Can fossil energy make a soft landing？— the carbon-neutral pathway in China accompanying CCS

Hu, Yingying; Wu, Wei

doi:10.1016/j.enpol.2023.113440

Cited by 37 publications

(9 citation statements)

References 62 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In this case, final consumers decide to use more energy by adopting more energy-efficient technologies, partially offsetting the impact of efficiency improvements on energy consumption [57,60] . The achievement of future carbon reduction goals is highly likely to bring about rebound effects in energy consumption, revealing the macroeconomic aspects of the energy rebound effect are important for the world to reduce energy consumption and curb greenhouse gas emissions [61] . Furthermore, the application of emerging emission reduction technologies such as carbon capture and storage (CCS), hydrogen energy, and energy storage could potentially cause rebound effects in energy consumption.…”

Section: Energy Consumptionmentioning

confidence: 99%

An environmental CGE model of China’s economy: Modeling choices and application

Liu,

Zhu,

Zhou

et al. 2025

Energy and Climate Management

View full text Add to dashboard Cite

This article discusses the expansion and application of computable general equilibrium (CGE) models as significant policy guidance tools for pollution reduction and emission control objectives. Based on the theoretical framework of the Australian school of CGE modeling, we have developed an integrated model that encompasses energy, environment, and economy. This model incorporates energy, environmental, and emission introduction processes, closure mechanisms, and dynamic adjustments. Before simulations, we typically conduct Back-of-the-envelope (BOTE) analyses and validate the accuracy of economic theory judgments and model simulation results through comparative analysis. The article also summarizes our research based on the CGE model, including investigations into differences under various carbon tax revenue policies, comparisons between single-region and multiregion carbon market mechanisms, rebound effects from energy efficiency improvements, impacts of different environmental tax strategies, and the cost-neutral setting of carbon neutrality goals. These findings demonstrate the widespread application and significance of CGE models in theoretical research and policy formulation.

show abstract

Section: Energy Consumptionmentioning

confidence: 99%

An environmental CGE model of China’s economy: Modeling choices and application

Liu,

Zhu,

Zhou

et al. 2025

Energy and Climate Management

View full text Add to dashboard Cite

show abstract

“…Therefore, how to reduce carbon emissions has always been a hot issue of concern to academics and government departments, and many scholars have researched the factors affecting carbon emissions reduction from different perspectives. Ge et al (2022) found that setting economic growth targets can reduce the level of urban carbon emissions while Hu and Wu (2023) Ma and Wu (2022) argued that the pilot construction of smart cities in China is conducive to reducing the level of urban carbon emissions.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Therefore, how to reduce carbon emissions has always been a hot issue of concern to academics and government departments, and many scholars have researched the factors affecting carbon emissions reduction from different perspectives. Ge et al (2022) found that setting economic growth targets can reduce the level of urban carbon emissions while Hu and Wu (2023) determined that the development of carbon abatement technologies can significantly reduce the economic cost of carbon abatement. Pan et al (2023) revealed that the development of the Internet reduces urban CO 2 emissions by upgrading industrial structure, promoting green innovation, and strengthening environmental regulations.…”

Section: Literature Reviewmentioning

confidence: 99%

Mitigating the conflict between economic and green development: Emission reduction mechanisms for vertical transfer payments

Yu,

Xiao,

Lin

2024

Manage Decis Econ

View full text Add to dashboard Cite

The impact of government behavior on emission reductions has gained widespread attention, but fewer studies have explored the relationship between vertical transfers (VT) and carbon emissions (CE). We empirically test the CE reduction mechanism of VT by constructing two‐way fixed effects models based on data of 278 Chinese cities from 2005 to 2020. Empirical analysis finds that VT reduce the taxing efforts of local governments and the tax burden of enterprises, promote the upgrading of enterprises' production technology, and ultimately reduces CE. Conclusions suggest that transfer payments should be actively used to establish preferential policies to assist enterprises in reducing CE.

show abstract

“…The impact of carbon emissions rights trading on electric power enterprises is also the focus of scholars at home and abroad, whose researches include countries, regions [10], industries, enterprises, and other levels. Wang et al (2015) investigated two different carbon trading mechanisms on the basis of determining the carbon emission reduction targets in Guangdong Province, and the empirical results showed that carbon emissions rights trading significantly reduced the emission reduction costs of the overall and electric power enterprises [11].…”

Section: Research On the Impact Of Carbon Emissions Rights Trading On...mentioning

confidence: 99%

The Impact of Carbon Emissions Trading on the Total Factor Productivity of China’s Electric Power Enterprises—An Empirical Analysis Based on the Differences-in-Differences Model

Chen,

Hu,

Xiang

et al. 2024

Sustainability

View full text Add to dashboard Cite

Based on the panel data of China’s listed electric power enterprises, this paper adopts the differences-in-differences model to empirically analyze the pilot policy of carbon emissions trading’s impact on the total factor productivity of power enterprises in 2013. The study finds that the carbon trading pilot policy has a significant positive effect on the total factor productivity of power companies, and the two possible impact mechanisms are external cost compensation and additional income, and internal low-carbon technology innovation and resource allocation optimization. The conclusions above have been further confirmed by the parallel trend test and robustness test. The heterogeneity analysis demonstrates that there are differences in the regression results between state-owned enterprises and nonstate-owned enterprises. The possible reason is that state-owned enterprises are more likely to be affected by the carbon emissions trading system, and their asset-heavy model puts greater pressure on carbon emission reduction. Therefore, their demand for low-carbon technology innovation is more urgent; areas with stricter carbon emission verification are more sensitive to the implementation of carbon trading, and a reasonable increase in carbon verification can make the carbon trading market more effective. Based on the research results, this paper proposes to speed up the improvement of the national carbon trading market system, enhance the diversity and richness of the main market, improve the liquidity of the carbon trading market, broaden financing channels for electric power enterprises, and improve the carbon market supervision mechanism.

show abstract

Can fossil energy make a soft landing？— the carbon-neutral pathway in China accompanying CCS

Cited by 37 publications

References 62 publications

An environmental CGE model of China’s economy: Modeling choices and application

An environmental CGE model of China’s economy: Modeling choices and application

Mitigating the conflict between economic and green development: Emission reduction mechanisms for vertical transfer payments

The Impact of Carbon Emissions Trading on the Total Factor Productivity of China’s Electric Power Enterprises—An Empirical Analysis Based on the Differences-in-Differences Model

Contact Info

Product

Resources

About