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Manuscript deadline
30 November 2021

Cover image - Energy Sources, Part B: Economics, Planning, and Policy

Energy Sources, Part B: Economics, Planning, and Policy

Special Issue Editor(s)

Jianliang WANG, China University of Petroleum, Beijing, China
[email protected]

Xu TANG, China University of Petroleum, Beijing, China
[email protected]

Fan TONG, Lawrence Berkeley National Laboratory, U.S.
[email protected]

Meiyu GUO, Hong Kong Baptist University, Hong Kong, China
[email protected]

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Carbon-Neutral 2060 and Deep Decarbonization of China's Energy System

Carbon-Neutral 2060 and Its Significant Impacts

Climate change, mainly resulting from the usage of fossil energy, is one of the biggest challenges for the sustainable development of human society. As the largest energy consumer and carbon emitter in the world, China’s actions will greatly affect the process of the world's response to climate change. Before 2020, China’s actions and the design of its energy system mainly focused on achieving “carbon emission peak before 2030” (i.e., Carbon-Peak 2030). However, in September 2020, Xi Jinping, the president of China, announced that China will aim to achieve carbon neutrality before 2060 (i.e., Carbon-Neutral 2060). Compared to the previous policy target, i.e., “carbon-peak 2030”, “carbon-neutral 2060” is a much more ambitious commitment and has received unanimous applause worldwide. It is thus high time to study and project the pathways to achieve carbon-neutral 2060 in China and quantify its far-reaching impacts globally.

Promoting the transition of the energy system and achieving the deep de-carbonization of energy system are the key measures for carbon emissions reduction. Therefore, it could be expected that this new commitment would transform the energy system fundamentally. The traditional motivation for China’s energy system transition is to reduce the share of coal consumption in the primary energy supply, stabilize the proportion of oil consumption, and increase the proportion of natural gas and renewable energy. In the case of carbon-peak 2030, the energy consumption that originated from fossil fuels, especially oil and gas, could be still large. However, in the case of carbon-neutral 2060, deep de-carbonization of energy system is inevitable. It could be expected that the usage of coal will be eliminated in the next four decades, but the developments of oil and gas markets are uncertain. At the same time, China’s renewable energy industry will undergo an exponential growth in the future. However, the rapid scale-up of the renewable energy in the short term needs to address resources and supply chain constraints. For example, recent research has already quantified the supply risks and challenges for certain critical metal mineral resources to meet the projected needs of renewable energy developments.

This special issue is devoted to investigating these impacts of carbon-neutral 2060 on deep decarbonization of energy system in China from multidisciplinary points of view and to understanding the potential policies that could be implemented in this historic transition process.

Topics Covered Include

Examples of topics appropriate to the theme of this special issue, include, but are not limited to:

  • The impacts of Carbon-Neutral 2060 on China’s energy markets
  • The pathways to achieve the deep reduction of China’s coal consumption
  • The peaks and future trends of oil and gas consumption in China
  • Life-cycle carbon accounting for China’s coal, oil and gas industry
  • Methane emissions accounting and mitigation for China’s oil and gas industry
  • The supply risks of critical metal minerals for renewable energy development
  • Policy designs to promote deep decarbonization of China’s energy system
  • Other potential challenges, risks, and policy responses in the process of deep decarbonization of China’s energy system

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