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Scenario Forecast of Carbon Emission Peak in China’s Heavy Pollution Industries

Yixuan Cui

Abstract


This paper takes China’s heavy pollution industry as the research object. It analyzes the important factors affecting carbon emissions of heavy pollution industry and constructs the STIRPAT expansion model. The model parameters are estimated by ridge regression
method. Three scenarios of baseline, emission reduction, and high carbon are designed to predict carbon emissions with reference to policy
planning documents and analysis of historical data. It is found that the carbon peaking time of China’s heavy pollution industry is between
2026 and 2040, and the peaking amount is between 6711.6794 and 8117.3815 million tons. Among the three scenarios designed in this paper,
the emission reduction scenario is able to achieve carbon peaking by 2030.

Keywords


Heavy Pollution Industries; Carbon Dioxide Emissions Peak; Scenario Analysis; STIRPAT Model

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References


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DOI: http://dx.doi.org/10.18686/fm.v9i3.12777

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