Carbon Mitigation Pathway Evaluation and Environmental Benefit Analysis of Mitigation Technologies in China’s Petrochemical and Chemical Industry

Xi Yang, Xiaoqian Xi, Shan Guo, Wanqi Lin and Xiangzhao Feng
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Xi Yang: Academy of Chinese Energy Strategy, China University of Petroleum, Beijing 102240, China
Xiaoqian Xi: Academy of Chinese Energy Strategy, China University of Petroleum, Beijing 102240, China
Shan Guo: Academy of Chinese Energy Strategy, China University of Petroleum, Beijing 102240, China
Wanqi Lin: Academy of Chinese Energy Strategy, China University of Petroleum, Beijing 102240, China
Xiangzhao Feng: Policy Research Center for Environment and Economy of the Ministry of Environmental Protection, Beijing 100029, China

Energies, 2018, vol. 11, issue 12, 1-25

Abstract: The co-benefits of mitigation technology in China’s petrochemical and chemical industry have not been evaluated, although they are deemed valuable for the cost-benefit analysis of carbon mitigation. On this basis, this study evaluates the carbon mitigation effects and environmental co-benefits of mitigation technologies that have been long ignored in China’s petrochemical and chemical industry. In addition, this study also fills the gap of provincial research in chemical industry. A bottom-up energy model and marginal abatement cost curves are constructed for each sector. The study is based on national and provincial levels to provide quantitative reference for the mitigation technologies. Results show that, among 18 technologies in the chemical industry, waste heat utilization and technological process transformation technologies have the highest marginal abatement benefits. Technologies in the petrochemical industry with the largest marginal abatement social benefit typically exists in three categories: efficiency improvement technology, waste heat utilization technology, and coating technology. At the national level, 8039 and 5105 premature deaths are effectively avoided by the promotion of chemical and petrochemical mitigation technologies, respectively. Monetary value of health impact in these two industries are 7.0 billion and 5.5 billion RMB, respectively. At the provincial level, coal gasification multi-generation gas turbine power generation technology, a technological process transformation technology, performs well in Shaanxi province with 122 million RMB of total social benefit.

Keywords: mitigation technology; chemical industry; environmental benefit; marginal cost; China-MAPLE (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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