Mitigation policies interactions delay the achievement of carbon neutrality in China
Related Articles
Impact of green bonds on CO2 emissions and disaggregated level renewable electricity in China and the United States of America
Green financial products have emerged that can benefit economic actors in financing green initiatives to promote renewable energy and enable carbon neutrality. Against this backdrop, the study examines the impact of green bonds (GBs) on carbon dioxide (CO2) emissions and renewable electricity generation (EG) in China and the USA, the leading countries in terms of GB issuance and CO2 emissions. To this end, the study conducts a disaggregated-level analysis by applying novel nonlinear quantile methods between January 2, 2019, and July 31, 2023. The results demonstrate that at higher quantiles; (i) GBs mainly have a dampening impact on CO2 emissions from the transportation sector in China and the USA; (ii) GBs have a stimulating impact on solar and wind EG in China; (iii) GBs have a diminishing impact on all types of EGs in the USA. Thus, GBs have an impact on carbon neutrality and renewable energy, which differs by quantiles, sectors, and EG sources. Accordingly, various policy implications are discussed in terms of further contributions of GBs to carbon neutrality and renewable energy in China and the USA.
Worldwide rooftop photovoltaic electricity generation may mitigate global warming
Rooftop photovoltaic (RPV) is often understood as a niche contribution to climate change mitigation. However, the global potential of RPVs to mitigate global warming is unknown. Here we map the global rooftop area at 1-km resolution, quantifying 286,393 km2 of rooftops worldwide through geospatial data mining and artificial intelligence techniques. Using nine advanced Earth system models from the coupled model intercomparison project phase 6, we reveal that RPVs could substantially contribute to reducing global temperatures by 0.05–0.13 °C before 2050. Region-specific analysis underscores the variability in RPV potential and the necessity of tailored approaches to optimize RPV deployment, considering local solar resources, existing infrastructure and grid carbon intensity. Our findings reveal that leveraging RPV systems offers a viable and impactful strategy for reducing carbon footprints and combating climate change globally, while advocating targeted interventions to enhance the benefits of RPVs, particularly in areas with high solar radiation or rapid urbanization.
An Integrative lifecycle design approach based on carbon intensity for renewable-battery-consumer energy systems
Driven by sustainable development goals and carbon neutrality worldwide, demands for both renewable energy and storage systems are constantly increasing. However, the lack of an appropriate approach without considering renewable intermittence and demand stochasticity will lead to capacity oversizing or undersizing. In this study, an optimal design approach is proposed for integrated photovoltaic-battery-consumer energy systems in the form of a m2-kWp-kWh relationship in both centralized and distributed formats. Superiorities of the proposed matching degree approach are compared with the traditional uniformity approach, in photovoltaic capacity, battery capacity, net present value and lifecycle carbon intensity. Results showed that the proposed method is superior to the traditional approach with higher net present value and lower carbon intensity. Furthermore, the proposed method can be scaled and applied to guide the design of photovoltaic-battery-consumer energy systems in different climate zones, promoting sustainable development and carbon neutrality globally.
Demand-side strategies enable rapid and deep cuts in buildings and transport emissions to 2050
Decarbonization of energy-using sectors is essential for tackling climate change. We use an ensemble of global integrated assessment models to assess CO2 emissions reduction potentials in buildings and transport, accounting for system interactions. We focus on three intervention strategies with distinct emphases: reducing or changing activity, improving technological efficiency and electrifying energy end use. We find that these strategies can reduce emissions by 51–85% in buildings and 37–91% in transport by 2050 relative to a current policies scenario (ranges indicate model variability). Electrification has the largest potential for direct emissions reductions in both sectors. Interactions between the policies and measures that comprise the three strategies have a modest overall effect on mitigation potentials. However, combining different strategies is strongly beneficial from an energy system perspective as lower electricity demand reduces the need for costly supply-side investments and infrastructure.
Policy interactions make achieving carbon neutrality in China more challenging
The policy problem As the largest CO2 emitter and the second largest economy in the world, the achievement of China’s carbon neutrality is crucial for…
Responses