous across high-carbon industries and firms with different ownership. In addition, based on the external governance perspective, we find that CET policy performs better in firms in high-carbon industries with a sizable portion of ownership held by institutional investors. This study suggests the effectiveness of CET policy in promoting firms' technological innovation, confirms empirical evidence for Porter's hypothesis, and provides a basis for Chinese firms to achieve their emission reduction targets by improving technological innovation. [ABSTRACT FROM AUTHOR]

Under the current technical conditions and power mix in China, flexible modified thermal power units must provide enough flexibility resources for new power system since the potential of flexible resource has not been fully used. In this paper, a bi-level model is proposed to characterize the decision behavior of the generation company in the case of individual rationality and generation-side coordination. The model fully considers the concrete conditions of China and the technical differences between thermal power units in the multi-market (including energy, ancillary services and carbon emission trading market). The bi-level model could be reconstructed into an equivalent MILP model which can be solved directly. The strategic bidding behavior of small capacity units in the energy market show the urgency to enhance the transmission of deep peak regulation price compensation signals. The coupling of multi market is likely to be the most effective policy package to guide large-scale units to play a supporting role and small-scale units to assume the regulating function to play a role in the transition to a low-carbon future. Long-term policy mechanisms should be developed, combining electricity transition with the mechanisms in the carbon emission trading market to achieve the integral maximization of environmental benefit. • A bi-level model coupling energy, ancillary services and CET market is proposed. • A clearing model from the perspective of system integral orientation is proposed. • The technical differences of coal-fired power units are fully considered. • The analysis results provide policy implications tailored to the Chinese context. [ABSTRACT FROM AUTHOR]

China has a high agricultural output and is a significant carbon emitter; thus, reducing carbon emissions in the agricultural sector is crucial for achieving carbon neutrality. To address this, China implemented the National Agricultural Sustainable Development Experimental Demonstration Zone policy in 2018, in which reducing agricultural carbon emissions (ACE) is a subject of concern. We explore the impact of the policy on agricultural carbon emissions reduction (ACER) using the propensity score matching and differences-in-differences (PSM-DID) methods with a series of robustness tests based on the panel data of prefecture-level cities in China from 2011 to 2020. The results indicate that: (1) the policy significantly reduces carbon emissions and impacts carbon emission sources, with the results passing the robustness tests. (2) According to the mechanism test, agricultural financial support mediates carbon emissions reduction, and the policy reduces these emissions by decreasing the intensity of fiscal support. (3) The heterogeneity analysis illustrates that the carbon emissions reduction effect is more evident in cities with a small urban-rural income gap and a high proportion of agricultural output value. Finally, we provide suggestions to reduce carbon emissions from the perspective of national and local governments. This paper is particularly relevant for achieving sustainable agriculture development. [ABSTRACT FROM AUTHOR]

As China's largest source of carbon emissions, the power sector's transition to lower levels of carbon emission intensity is critical to achieving China's carbon emission (CE) reduction commitments. In this paper, the CE intensity of electricity generation (CEIE) in 30 provinces from 2000 to 2019 is calculated, and the temporal evolution and spatial distribution characteristics of CEIE are discussed. Then, the spatial spillover effect of each driving factor on CEIE is calculated using the spatial Durbin model. The CEIE reveals a first increasing and then decreasing trend, and the regional differences gradually decrease. Simultaneously, the CEIE has a significant positive spatial correlation, and the overall spatial distribution pattern is high in the northeast and low in the southwest of the country. Economic development and foreign trade both inhibit CEIE, while electricity consumption, research and development, unit operation level, and power structure all promote CEIE. Each driving factor's influence on regional CEIE exerts a spatial spillover effect. Among them, the spatial positive spillover effects of industrial structure and environmental protection investment are the most obvious, while the spatial spillover effects of other driving factors are not apparent. Furthermore, these findings provide practical insights into policy adjustments and the coordinated interregional development of low-carbon electricity. [ABSTRACT FROM AUTHOR]