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Carbon Neutrality in BRICS Economies
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Carbon Neutrality in BRICS Economies

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (31 July 2022) | Viewed by 14696

Special Issue Editors

Dr. Zhonghua Zhang

E-Mail Website1 Website2
Guest Editor
Beijing Tianying Zero Carbon Technology Research Institute Co., Ltd., China Tianying Inc., Beijing 102200, China
Interests: energy and environmental policy; energy system modeling; carbon budget; low carbon transition; energy innovation; BRICS economies; carbon peak; carbon neutrality; climate change policy
Dr. Ruilian Zhang

E-Mail Website
Guest Editor
Centre for Social Responsibility in Mining, Sustainable Minerals Institute (SMI), University of Queensland, Brisbane 4072, Australia
Interests: resources development; energy transition; social impact assessment; environmental and social risk management
Dr. Song Wang

E-Mail Website
Guest Editor
Institute of Latin American Studies, Chinese Academy of Social Sciences, Beijing 100007, China
Interests: international trade and climate change; environmental extended input-output analysis; carbon emissions; global value chains; China-LAC trade
Dr. Rubing Ge

E-Mail Website
Guest Editor
Chinese Academy of Environmental Planning, Beijing 100012, China
Interests: urban carbon neutrality; big data application in air pollutants prediction; green finance
Dr. Yunxia Liu

E-Mail Website
Guest Editor
Zhou Enlai School of Government, Nankai University, Tianjin 300350, China
Interests: green residential building; residential building energy use; transformation of urban neighbourhood
Prof. Dr. He He

E-Mail Website
Guest Editor
School of Economics, Shanghai University, Shanghai 200444, China
Interests: low-carbon development; environmental economics; CDM; carbon trading
Dr. Ye Cao

E-Mail Website
Guest Editor
School of Management, Hebei University, Baoding 071002, China
Interests: climate change; global value chain; energy economics

Special Issue Information

Dear Colleagues,

The Guest Editors are inviting submissions to a Special Issue of Energies entitled Carbon Neutrality in BRICS Economies. The energy mix optimization, low carbon transition, renewable energy deployment, and international cooperation are important concerns of the carbon neutrality in BRICS (Brazil, Russia, India, China, and South Africa) economies. There has been much emerging research on low carbon transitions and energy systems in BRICS economies in recent years. Moreover, the future low carbon development scenario and international industrial cooperation on renewable energy promotion are also promising research topics for researchers in environmental science and technology.

This Special Issue will deal with low carbon transition and energy innovation for carbon neutrality in BRICS economies. Topics of interest for publication include, but are not limited to:

  • Energy mix;
  • Cleaner electricity;
  • Phasing out coal use route;
  • Renewable and sustainable energy policy;
  • Carbon leakage;
  • Carbon budget;
  • Carbon neutrality scenarios;
  • Carbon trading market;
  • Carbon finance;
  • Urban carbon neutrality;
  • Carbon price and carbon tariff;
  • Just transition;
  • Low carbon transition;
  • Low carbon behaviour;
  • Land use change;
  • Carbon capture and storage;
  • Non-CO2 emissions reduction;
  • Net-zero emission buildings;
  • Low carbon measure in transportation sectors;
  • Social assessment of energy transition;
  • Decarbonisation in global value chains;
  • Transnational synergy in green development;
  • Embodied material flows in international trade;
  • International sectoral linkage on carbon mitigation;
  • Inter-regional and inter-sectoral interactions: towards concerted action.

Dr. Zhonghua Zhang
Dr. Ruilian Zhang
Dr. Song Wang
Dr. Rubing Ge
Dr. Yunxia Liu
Dr. He He
Dr. Ye Cao
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • BRICS economies
  • energy system
  • scenario analysis
  • renewable energy
  • decarbonisation
  • carbon peak
  • carbon neutrality
  • net-zero emission
  • climate change mitigation
  • transnational synergy

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Published Papers (5 papers)

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Research

17 pages, 1471 KiB  
Article
Modelling Structural Effect and Linkage on Carbon Emissions in China: An Environmentally Extended Semi-Closed Ghosh Input–Output Model
by Yongyou Nie, Yunhuan Gao and He He
Energies 2022, 15(17), 6104; https://doi.org/10.3390/en15176104 - 23 Aug 2022
Cited by 2 | Viewed by 1651
Abstract
The carbon emissions of sectors and households enabled by primary inputs have practical significance in reality. Considering the mutual effect between the industrial sector and the household, this paper firstly constructed an environmentally extended semi-closed Ghosh input–output model with an endogenized household sector [...] Read more.
The carbon emissions of sectors and households enabled by primary inputs have practical significance in reality. Considering the mutual effect between the industrial sector and the household, this paper firstly constructed an environmentally extended semi-closed Ghosh input–output model with an endogenized household sector to analyze the relationship between carbon emissions and the Chinese economy from the supply-side perspective. The structural decomposition analysis and the hypothetical extraction method were remodified to identify the supply-side driving effects of the changes in carbon emissions and investigate the net carbon linkage. The results show that the electricity, gas, and water supply sector was the key sector with the highest carbon emission intensity enabled by primary inputs. The household sector had an above 93% indirect effect of the enabled intensity, with its enabled intensity dropping significantly by more than 55% from 2007 to 2017. The operating surplus and mixed income caused 3214.67 Gt (34.17%) of the enabled emissions in 2017. The supply-side economic activity, measured by the value added per capita, was the main factor of the carbon emission growth, mainly attributed to the development of the manufacturing sector and the electricity, gas, and water supply sector. The emission intensity and allocation structure both brought a decrease in carbon emissions. The electricity, gas, and water supply sector and the manufacturing sector were the major sources of the supply-induced cross-sectoral input emissions, while the commercial and service sector and the household sector were the top source of supply-induced cross-sectoral output emissions. This paper sheds light on the policies of the carbon emission abatement and the adjustment of the allocation structure from the perspective of supply. Full article
(This article belongs to the Special Issue Carbon Neutrality in BRICS Economies)
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16 pages, 1057 KiB  
Article
Towards Optimized ARMGs’ Low-Carbon Transition Investment Decision Based on Real Options
by Ang Yang, Xiangyu Meng, He He, Liang Wang and Jing Gao
Energies 2022, 15(14), 5153; https://doi.org/10.3390/en15145153 - 15 Jul 2022
Cited by 4 | Viewed by 1801
Abstract
As a critical node of the global transportation network, ports have great potential in promoting transportation emission reduction. Promoting the low-carbon transition of ports by using clean energy is effective. Using hydrogen energy in automated container terminals (ACTs) has become popular in port [...] Read more.
As a critical node of the global transportation network, ports have great potential in promoting transportation emission reduction. Promoting the low-carbon transition of ports by using clean energy is effective. Using hydrogen energy in automated container terminals (ACTs) has become popular in port emission-reduction research. The research object is the main port equipment—the automated rail-mounted container gantry crane (ARMG). This research designs a staged investment decision-making scheme for ARMGs’ hydrogen energy transition. The Internet of Things (IoT) architecture in ACTs collects ARMG equipment operation and carbon emission data. It provides a basis for data acquisition in ARMGs’ hydrogen energy transition. Furthermore, ports can adopt big data technology to analyze the correlation between equipment operation and carbon emissions. Finally, the digital twin platform will visualize the ARMG equipment operation and carbon emission behavior to remote operators. These advanced technologies can achieve status monitoring and simulation prediction, which will support ARMGs’ hydrogen energy transition. However, the ARMGs’ hydrogen energy transition has a long cycle, large investment, and strong variability. Ports should make staged investment decisions based on the digital twin platform’s status monitoring and simulation prediction analysis results. Therefore, this research establishes an optimization model for ARMGs’ low-carbon transition investment decision based on the real options method, and analyzes the staged investment scale and timing of ARMGs’ hydrogen energy transition. The results provide a popularized decision-making scheme for the low-carbon transition of ports’ equipment, which could facilitate the low-carbon transition of ports’ equipment. Full article
(This article belongs to the Special Issue Carbon Neutrality in BRICS Economies)
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13 pages, 474 KiB  
Article
Carbon Emission Trading and Corporate Financing: Evidence from China
by Li Meng, Ke Wang, Taoyong Su and He He
Energies 2022, 15(14), 5036; https://doi.org/10.3390/en15145036 - 10 Jul 2022
Cited by 4 | Viewed by 1775
Abstract
As an important tool to control CO2 emission, carbon emission trading (CET) has been highlighted in prior studies for its positive effects on firms. However, we are concerned about the role of the CET in corporate financing. Through a quasi-natural experiment from [...] Read more.
As an important tool to control CO2 emission, carbon emission trading (CET) has been highlighted in prior studies for its positive effects on firms. However, we are concerned about the role of the CET in corporate financing. Through a quasi-natural experiment from China’s CET pilot, regarded as the start-up stage of China’s emission trading system, we investigate the manufacturing corporate financing (i.e., debt and commercial credit financing). The results show that the firms in China’s CET market have less debt financing. Additionally, in the heterogeneity analysis, we found that (1) the CET is negatively related to corporate financing when their financing constraints are weak, whereas it only reduces long-term debt for the firms with strong financing constraints. (2) The impact of the CET on corporate financing is not significant for the firms located in first-tier cities in China, but in other cities, the CET negatively influences firms’ long-term debt and contributes to commercial credit financing. (3) The CET only plays a negative role in long-term debt and a positive role in commercial credit financing for firms in high energy-consuming industries. This study enlightens the government to improve the emission trading system and increase financing support to manufacturing firms in the CET market. Full article
(This article belongs to the Special Issue Carbon Neutrality in BRICS Economies)
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18 pages, 1895 KiB  
Article
Impacts of Urban Development on Regional Green Development Efficiency—A Case of the Yangtze River Delta in China
by Dian Li, Ziheng Shangguan, Malan Huang, Xinyue Zhang and Lu Tang
Energies 2022, 15(13), 4785; https://doi.org/10.3390/en15134785 - 29 Jun 2022
Cited by 22 | Viewed by 1892
Abstract
Green development is a significant concept that cannot be ignored in contemporary society. However, in the context of China’s transition from high-speed growth to high-quality development, the complex impact of urban development has brought great challenges to the urban green environment. In this [...] Read more.
Green development is a significant concept that cannot be ignored in contemporary society. However, in the context of China’s transition from high-speed growth to high-quality development, the complex impact of urban development has brought great challenges to the urban green environment. In this paper, the impact of urban development on green development efficiency (GDE) was studied. First and foremost, a Super-SBM model was introduced to measure the GDE of 41 cities in the Yangtze River Delta during 2009–2018. Moreover, a Tobit model was used to analyze the correlation between four urban development factors, including economic development and GDE. According to the results, the mean GDE of the Yangtze River Delta is 0.824, and the GDE in most cities there has shown a fluctuating growth trend in this decade. By comparison, the GDEs of coastal cities and cities in the southeast of the Yangtze River Delta were generally higher than those of cities in the north, indicating that the green development is geographically unbalanced, and there is spatial heterogeneity in the area studied. The study’s results also suggest that the urban economic development, innovation level, and government planning play a significant role in stimulating urban green development, and that the expansion of urban construction area hinders the improvement of GDE. Full article
(This article belongs to the Special Issue Carbon Neutrality in BRICS Economies)
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16 pages, 2930 KiB  
Article
Institutional Logic of Carbon Neutrality Policies in China: What Can We Learn?
by Cheng Zhou, Ruilian Zhang, Julia Loginova, Vigya Sharma, Zhonghua Zhang and Zaijian Qian
Energies 2022, 15(12), 4391; https://doi.org/10.3390/en15124391 - 16 Jun 2022
Cited by 35 | Viewed by 6489
Abstract
Global warming is a critical crisis threatening human survival and development. International organizations and countries worldwide are introducing policies and practices to achieve carbon neutrality. In China, numerous carbon neutrality policies have been established; however, a systematic understanding of the underlying policy logic [...] Read more.
Global warming is a critical crisis threatening human survival and development. International organizations and countries worldwide are introducing policies and practices to achieve carbon neutrality. In China, numerous carbon neutrality policies have been established; however, a systematic understanding of the underlying policy logic is lacking. Using the institutional analysis and development (IAD) framework, this paper analyzes selected carbon neutrality policies in China. We conducted a bibliometric visualization analysis of the texts of 20 policies and matched their logic to the elements of the IAD framework. We established 90 keywords with occurrences of no less than 10 times in China’s carbon neutrality policies. The network visualization analysis identified six clusters. We discuss implementation challenges of China’s carbon neutrality policies, address the policy implementation, and finally outline impacts on China’s carbon neutrality governance. This study responds to the global concern over China’s carbon neutrality commitments by clarifying the institutional logic of China’s policies and actions. This study could provide a reference for countries worldwide that are designing and introducing carbon neutrality policies. Full article
(This article belongs to the Special Issue Carbon Neutrality in BRICS Economies)
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