Analysis of China’s Carbon Peak Achievement in 2025

Abstract

To solve the problem of rising energy use and CO2 emissions, China issued the 14th Five-Year Plan in 2020, emphasizing the need to reduce its carbon intensity and achieve a carbon emission peak before 2030. In order to estimate the future path of carbon peak in China, a novel dataset was constructed to analyze 30 provinces in China, and found that the realization of carbon peaking in 2025 requires a reduction of 1.072 million tons of carbon emissions in 2025, at which point peak carbon emissions will be 11,008.4 million tons. Due to this energy gap caused by carbon emission reduction the total amount of clean electricity has reached 3600 billion kWh. In carbon emission allowance trading, provinces with large carbon emissions, like Jiangsu and Guangdong, prefer to buy carbon allowances, while those with small carbon emissions like Shanxi and Inner Mongolia prefer to sell carbon allowances. In the energy trading market, the overall situation meets the 14th Five-Year Plan of west-east and north-south power transmission, except for Shanghai, Hainan, Hubei, and other provinces selling power, due to excessive power generation from a particular energy source.

Comprehensive Social Cultural and Economic Benefits of Green Buildings Based on Improved AHP–FCE Method

“…The former advantage is often more prominent in the comparison of the comprehensive benefits of green buildings and ordinary buildings [12]. Additionally, occupants are more satisfied with green buildings than traditional buildings [2]. The core of green buildings lies in the ability to constitute a circular system so that the energy consumed by the building is internally recyclable.…”

“…Securing green energy efficiency and sustainability in buildings is highly favored by today's homeowners, architects, and government agencies. In 2020, China pledged at the 75th UN General Assembly that "China will increase its national independent contribution, adopt stronger policies and measures, strive to peak CO 2 emissions by 2030, then work towards achieving carbon neutrality by 2060" [1,2]. The 14th Five-Year Plan is an important period to achieve the "carbon peak", which requires coordination and cooperation among various industries.…”

Factors Influencing Intergovernmental Cooperation on Emission Reduction in Chengdu-Chongqing Urban Agglomeration: An Evolutionary Game Theory Perspective

“…Second, carbon emissions trading supplements the surplus and deficit, and regional cooperation and emission reduction are realized through a market-oriented approach. Domestic and international scholars discussed the importance of establishing a carbon emission trading market [ 27 , 28 , 29 ] as well as potential influencing factors [ 30 ]. The third option is to use the clean development mechanism, which is a cooperative mode in which one country invests in emission reduction projects in order to obtain carbon emissions from other countries in order to achieve emission reduction.…”

The Effect of Carbon Price Volatility on Firm Green Transitions: Evidence from Chinese Manufacturing Listed Firms

“…In light of this, the rapid development of carbon emissions trading in China provides an adequate data source for this study. Therefore, the data on carbon price volatility are taken from eight China carbon emission trade exchanges (CCETEs), namely, Beijing, Tianjin, Shenzhen, Guangzhou, Hubei, Chongqing, and Fujian [29]. Relevant carbon price data can be traced back to as early as 2013.…”