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Energy quota trading is critical to both energy conservation and the achievement of dual-carbon goals. However, little remains to be done on total factor productivity and economic potential for Chinese industry. The purpose of this paper is to counterfactually model and explore the effects of energy quota trading on total factor productivity and economic potential in industrial sector. We propose a command-controlled DEA model and an energy quota trading DEA model through non-parametric linear programming based on two policy strategies of energy consumption control. We then assess total factor productivity and its growth sources for 35 two-digit industrial sector in China, as well as examine economic potential and optimal path forecasts for carbon peaking. The results show that total factor productivity and economic potential for energy quota trading are higher than those for command-controlled energy policy. Energy-saving effect can be achieved for energy quota trading because the total energy input is lower. Additionally, the sources of productivity growth differ in timing. The average economic potential and total factor productivity of different industries differ due to the heterogeneity of the production conditions and scale of development of individual market players. Moreover, the catch-up emission reduction path with an increase of 8% in output and 4.76% in energy consumption is the optimal carbon peaking path under energy quota trading. Our findings shed valuable light on China's efforts to expand energy quota trading for high-quality development in the context of carbon peaking. • Propose a command-controlled DEA model and an energy quota trading DEA model. • Assess TFP and its growth sources for industrial sector in China. • Compare the impact of different energy policies on economic potential and TFP. • Estimate the energy saving and emission reduction potential of energy quota trading. • Examine the optimal energy-saving and emission-reduction path forecasts for carbon peaking.. [ABSTRACT FROM AUTHOR]

Continuous growth of energy consumption for metro systems has raised the public's concern. Meanwhile, both operators and passengers pursue for efficient metro services, especially during peak hours. This paper aims at designing a bi-objective optimization model and a new solution approach so that the energy conservation of metro trains and less passenger waiting time can be achieved. Firstly, considering complex routes, a multi-particle train operation model with the objectives of punctuality, parking accuracy, energy efficiency and safety provided is established for the minimization of traction energy consumption through investigating the optimal force coefficients and coast positions, while suitable dwell times and headway times of metro trains are found trough building a timetable model, which balances the regenerative energy, transfer and non-transfer passenger waiting time. Secondly, a deep reinforcement learning (DRL) and non-dominated sorting genetic algorithm II (NSGA-II) based two-layer solution approach is introduced for model calculation. Finally, comparison shows that the proposed model can achieve the energy conservation of metro trains by 9.16% with passenger waiting time decreased by 15.88%. More experiments further demonstrate the superiority of the developed model and solution approach. [Display omitted] [ABSTRACT FROM AUTHOR]