气候变化领域集成服务门户(CCPortal): The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China

CCPortal

DOI	10.1016/j.gloenvcha.2024.102847
	The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China
	Fan, Jing-Li; Zhou, Wenlong; Ding, Zixia; Zhang, Xian
发表日期	2024
ISSN	0959-3780
EISSN	1872-9495
起始页码	86
卷号	86
英文摘要	Carbon capture and storage (CCS) technology, considered as a pivotal tool in mitigating climate change within the fossil energy system, particularly in China, has experienced slower development than expected. The exploration of direct incentive policies to facilitate its growth remains relatively underdeveloped. This study developed a hybrid dynamic computable general equilibrium (CGE) model to simulate the substantial impacts of CCS incentive policies on China within the context of carbon neutrality target. Two potential incentive policies, carbon emission trading system (ETS) and 45Q tax credit, were simulated, with different sectoral coverage. The results indicate that CCS technologies can reduce carbon emissions by 960 - 1,604 MtCO 2 annually by 2060 through the strategic implementation of these incentive policies. The 45Q tax credit demonstrates its effectiveness in promoting early-stage research and development (R &D) and demonstration of CCS, while the ETS policy facilitates the commercial development of CCS in the later stage of development. By 2060, the implementation of CCS incentive policies could potentially result in 7.7 - 17.4 % reduction in China's primary energy consumption, 71.2 - 82.7 % decrease in the carbon price of ETS and 5.64 - 6.59 % increase in the GDP compared with the no-policy scenario. In addition, the sectoral output in various sectors and the welfare of urban and rural households also increase. This paper provides an important reference for the realization of China's carbon neutrality goal and the model framework can be applied to other countries.
英文关键词	Carbon neutrality; Carbon capture and storage; Incentive policy; Policy effects; Dynamic CGE model
语种	英语
WOS研究方向	Environmental Sciences & Ecology ; Geography
WOS类目	Environmental Sciences ; Environmental Studies ; Geography
WOS记录号	WOS:001232403100001
来源期刊	GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/288691
作者单位	China University of Mining & Technology; China University of Mining & Technology
推荐引用方式 GB/T 7714	Fan, Jing-Li,Zhou, Wenlong,Ding, Zixia,et al. The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China[J],2024,86.
APA	Fan, Jing-Li,Zhou, Wenlong,Ding, Zixia,&Zhang, Xian.(2024).The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China.GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS,86.
MLA	Fan, Jing-Li,et al."The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China".GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS 86(2024).