Carbon emissions are the major cause of the global warming; therefore, the exploration of carbon emissions reduction potential is of great significance to reduce carbon emissions. This paper explores the potential of carbon intensity reduction in Beijing in 2020. Based on factors including economic growth, resident population growth, energy structure adjustment, industrial structure adjustment and technical progress, the paper sets 48 development scenarios during the years 2015-2020. Then, the back propagation (BP) neural network optimized by improved particle swarm optimization algorithm (IPSO) is used to calculate the carbon emissions and carbon intensity reduction potential under various scenarios for 2016 and 2020. Finally, the contribution of different factors to carbon intensity reduction is compared. The results indicate that Beijing could more than fulfill the 40%-45% reduction target for carbon intensity in 2020 in all of the scenarios. Furthermore, energy structure adjustment, industrial structure adjustment and technical progress can drive the decline in carbon intensity. However, the increase in the resident population hinders the decline in carbon intensity, and there is no clear relationship between economy and carbon intensity. On the basis of these findings, this paper puts forward relevant policy recommendations.