A Document Analysis of Peak Carbon Emissions and Carbon Neutrality Policies Based on a PMC Index Model in China

Abstract

With the commitment to peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, the text analysis of policies related to peak carbon emissions and carbon neutrality has become a hot research topic in China. However, current domestic and foreign research mainly focuses on the impact and enlightenment of carbon emission measurement and other aspects and rarely optimizes the road to carbon neutrality through the analysis of policy texts. Based on both domestic and international research results, this paper takes 11 central government, ministry, province, and city policies as the research object, uses the PMC index model to calculate the PMC indices of the 11 representative documents, and draws surfaces. The results indicate that nearly half of the policies have excellent scores, but some policies still have deficiencies in terms of guarantee incentives and policy coverage. Given these shortcomings, this paper proposes that the government should provide technical assistance to industrial enterprises in addition to certain subsidies to reduce the energy consumption of enterprises in production and achieve sustainable development. While popularizing and developing low-carbon technology, enterprises should pay attention to personnel training and management, and use the digital economy to empower the transition to eco-friendly production. Based on the above research, the main contributions of this paper are as follows: to make theoretical and practical preparations for carbon neutralization and to provide suggestions for optimizing policies.

Quantitative evaluation of China’s shipping decarbonization policies: The PMC-Index approach

“…Liu and Zhao (2022) evaluate 126 textile industry policies issued from 2014 to 2020 in China, and point out that the policy nature is relatively single and the incentive guarantee needs further improvement. In addition to the quantitative evaluation, the PMC-Index approach can also visualize the policy strengths and weaknesses by constructing the PMC surfaces according to the results of the PMC index matrix (Lu et al, 2022;Wang et al, 2022).…”

“…The PMC surface can graphically display the components of the PMC index via a stereo image, which is very useful to manifest the strengths and weaknesses of each policy (Lu et al, 2022). Due to the fact that nine main-variables are selected in the current study, a 3×3 PMC matrix can be established for each policy consequently.…”

“…State Council (X 3:1 ) Whether the policy issuing agency involves the State Council. Li and Guo, 2022;Lu et al, 2022 Ministry of Transport (X 3:2 ) Whether the policy issuing agency involves the Ministry of Transport.…”

The Impact of the Green Credit Policy on the Short-Term and Long-Term Debt Financing of Heavily Polluting Enterprises: Based on PSM-DID Method

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Green Technology Transfer, Environmental Regulation, and Regional Green Development Chasm: Based on the Empirical Evidence from Yangtze River Delta

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