2017
DOI: 10.3390/en10122026
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Research on CO2 Emission Reduction Mechanism of China’s Iron and Steel Industry under Various Emission Reduction Policies

Abstract: Abstract:In this paper, a two-stage dynamic game model of China's iron and steel industry is constructed. Carbon tax levy, product subsidy, carbon capture and sequestration (CCS) and other factors are included in the emission reduction mechanism. The effects of emissions reduction and the economic impact of China's overall steel industry (and that of its six main regions) are investigated for the first time under different scenarios. As new findings, we report the following: (1) Not all factors declined. The o… Show more

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Cited by 15 publications
(12 citation statements)
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References 46 publications
(38 reference statements)
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“…83% of the heavy industry and 62% of the light industry of Xinjiang are concentrated in this region. A large number of coal-fired power plants, steel mills, and coal-based chemical industries are located in Xinjiang and are the major sources of CO 2 emissions [21]. The study area is the CO 2 -enhanced saline water recovery demonstration site in the eastern part of the Junggar Basin, located on the northern side of the Tian Shan Mountains and approximately 30 km from Fukang, as shown in Figure 1.…”
Section: Geofluidsmentioning
confidence: 99%
“…83% of the heavy industry and 62% of the light industry of Xinjiang are concentrated in this region. A large number of coal-fired power plants, steel mills, and coal-based chemical industries are located in Xinjiang and are the major sources of CO 2 emissions [21]. The study area is the CO 2 -enhanced saline water recovery demonstration site in the eastern part of the Junggar Basin, located on the northern side of the Tian Shan Mountains and approximately 30 km from Fukang, as shown in Figure 1.…”
Section: Geofluidsmentioning
confidence: 99%
“…Similar to Duan et al [66], the government emission reduction policy is a double game problem. Firstly, there is a T 4: e literature and summary information about bounded rationality in industry application.…”
Section: Notations and Explanations As Shown Inmentioning
confidence: 86%
“…Section 5 provides conclusions and policy recommendations for China's steel industry. Figure 1, according to the traditional Chinese geographical division method and reference to Duan et al [66], China is divided into six regions. For data reasons, Tibet, Hong Kong, Macau, and Taiwan are not included.…”
Section: Bronnmann Andmentioning
confidence: 99%
“…According to the planning, the SR of the steel industry should rise to 30% by 2025. On this basis, the production proportions of the BF-BOF and EAF routes are 78% and 22%, respectively (the SRs of the BOF and EAF routes are 10% and 100%, respectively), which are calculated by Formulas (2) and (3). According to Formula (4), the proportion of electricity in the total energy consumption of the steel industry will rise to 18.2%.…”
Section: Production Situationmentioning
confidence: 99%
“…As the world's largest steel producing country, China is a prominent and important global and national case study for scenario analysis, and a number of energy-modeling approaches have been used to analyze its future energy intensity trends and to assess policy support for energy-saving [2][3][4][5][6][7][8]. These can be categorized into two types: bottom-up (BU) and top-down (TD) models.…”
Section: Introductionmentioning
confidence: 99%