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| DOI | 10.1016/j.gloenvcha.2024.102847 |
| The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China | |
| 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/288690 |
| 作者单位 | China University of Mining & Technology; China University of Mining & Technology |
| 推荐引用方式 GB/T 7714 | . The substantial impacts of carbon capture and storage technology policies on climate change mitigation pathways in China[J],2024,86. |
| APA | (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 | "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). |
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