التفاصيل البيبلوغرافية
| العنوان: |
Incentive policies to realize large-scale deployment of CCS in China's power sector and its economy-wide impacts. |
| المؤلفون: |
Jiang, Hong-Dian1,2,3 (AUTHOR) bitjhd@163.com, Liang, Qiao-Mei1,2,4 (AUTHOR) liangqiaomei@bit.edu.cn, Yao, Yun-Fei1,5 (AUTHOR), Liu, Lan-Cui6 (AUTHOR) |
| المصدر: |
Structural Change & Economic Dynamics. Dec2024, Vol. 71, p1-14. 14p. |
| مصطلحات موضوعية: |
*CARBON pricing, *GREENHOUSE gas mitigation, *CARBON offsetting, CARBON sequestration, INCENTIVE (Psychology), COMPUTABLE general equilibrium models |
| مستخلص: |
• A CGE model with a detailed electricity technology module was built. • CCS deployment target in the power sector under China's carbon neutrality can be achieved. • Socio-economic and environmental effects of different incentive policies were evaluated. • Sensitivity analysis performed and policy recommendations provided. Given the carbon capture and storage (CCS) technology is still in the demonstration phase, large-scale deployment of CCS is urgently needed in the coming decades, especially in the power sector. Therefore, we built a computable general equilibrium model with detailed electricity technology module and assessed the economy-wide impacts of multiple incentive policies on large-scale deployment of CCS in the power sector. Results show that, first, if only CCS is subsidized, without supplementing carbon pricing, it will lead to deviations from the core environmental objectives of CCS development. Secondly, when CCS subsidies are combined with carbon pricing, if the sectoral indirect tax is reduced, the GDP loss can be better alleviated, and it can also have an obvious positive impact on energy conservation and emission reduction. Finally, a gradual sector-coverage way of carbon pricing contributes to further mitigating the accumulated GDP loss, easing sectoral profit losses, and improving positive effects on energy indicators. [ABSTRACT FROM AUTHOR] |
|
Copyright of Structural Change & Economic Dynamics is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Business Source Index |