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

The increase of carbon emissions accelerates global warming and causes environmental problems. Therefore, research on emission peak and carbon neutrality is of broad interest. In this paper, based on the relationships among carbon emissions, carbon absorption and urban population growth, a delayed differential equations model is established. Then, we analyze the existence and stability of a positive equilibrium point of the system and substitute the data for simulations. Eventually, according to theoretical analysis and numerical simulations, some suggestions for China to achieve the goal of emission peak and carbon neutrality are given. [ABSTRACT FROM AUTHOR]

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

To avoid the potential adverse impacts of climate change from global warming, it is suggested that the target of net zero emissions should be reached by this mid-century. Thailand is aiming to achieve carbon neutrality by 2050. Since electricity generation is one of the largest producers of carbon dioxide emission, the associated emissions must be greatly reduced to achieve the targets mentioned above. Thus, new generation expansion plans must be well developed. This paper discusses the development of generation expansion plans considering Thailand's latest policies along with enhancement of the existing multi-period linear programming model, allowing new electricity generation technologies having low emissions, e.g., solar PV with battery and hydrogen blending in natural gas, to be integrated into generation expansion planning. Then, four generation expansion plans with different levels of hydrogen blending in natural gas are proposed and discussed. It is found that Thailand can achieve carbon neutrality by 2050 by promoting more use of renewable energy altogether with trade-off between land for solar PV installation and amount of hydrogen blended in natural gas. The lesson learned from this study provides crucial information about possible pathways to achieve carbon neutrality in the electricity sector for policy makers in other countries. [ABSTRACT FROM AUTHOR]

To combat global warming, "carbon neutrality" has gradually become a consensus. Some countries have constructed domestic and regional carbon trading markets, and links to global carbon markets are receiving increasing attention. Blue carbon, an important component of nature-based solutions (NbS), has not received the attention it deserves and is still isolated from the carbon trading market. Based on summarizing the existing achievements of blockchain application in carbon trading, this paper analyzes how to make each participating body provide services in the process of blue carbon production, circulation and trading, and designs the architectural diagram of the blue carbon system under peer-to-peer (P2P) transactions based on the theoretical framework of blockchain 3.0. Utilizing the advantages of decentralization, high transparency and non-tamperability of blockchain, we can realize a highly efficient, low-cost and intelligent blue carbon trading management system. Thus, we can make the world pay more attention to the development and utilization of marine resources and increase investment in blue carbon sink projects; and promote the development of blue carbon market, enrich the carbon trading market, and help achieve "emission reduction without reduction in production". [ABSTRACT FROM AUTHOR]