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Cost and potential for CO2 emissions reduction in China's petroleum refining sector: a bottom up analysis
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| Veröffentlicht in: | Energy reports 6(2020) vom: Feb., Seite 497-506 |
|---|---|
| Personen und Körperschaften: | , , , |
| Titel: | Cost and potential for CO2 emissions reduction in China's petroleum refining sector: a bottom up analysis/ Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu |
| Format: | E-Book-Kapitel |
| Sprache: | Englisch |
| veröffentlicht: |
2020
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| Gesamtaufnahme: |
: Energy reports, 6(2020) vom: Feb., Seite 497-506
, volume:6 |
| Schlagwörter: | |
| Quelle: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
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| 520 | |a The petroleum refining sector is energy intensive and has been identified as one of the target industries for CO2 emissions control by China's emissions trading scheme. A detailed accounting of the cost of emissions reduction is of great significance for the petroleum refining sector to comply with emission reduction target. In this paper, six categories of CO2 abatement technologies are identified in China's petroleum refining sector, their CO2 emissions reduction cost as well as the potential are estimated using a bottom-up method. Most of the technologies in the sector are cost-effective, which has contributed approximately 76.4% of sectoral total emissions reduction. New equipment technology provides the greatest contribution to emissions reduction, while new materials technology offers the lowest contribution. The implementation of the emissions trading scheme will increase the potential for emissions reduction only if the CO2 price can be higher than 200 CNY/t. Given the amount of emissions reduction that technologies can provide will not exceed 40% of the total emissions; firms must find more diversified ways when facing more stringent emissions control. | ||
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| contents | The petroleum refining sector is energy intensive and has been identified as one of the target industries for CO2 emissions control by China's emissions trading scheme. A detailed accounting of the cost of emissions reduction is of great significance for the petroleum refining sector to comply with emission reduction target. In this paper, six categories of CO2 abatement technologies are identified in China's petroleum refining sector, their CO2 emissions reduction cost as well as the potential are estimated using a bottom-up method. Most of the technologies in the sector are cost-effective, which has contributed approximately 76.4% of sectoral total emissions reduction. New equipment technology provides the greatest contribution to emissions reduction, while new materials technology offers the lowest contribution. The implementation of the emissions trading scheme will increase the potential for emissions reduction only if the CO2 price can be higher than 200 CNY/t. Given the amount of emissions reduction that technologies can provide will not exceed 40% of the total emissions; firms must find more diversified ways when facing more stringent emissions control. |
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| spelling | Li, Yuan VerfasserIn (DE-588)1149688572 (DE-627)1009891510 (DE-576)49678854X aut, Cost and potential for CO2 emissions reduction in China's petroleum refining sector a bottom up analysis Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu, 2020, Text txt rdacontent, Computermedien c rdamedia, Online-Ressource cr rdacarrier, DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2, The petroleum refining sector is energy intensive and has been identified as one of the target industries for CO2 emissions control by China's emissions trading scheme. A detailed accounting of the cost of emissions reduction is of great significance for the petroleum refining sector to comply with emission reduction target. In this paper, six categories of CO2 abatement technologies are identified in China's petroleum refining sector, their CO2 emissions reduction cost as well as the potential are estimated using a bottom-up method. Most of the technologies in the sector are cost-effective, which has contributed approximately 76.4% of sectoral total emissions reduction. New equipment technology provides the greatest contribution to emissions reduction, while new materials technology offers the lowest contribution. The implementation of the emissions trading scheme will increase the potential for emissions reduction only if the CO2 price can be higher than 200 CNY/t. Given the amount of emissions reduction that technologies can provide will not exceed 40% of the total emissions; firms must find more diversified ways when facing more stringent emissions control., DE-206 Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International CC BY-NC-ND 4.0 cc https://creativecommons.org/licenses/by-nc-nd/4.0/, Aufsatz in Zeitschrift DE-206, Wang, Beixing VerfasserIn (DE-588)1208032925 (DE-627)1694341747 aut, Xie, Yanli VerfasserIn (DE-588)1208032976 (DE-627)1694341895 aut, Zhu, Lei VerfasserIn (DE-588)1100288546 (DE-627)859260682 (DE-576)46958369X aut, Enthalten in Energy reports Amsterdam [u.a.] : Elsevier, 2015 6(2020) vom: Feb., Seite 497-506 Online-Ressource (DE-627)820689033 (DE-600)2814795-9 (DE-576)427950821 2352-4847 nnns, volume:6 year:2020 month:02 pages:497-506, https://www.sciencedirect.com/science/article/pii/S2352484719307243/pdfft?md5=04bde1c292c3747f690590cbbc5cce0d&pid=1-s2.0-S2352484719307243-main.pdf Verlag kostenfrei, https://doi.org/10.1016/j.egyr.2020.02.011 Resolving-System kostenfrei, http://hdl.handle.net/10419/244052 Resolving-System kostenfrei, https://doi.org/10.1016/j.egyr.2020.02.011 LFER, https://www.sciencedirect.com/science/article/pii/S2352484719307243/pdfft?md5=04bde1c292c3747f690590cbbc5cce0d&pid=1-s2.0-S2352484719307243-main.pdf LFER, LFER 2020-04-07T00:00:00Z |
| spellingShingle | Li, Yuan, Wang, Beixing, Xie, Yanli, Zhu, Lei, Cost and potential for CO2 emissions reduction in China's petroleum refining sector: a bottom up analysis, The petroleum refining sector is energy intensive and has been identified as one of the target industries for CO2 emissions control by China's emissions trading scheme. A detailed accounting of the cost of emissions reduction is of great significance for the petroleum refining sector to comply with emission reduction target. In this paper, six categories of CO2 abatement technologies are identified in China's petroleum refining sector, their CO2 emissions reduction cost as well as the potential are estimated using a bottom-up method. Most of the technologies in the sector are cost-effective, which has contributed approximately 76.4% of sectoral total emissions reduction. New equipment technology provides the greatest contribution to emissions reduction, while new materials technology offers the lowest contribution. The implementation of the emissions trading scheme will increase the potential for emissions reduction only if the CO2 price can be higher than 200 CNY/t. Given the amount of emissions reduction that technologies can provide will not exceed 40% of the total emissions; firms must find more diversified ways when facing more stringent emissions control., Aufsatz in Zeitschrift |
| title | Cost and potential for CO2 emissions reduction in China's petroleum refining sector: a bottom up analysis |
| title_auth | Cost and potential for CO2 emissions reduction in China's petroleum refining sector a bottom up analysis |
| title_full | Cost and potential for CO2 emissions reduction in China's petroleum refining sector a bottom up analysis Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu |
| title_fullStr | Cost and potential for CO2 emissions reduction in China's petroleum refining sector a bottom up analysis Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu |
| title_full_unstemmed | Cost and potential for CO2 emissions reduction in China's petroleum refining sector a bottom up analysis Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu |
| title_in_hierarchy | Cost and potential for CO2 emissions reduction in China's petroleum refining sector: a bottom up analysis / Yuan Li, Beixing Wang, Yanli Xie, Lei Zhu, |
| title_short | Cost and potential for CO2 emissions reduction in China's petroleum refining sector |
| title_sort | cost and potential for co2 emissions reduction in china s petroleum refining sector a bottom up analysis |
| title_sub | a bottom up analysis |
| topic | Aufsatz in Zeitschrift |
| topic_facet | Aufsatz in Zeitschrift |
| url | https://www.sciencedirect.com/science/article/pii/S2352484719307243/pdfft?md5=04bde1c292c3747f690590cbbc5cce0d&pid=1-s2.0-S2352484719307243-main.pdf, https://doi.org/10.1016/j.egyr.2020.02.011, http://hdl.handle.net/10419/244052 |