A Review on the CO2 Emission Reduction Scheme and Countermeasures in China’s Energy and Power Industry under the Background of Carbon Peak

Abstract

To reach the peak of carbon emission in China, the energy and power industry has the most arduous task and the heaviest responsibility. It should not only ensure efficient economic development, but also complete the arduous task of energy conservation and emission reduction. It is the main force in helping reach the peak of carbon emission. Taking the achievement of carbon peak in China’s power industry as the research object, this paper utilizes time series analyses to establish CO2 emission prediction models for China and its power industry under two scenarios: with and without a carbon peak target. The paper analyzes the current status of achieving carbon peak in China’s power industry and puts a forward CO2 emission reduction scheme for China and its power industry in the future. On this basis, countermeasures for China’s power industry to deal with carbon peak are explored.