Approaches to Carbon Emission Reductions and Technology in China’s Chemical Industry to Achieve Carbon Neutralization

Lei Ma and Mei Song
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Lei Ma: School of Management, China University of Mining and Technology-Beijing, Beijing 100083, China
Mei Song: School of Management, China University of Mining and Technology-Beijing, Beijing 100083, China

Energies, 2022, vol. 15, issue 15, 1-12

Abstract: Based on China’s goal of achieving carbon neutrality by 2060, this study focused on its coal gasification in 2010–2019. Carbon emissions were calculated from industrial data, and an LMDt model was established to analyze the influencing factors of carbon emissions. Through scenario analysis, the paths of carbon emission reductions in the chemical industry were analyzed, and their emission reduction potential was estimated. The results showed that the carbon emissions in the chemical industry increased rapidly in 2010–2019, reaching 196 million tons in 2019. The emission structure was the most important factor in mitigating carbon emissions, and the emission intensity, industrial structure, economic development level, and labor force scale had different degrees of promotion effects, of which emission intensity was the strongest. The chemical industry can reach a carbon peak before 2030 under the three analyzed scenarios, and the emission reduction potential is the largest under the landing policy scenario. The results showed that carbon capture, usage, and storage (CCUS) technology is key for carbon emission reductions and that it is necessary to adjust the industrial structure, reduce emission intensity, and increase forest carbon sink to achieve carbon neutrality in the chemical industry.

Keywords: carbon neutralization; chemical industry; scenario analysis; mitigation paths (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: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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