Low-Carbon Path Transformation for Different Types of Enterprises under the Dual-Carbon Target

Qibao Shi and Weina Xu ()
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Qibao Shi: School of Economics and Management, Shanghai University of Political Science and Law, Shanghai 201701, China
Weina Xu: School of Economics and Management, Shanghai University of Political Science and Law, Shanghai 201701, China

IJERPH, 2023, vol. 20, issue 6, 1-14

Abstract: Under pressure from the environment and resources, emission peak and carbon neutrality have rapidly become a global issue. The optimization of the ecological goal should be in line with the energy target. In most instances, however, the economic and the ecological goals cannot be unified. This paper establishes a multi-objective optimization model that maximizes the economic benefit of enterprises and the ecosystem activity of the government in the meantime. The idea point method is used in solving this multi-objective optimization problem in the form of a single-objective optimization problem. The numerical experiment documents four types of Chinese enterprises, which are primary resources, industrial manufacturing, public services and commercial consumption. Some management insights are summarized at the end, such as the cores of achieving high-quality and low-carbon development are industrial manufacturing and public services in China.

Keywords: dual-carbon target; low-carbon path; path transformation; multi-objective optimization; idea point method (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2023
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