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After the carbon peaking and carbon neutrality goals were proposed, different institutions and scholars carried out research on China's medium- and long-term mitigation pathways. Through the literature review of China's research on carbon neutrality, this paper finds that the zero-carbon energy transition is the key to achieving carbon neutrality. The main driving factors of reducing energy-related carbon emissions include the cleanliness of primary and secondary energy supply systems, the electrification of energy consumption and the development of hydrogen energy, energy efficiency improvement, carbon capture and storage (CCS), and negative emissions. Furthermore, based on the literature, this paper conducts a quantitative comparative analysis, and selects key indicators for comparative analysis and summary from seven dimensions, including economic and social development, carbon emission pathways, primary energy consumption, final energy consumption, final hydrogen energy consumption, electricity demand and supply, and installed capacity and structure of power generation. Main conclusions are as follows: (i) In terms of carbon emission pathways, the institutions generally believed that China will peak carbon emissions around 2028 and achieve carbon neutrality between 2050 and 2060. Achieving net-zero or near-zero emissions first in the power sector is the key to carbon neutrality across the society; (ii) In terms of energy supply, it is a consensus to increase the proportion of clean energy and reduce carbon emissions from the source. The proportion of clean energy in primary energy will increase to more than 85%, and the proportion of clean energy power generation and installed capacity will reach more than 90%; (iii) In terms of energy use, electricity will become the core of final energy consumption in the future. The predicted electricity consumption across the society will range 14.3–18.4 PWh, and the predicted electrification rate will exceed 65%. [ABSTRACT FROM AUTHOR]

Now, China has made it clear that it will strive to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060 (the "dual carbon" goals), based on the logic that carbon peaking is a prerequisite for carbon neutrality. The year 2021 is the first year of China's 14th Five-Year Plan period. As the main battlefields to achieve the "dual carbon" goals, cities are also required to build on their pathways towards such goals under new conditions. Based on the progress China has made with pilot cities for low-carbon development and the discussion on 60 cities by category, this paper identifies the commonalities and differences between Chinese cities' pathways towards carbon peaking, and concludes that Chinese cities need to peak their carbon emissions in an organized and step-wise way on the basis of classification and according to their own development level and emission characteristics. In light of the above conclusion, this paper provides feasible suggestions for Chinese cities' carbon peaking. [ABSTRACT FROM AUTHOR]

China's automotive industry has been dedicated to a series of carbon-reduction efforts and has strived for comprehensive green and low-carbon transformation in order to achieve carbon peaking and carbon neutrality goals. On the basis of automobiles' whole life-cycle (WLC) carbon emission accounting, this paper calculates life-cycle carbon emissions per vehicle, proposes green and low-carbon development path for China's automotive industry, quantifies and analyzes implicated carbon-reduction potential, and puts forth suggestions for high-quality green and low-carbon development of China's automotive industry. The first is to establish a sound standard and data management system; the second is to promote research, development and application of low-carbon materials and low-carbon technologies; the third is to accelerate the pace of fostering a new consumption model in the automotive industry. The research results can further support national policy-making regarding carbon emissions, promote corporations' research, development and application of low-carbon technologies, encourage green and low-carbon consumption, and lead the automotive industry to achieve WLC neutrality. [ABSTRACT FROM AUTHOR]

By adopting the consumption-based accounting (CBA) method of carbon emissions based on national carbon intensity (NCI), using the International Trade Centre (ITC) database, the Emissions Database for Global Atmospheric Research (EDGAR), and the World Bank database, and taking 13 countries and regions including the European Union (EU) countries and the United States (US) as research samples, this paper conducts an accounting of the embodied carbon in trade between China and other major economies in the world, clarifies the responsibilities China has taken for foreign consumption-based carbon emissions, and analyzes the various driving factors of China's embodied carbon in exports. The findings are as follows: (i) Most of the developed economies have higher consumption-based emissions than production-based emissions, which is contrary to most of the developing economies, with developing countries bearing responsibilities for 15–20% of the consumption-based carbon emissions for developed countries; (ii) the carbon emissions of countries and regions are closely related to the embodied carbon in trade, with a correlation coefficient of 0.96. (iii) China has taken responsibility for a large amount of carbon emissions from foreign consumer demand, most of which are from the US, the EU, ASEAN, and Japan, respectively accounting for 3.8%, 3.5%, 2.3%, and 1.2% of China's production-based carbon emissions in 2019; (iv) technique effect is the main driving factor for China's embodied carbon in trade, while the specific driving factors vary by industry. Based on the above analysis, it is suggested that China should: (i) consider the trade factor in its efforts to achieve carbon peaking and carbon neutrality; (ii) adopt differentiated measures to reduce trade-related emissions for specific industries; (iii) fully consider China's demand for carbon peaking and carbon neutrality in international negotiations; (iv) give more support to the research on and measurement of consumption-based carbon emissions. [ABSTRACT FROM AUTHOR]

This paper summarizes the new progress in building China's national carbon market since 2020, and analyzes the connotation of China's carbon peaking and carbon neutrality goals ("dual carbon" goals) and its significance to socio-economic development in China. Through case analysis, this paper expounds the role of China's recent carbon trading activities in promoting the transition toward green and low-carbon socio-economic development. On that basis, this paper conceives a top-level design for building the national carbon market that serves the "dual carbon" goals: building and improving the national carbon market that fundamentally serves as an emission reduction tool, developing the institutions and systems of the national carbon market with a focus on emission cap, creating a multilevel and diversified carbon trading scheme centered on the national carbon market, exploring a mechanism that takes carbon emission reduction as the core and promotes the synergistic effect of the carbon market with other environmental rights trading markets, and pursuing the healthy and orderly development of carbon finance that aims to serve carbon emission reduction. [ABSTRACT FROM AUTHOR]

China's declaration to the international community to peak CO2 emissions before 2030 and achieve carbon neutrality before 2060 is of great significance in advancing the objectives of the Paris Agreement, and has a positive and far-reaching impact on China's high-quality development. This paper expounds on responsibilities and ambitions in tackling climate change, analyzes the high-quality development opportunities brought about by CO2 emissions peak and carbon neutrality, and discusses the net zero carbon emissions transformation in the new era of ecological civilization. This paper is of the view that development towards net zero carbon emissions provides a new impetus for building a Beautiful China, and promoting ecological civilization and green development. The essence of carbon neutrality should be correctly understood so that the world will work together to improve climate resilience. China should also deepen the understanding of the principles and methodologies of climate change economics. [ABSTRACT FROM AUTHOR]

The greenhouse gas emissions from China's transport sector, which account for a large proportion of China's total greenhouse gas emissions, are still increasing rapidly. Therefore, low-carbon transformation is urgently needed in China's transport sector. This paper provides an overview of the situation and features of greenhouse gas emissions from China's transport sector, and proposes carbon-neutral development paths for the transport sector based on current national policies, goals and previous research. China needs to work on many aspects, including transport restructuring, alternative fuel technologies and energy efficiency improvement, to achieve near-zero emission goals by 2060. Under the carbon neutrality goal, China's transport sector should strive to reach the carbon peaking goal by 2030, and limit carbon emissions within 100 million tons by 2060. [ABSTRACT FROM AUTHOR]

The coal-based energy industry plays a huge role in supporting the development of a national economy. As China pledges to achieve carbon peaking and carbon neutrality goals, how to keep a balance between carbon emission reduction and coal consumption has become a serious problem and daunting challenge facing the industrial chain of coal-based energy for a long time. The prospects for the coal mining industry are increasingly limited under carbon constraints. Faced with serious challenges in its positioning and technological development, the coal-fired power industry is suffering the consequences of negative environmental externalities. Therefore, the low-carbon transformation of China's coal-based energy industry is necessary and urgent. This paper conducts an in-depth analysis of the development status of China's coal-based energy industry under the carbon peaking and carbon neutrality goals and the obstacles in the transformation and upgrade of the coal-based energy industry, and comes up with response strategies. The future coal-based energy industry should make full use of emerging low-carbon clean technologies such as carbon capture, utilization, and storage to achieve low-carbon transformation, and upgrade of the entire industrial chain, following the current development trends. [ABSTRACT FROM AUTHOR]

Carbon emissions trading is a major innovation in the practice of using market mechanism to control and reduce greenhouse gas (GHG) emissions and promote green and low-carbon development. It is an important way to achieve China's carbon peaking and carbon neutrality goals (the "dual carbon" goals) at a relatively low cost. Starting late and having gone through three development stages, China's national carbon market has entered a new stage. However, given the problems such as incomplete institutional, regulatory and carbon emissions verification systems, less balanced and vibrant market, limited transaction entities and trading products, and lack of voice due to insufficient participation in relevant international affairs, continuous efforts are still required to further improve this market by deepening reform, strengthening capacity building and increasing international cooperation. [ABSTRACT FROM AUTHOR]

Achieving carbon peaking and carbon neutrality in the building sector is an important component of China's "dual carbon" goals. In recent years, the country's direct carbon emissions in the building sector have hit a plateau while the total emissions still grow rapidly. Besides, the building materials for construction and refrigerants leaked during buildings' operation also result in greenhouse gas emissions. To achieve the targets set for future low-carbon development, the building sector should feature "sufficient demand, decarbonized structure and flexible load." According to the analysis of the emission reduction approaches adopted by different sectors, China's building sector should make a ceaseless effort to promote building energy conservation, improve electrification, and load flexibility, reform the energy system in rural areas, optimize the heating structure in northern China's urban areas, as well as reduce the emissions during construction and the non-CO2 gas emissions. In the 14th Five-Year period, it is suggested to clarify the total energy consumption and carbon emission targets, adjust the energy structure more vigorously, and draw up more measures to reduce the emissions related to construction and refrigerant leakage. [ABSTRACT FROM AUTHOR]

In order to realise the goal of the Paris Agreement, China has announced to enhance its nationally determined contributions (NDCs), demonstrating its determination to adopt more rigorous policies and measures to achieve a peak in carbon emissions by 2030 and carbon neutrality by 2060. China's pledge to carbon neutrality not only has a profound impact on its economic reforms, but also spurs the country to be more proactive in global climate governnance. [ABSTRACT FROM AUTHOR]