China can peak its energy-related carbon emissions before 2025: Evidence from industry restructuring

China has committed to a peak in carbon dioxide emissions circa 2030. However, current policies cannot meet this ambitious goal. Adjusting its energy-intensive, heavy and chemical-based industrial structure is not only the main way China can change its economic growth pattern but also a key policy s...

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Veröffentlicht in:Energy economics 2018-06, Vol.73, p.91-107
Hauptverfasser: Yu, Shiwei, Zheng, Shuhong, Li, Xia, Li, Longxi
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Zheng, Shuhong
Li, Xia
Li, Longxi
description China has committed to a peak in carbon dioxide emissions circa 2030. However, current policies cannot meet this ambitious goal. Adjusting its energy-intensive, heavy and chemical-based industrial structure is not only the main way China can change its economic growth pattern but also a key policy strategy to achieve its carbon emission peak goal. In addition to carbon emissions goals, economic growth and employment security must be considered for China's development in the context of addressing climate change. Hence, by proposing a new economic-carbon emission-employment multi-objective optimization model, we take a different approach to analyze China's emissions trajectory. The optimized results show that China's energy-related carbon dioxide emissions could peak between 2022 and 2025, most likely in 2023, with CO2 emissions of 11.21–11.56 Gt. When pursuing this peak (from 2013 to 2030), China could still maintain an average growth of approximately 6.1 to 6.4% yr−1 for GDP and approximately 0.24% to 0.51% yr−1 for employment. Furthermore, China's coal consumption has peaked in 2013 while oil would be peaked around 2023 to 2025, based on the optimized industrial structure adjustment trajectory from 2013 to 2030. •A new economic-carbon emission-employment multi-objective optimization model is proposed.•China's energy-related CO2 could peak between 2022 and 2025, most likely in 2023.•China could still maintain an average growth of approximately 6.1 to 6.4% yr−1 for GDP.•Coal consumption has peaked in 2013 while oil would be peaked around 2023 to 2025.
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source PAIS Index; ScienceDirect Journals (5 years ago - present)
subjects Ambition
Carbon
Carbon dioxide
Carbon dioxide emissions
Carbon emissions
Climate action
Climate change
Coal
Consumption
Economic conditions
Economic development
Economic growth
Economic models
Economics
Emission analysis
Emissions
Emissions control
Employment
Energy
Energy economics
Energy policy
GDP
Gross Domestic Product
Industrial structure
Multi-objective optimization
Multiple objective analysis
Optimization
Organic chemistry
Peak
Petroleum
Trajectory analysis
Trajectory optimization
title China can peak its energy-related carbon emissions before 2025: Evidence from industry restructuring
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