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© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

Since the Chinese government proclaimed the “double carbon” goal in 2020, carbon emissions reduction has become an important task for the Chinese government. Cities generate more than 60% of carbon emissions. There are many challenges in achieving the “double carbon” goal for the cities of China. Science and technology innovation (STI) provides a feasible path, and the mechanism of STI influencing carbon emissions is analyzed. The STI factors, economic factors, energy factors, and population factors are studied based on the generalized Divisia index method. According to the decomposing results, science and technology innovation investment is the most important increasing factor in carbon emissions, and technology innovation investment efficiency is the most important decreasing factor, respectively. Three scenarios are set up and simulated with Monte Carlo technology evaluating the city of Xi’an in China. Under the baseline development scenario, it cannot achieve the carbon peak goal, and the uncertainty of carbon emissions increases. Under the green development scenario, it will peak in 2051, with a 95% confidence interval of 6668.47–7756.90 × 104 tons. Under the technology breakthrough scenario, the lower and median boundaries of carbon emissions peak at 4703.94 × 104 tons and 4852.39 × 104 tons in 2026, and the upper boundary peaks at 5042.15 × 104 tons in 2030. According to the Environmental Kuznets Curve theory, it will peak between 2028 and 2029 with a GDP per capita of CNY 153,223.85. However, it will fail to achieve the carbon neutrality goal by 2060, and should rely on the national carbon trading market of China to achieve the goal with a trading volume of 2524.61–3007.01 × 104 tons.

Details

Title
Dynamic Scenario Analysis of Science and Technology Innovation to Support Chinese Cities in Achieving the “Double Carbon” Goal: A Case Study of Xi’an City
Author
Huang, Renquan 1 ; Tian, Jing 1 

 School of Economics and Finance, Xi’an International Studies University, Xi’an 710128, China; FinTech Innovation Research Center, Xi’an International Studies University, Xi’an 710128, China 
First page
15039
Publication year
2022
Publication date
2022
Publisher
MDPI AG
ISSN
1661-7827
e-ISSN
1660-4601
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2739429267
Copyright
© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.