Design and impact assessment of policies to overcome oversupply in China's national carbon market.

China has adopted a national carbon emissions trading market to promote emission reductions, but until now, overallocation of allowances suffer low carbon prices and thus to unfulfilled emission reduction goals. We report a general equilibrium modeling that indicates the flexible compliance and price adjustment mechanism of the carbon market, along with explores the solution to the oversupply of allowances in the China's national carbon market. We find that, under the current policy, the initial loose allowance allocation decreases the overall carbon price, and simultaneously the total amount of banked carbon allowances reaches 4.

Pathways for regions to achieve carbon emission peak: New insights from the four economic growth poles in China.

Regional synergy is critical to achieving High Quality Development (HQD) and reducing emissions in China. Economic growth poles (EGPS), namely Beijing-Tianjin-Hebei, the Yangtze River Delta, Guangdong-Hong Kong-Macao, and Cheng-Yu, are typical examples of regional synergy in China. It is critical to explore whether the pulling power of the EGPS to other regions can accelerate China's carbon peaking.

Low-carbon development pathways for provincial-level thermal power plants in China by mid-century.

Phasing out thermal power plants is vital to combatting climate change. Less attention has been given to provincial-level thermal power plants, which are implementers of the policy of phasing out backward production capacity. To improve energy efficiency and reduce negative environmental impacts, this study proposes a bottom-up cost-optimal model to explore technology-oriented low-carbon development pathways for China's provincial-level thermal power plants.

Uncertainty quantification of CO emissions from China's civil aviation industry to 2050.

To mitigate aviation's carbon emissions of the aviation industry, the following steps are vital: accurately quantifying the carbon emission path by considering uncertainty factors, including transportation demand in the post-COVID-19 pandemic period; identifying gaps between this path and emission reduction targets; and providing mitigation measures. Some mitigation measures that can be employed by China's civil aviation industry include the gradual realization of large-scale production of sustainable aviation fuels and transition to 100% sustainable and low-carbon sources of energy. This study identified the key driving factors of carbon emissions by using the Delphi Method and set scenarios that consider uncertainty, such as aviation development and emission reduction policies.