Global warming resulting from greenhouse gas emissions has been a worldwide issue facing humanity. Simultaneously, governments have the challenging task of striking a judicious balance between increased economic growth and decreased carbon emissions. Based on the energy-environment-economy triple coupling (3E-CGE) model, we endogenously integrate climate-friendly technologies into the model’s analysis framework through logic curves and refine and modify the CGE model’s energy use and carbon emission modules. We conduct a scenario simulation and sensitivity analysis on carbon tax, carbon-trading, and climate-friendly technological progress, respectively. The results reveal that carbon tax and carbon trading contribute to reducing carbon emissions in the short-term but achieving the goals of peak carbon and carbon neutrality will cause the collapse of the economic system. In the long-term, climate-friendly technologies are key to achieving the dual carbon goal; the development of such technologies can also stimulate economic development. The best path for China to achieve its dual carbon goals and economic development in the next 40 years involves effectively combining the carbon tax, carbon trading, and a climate-friendly technological progress. Specifically, China can begin trading carbon in high-emissions industries then impose industry-wide carbon taxes.
Green credit is an indispensable funding source through which China can achieve its carbon neutrality goal. This paper quantifies the influences of different green credit scales on energy structures, carbon reduction, the industrial economy, and the macroeconomy. It creates a green credit mechanism related to green technology innovation in a Chinese carbon neutrality computable general equilibrium (CGE) model and integrates energy, environmental, economic, and financial (3EF) systems. The green credit scale can influence green technology innovation and hence CO2 emissions. The results show that (1) green credit can accelerate China’s achievement of its carbon neutrality goal, and the larger the green credit scale, the less time it takes to achieve goals; (2) the influence of green credit scales confers marginal decreasing effects with realistic policy considerations; (3) using a cost–benefit perspective, 60% is the most appropriate green credit scale to use to achieve dual carbon goals in China; (4) the different green credit scales have a heterogeneous impact on the industry output, and high-carbon-emission producers from nonenergy industries need to pay attention to their green credit risk. This research provides a scientific reference for the policy design of China’s future green financial market development.
Comprehensive accounting of carbon emissions and carbon sinks in the agricultural sector is crucial for China to achieve its carbon neutrality goal as early as possible. This paper develops a comprehensive and scientific accounting system to recalculate China’s agriculture sector’s carbon emissions and sinks from 1995 to 2020, taking into account both resource inputs and productive activities. Subsequently, the STIRPAT model is employed to predict alterations in carbon emissions and sinks across different scenarios. The results show that energy consumption, chemical inputs, and farmland soil management have surpassed livestock and poultry breeding as the main contributors to agricultural carbon emissions. Furthermore, this paper classifies 31 provinces in China into five distinct types based on the variations in agricultural carbon emissions and carbon sinks. These types include carbon sink-dominated regions, paddy planting-dominated regions, livestock farming-dominated regions, resource inputs-dominated regions, and composite factor-dominated regions. In addition, the extent of agricultural technology and the magnitude of agricultural development are the key factors impacting China’s agricultural carbon emissions and carbon sinks, respectively. Prior to 2045, agricultural carbon emissions must be directly reduced as much as possible, and their source must be controlled; following that year, the role of carbon sequestration will become more prominent, and the active development of agricultural carbon sinks will be more beneficial in achieving agricultural carbon neutrality.