Original scientific paper
https://doi.org/10.1080/1331677X.2023.2218471
A research on the policies to realise carbon intensity targets in China
Huihui Liu
Wanmeng Dong
Xianfen Xie
Hao Liu
Abstract
In the context of carbon peaking and neutrality, it would be interesting
to study the policy conditions for achieving carbon targets.
From a technical perspective, this study constructed a theoretical
model of the relationship between energy tax policy, R&D subsidy
policy, and energy intensity within the framework of biassed technical
change. Subsequently, through the logical relationship
between energy and carbon intensities, three combination policy
schemes for achieving the carbon intensity target were obtained.
The findings are as follows: First, a higher rate of energy tax and
R&D subsidy is destined to lead to a lower energy intensity, and
energy tax policy can better boost energy intensity than R&D subsidy
policy. Second, in terms of pulling the carbon intensity, the
effect of the energy tax policy is better than that of the R&D subsidy
policy, but in terms of its impact on the future policy effect,
the R&D subsidy policy is better than the energy tax policy. Third,
China should adopt a combination of policies to reduce carbon
intensity, with a certain increase in the energy tax policy and a
certain increase in the R&D subsidy rate policy.
Keywords
Carbon peak; carbon neutrality; carbon intensity; biased technical change; policy
Hrčak ID:
314891
URI
Publication date:
19.6.2023.
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