Carbon emission reduction policy simulation based on the CGE model

Abstract

Carbon peaking and carbon neutrality will be important policies to constrain China's economic and social development in the future. Based on the theory of computable general equilibrium, CGE model of carbon emission was constructed in this paper to simulate the influence of different scenarios of carbon emission reduction on economic and social development. The major contribution is to subdivide the energy sector according to primary energy and secondary energy, and construct the macro SAM table and micro SAM table of 21 energy sectors in 2017 to quantitatively simulate the impact of carbon emission reduction policies on China's economy and society, and put forward some policy suggestions based on this.