Feed-in tariffs and the carbon emission trading scheme under China's peak emission target: A dynamic CGE analysis for the development of renewable electricity.

Qi, L ; Lin, X ; et al.

In: Journal of environmental management, Jg. 335 (2023-06-01), S. 117535

academicJournal

Thermal power industry is one of China's leading sources of carbon emissions. China has launched a national carbon emissions trading scheme (ETS) and renewable energy incentive programs to achieve its peak emission target by 2030. However, since 2021, China no longer provides a central feed-in tariff (FIT) for new centrally located solar photovoltaic (PV) power plants, commercial and industrially distributed PV projects, and newly approved onshore wind power projects. This change in policy may threaten China's carbon reduction targets and economic development. Using a dynamic computable general equilibrium (CGE) model, we assess the combined effects of carbon ETS and FIT on China's electricity sector, carbon emission peak target, renewable energy and economic development. In terms of policy overlap and integration, we analyze the impact of these policies and estimate how to coordinate FIT and carbon ETS policies to ensure their effectiveness. Results show that the overall effects of FIT subsidies are superior to phasing-out FIT scenarios. The fiscal pressure caused by FIT is lower than its actual expenditure because it stimulates economic activity and boosts government revenue. However, considering the multiplier effect of the FIT on promoting government revenue growth and GDP growth, the most effective FIT should be terminated in 2025, followed by subsidies ending in 2030 and 2035.

Competing Interests: Declaration of competing interest The authors declare the following financial interests/personal relationships which may be considered as potential competing interests:Yongqiang Zhang reports was provided by Natural Science Foundation of Zhejiang Province. Yongqiang Zhang reports was provided by the Institute of Energy, Hefei Comprehensive National Science Center.

Titel:	Feed-in tariffs and the carbon emission trading scheme under China's peak emission target: A dynamic CGE analysis for the development of renewable electricity.
Autor/in / Beteiligte Person:	Qi, L ; Lin, X ; Shi, X ; Zhang, Y ; Pan, H ; Sharp, B
Zeitschrift:	Journal of environmental management, Jg. 335 (2023-06-01), S. 117535
Veröffentlichung:	London ; New York, Academic Press., 2023
Medientyp:	academicJournal
ISSN:	1095-8630 (electronic)
DOI:	10.1016/j.jenvman.2023.117535
Schlagwort:	Industry China Renewable Energy Carbon Dioxide analysis Carbon analysis Greenhouse Gases
Sonstiges:	Nachgewiesen in: MEDLINE Sprachen: English Publication Type: Journal Article Language: English [J Environ Manage] 2023 Jun 01; Vol. 335, pp. 117535. <i>Date of Electronic Publication: </i>2023 Feb 21. MeSH Terms: Carbon* / analysis ; Greenhouse Gases* ; Industry ; China ; Renewable Energy ; Carbon Dioxide / analysis Contributed Indexing: Keywords: Carbon ETS; Dynamic CGE model; FIT; Renewable electricity Substance Nomenclature: 7440-44-0 (Carbon) ; 0 (Greenhouse Gases) ; 142M471B3J (Carbon Dioxide) Entry Date(s): Date Created: 20230223 Date Completed: 20230314 Latest Revision: 20230314 Update Code: 20240513

Klicken Sie ein Format an und speichern Sie dann die Daten oder geben Sie eine Empfänger-Adresse ein und lassen Sie sich per Email zusenden.

BibTeX Citavi, JabRef, u.a.
(Literaturverwaltung)

PDF kein Volltext!
(Merkzettel, Notizen)

RIS Endnote, Citavi u.a.
(Literaturverwaltung)

MODS
(XML zur Weiterverarbeitung)

oder

Wählen Sie das für Sie passende Zitationsformat und kopieren Sie es dann in die Zwischenablage, lassen es sich per Mail zusenden oder speichern es als PDF-Datei.

Gewünschter Zitations-Stil:

oder

Bitte prüfen Sie, ob die Zitation formal korrekt ist, bevor Sie sie in einer Arbeit verwenden. Benutzen Sie gegebenenfalls den "Exportieren"-Dialog, wenn Sie ein Literaturverwaltungsprogramm verwenden und die Zitat-Angaben selbst formatieren wollen.