Based on the survey of international emissions trading system (ETS) and quantitative analysis, policy suggestions on establishing a carbon ETS in China are presented in this study. Sectors sensitive to carbon prices...Based on the survey of international emissions trading system (ETS) and quantitative analysis, policy suggestions on establishing a carbon ETS in China are presented in this study. Sectors sensitive to carbon prices, e.g., the power generation sector and the iron and steel industry, are given priority to be covered by the ETS. Interregional carbon trading should be carried out as early as possible. The cap of the ETS should be based on China's carbon intensity reduction target with the floor carbon price for the market being set in the beginning. Suggestions on the infrastructure of ETS are also proposed, including the national wide carbon measuring, reporting, verification system building. account registration system and the legislation to national展开更多
China's energy carbon emissions are projected to peak in 2030 with approximately 110% of its 2020 level under the following conditions: 1) China's gross primary energy consumption is 5 Gtce in 2020 and 6 Gtce in 2...China's energy carbon emissions are projected to peak in 2030 with approximately 110% of its 2020 level under the following conditions: 1) China's gross primary energy consumption is 5 Gtce in 2020 and 6 Gtce in 2030; 2) coal's share of the energy consumption is 61% in 2020 and 55% in 2030; 3) non-fossil energy's share increases from 15% in 2020 to 20% in 2030; 4) through 2030, China's GDP grows at an average annual rate of 6%; 5) the annual energy consumption elasticity coefficient is 0.30 in average; and 6) the annual growth rate of energy consumption steadily reduces to within 1%. China's electricity generating capacity would be 1,990 GW, with 8,600 TW h of power generation output in 2020. Of that output 66% would be from coal, 5% from gas, and 29% from non-fossil energy. By 2030, electricity generating capacity would reach 3,170 GW with 11,900 TW h of power generation output. Of that output, 56% would be from coal, 6% from gas, and 37% from non-fossil energy. From 2020 to 2030, CO2 emissions from electric power would relatively fall by 0.2 Gt due to lower coal consumption, and rela- tively fall by nearly 0.3 Gt with the installation of more coal-fired cogeneration units. During 2020--2030, the portion of carbon emissions from electric power in China's energy consumption is projected to increase by 3.4 percentage points. Although the carbon emissions from electric power would keep increasing to 118% of the 2020 level in 2030, the electric power industry would continue to play a decisive role in achieving the goal of increase in non-fossil energy use. This study proposes countermeasures and recommendations to control carbon emissions peak, including energy system optimization, green-coal-fired electricity generation, and demand side management.展开更多
基金supported by the National Basic Research Program of China(No.2012CB955700 and 2010CB955501)
文摘Based on the survey of international emissions trading system (ETS) and quantitative analysis, policy suggestions on establishing a carbon ETS in China are presented in this study. Sectors sensitive to carbon prices, e.g., the power generation sector and the iron and steel industry, are given priority to be covered by the ETS. Interregional carbon trading should be carried out as early as possible. The cap of the ETS should be based on China's carbon intensity reduction target with the floor carbon price for the market being set in the beginning. Suggestions on the infrastructure of ETS are also proposed, including the national wide carbon measuring, reporting, verification system building. account registration system and the legislation to national
文摘China's energy carbon emissions are projected to peak in 2030 with approximately 110% of its 2020 level under the following conditions: 1) China's gross primary energy consumption is 5 Gtce in 2020 and 6 Gtce in 2030; 2) coal's share of the energy consumption is 61% in 2020 and 55% in 2030; 3) non-fossil energy's share increases from 15% in 2020 to 20% in 2030; 4) through 2030, China's GDP grows at an average annual rate of 6%; 5) the annual energy consumption elasticity coefficient is 0.30 in average; and 6) the annual growth rate of energy consumption steadily reduces to within 1%. China's electricity generating capacity would be 1,990 GW, with 8,600 TW h of power generation output in 2020. Of that output 66% would be from coal, 5% from gas, and 29% from non-fossil energy. By 2030, electricity generating capacity would reach 3,170 GW with 11,900 TW h of power generation output. Of that output, 56% would be from coal, 6% from gas, and 37% from non-fossil energy. From 2020 to 2030, CO2 emissions from electric power would relatively fall by 0.2 Gt due to lower coal consumption, and rela- tively fall by nearly 0.3 Gt with the installation of more coal-fired cogeneration units. During 2020--2030, the portion of carbon emissions from electric power in China's energy consumption is projected to increase by 3.4 percentage points. Although the carbon emissions from electric power would keep increasing to 118% of the 2020 level in 2030, the electric power industry would continue to play a decisive role in achieving the goal of increase in non-fossil energy use. This study proposes countermeasures and recommendations to control carbon emissions peak, including energy system optimization, green-coal-fired electricity generation, and demand side management.