IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v20y2023i6p5167-d1097881.html
   My bibliography  Save this article

Low-Carbon Path Transformation for Different Types of Enterprises under the Dual-Carbon Target

Author

Listed:
  • Qibao Shi

    (School of Economics and Management, Shanghai University of Political Science and Law, Shanghai 201701, China)

  • Weina Xu

    (School of Economics and Management, Shanghai University of Political Science and Law, Shanghai 201701, China)

Abstract

Under pressure from the environment and resources, emission peak and carbon neutrality have rapidly become a global issue. The optimization of the ecological goal should be in line with the energy target. In most instances, however, the economic and the ecological goals cannot be unified. This paper establishes a multi-objective optimization model that maximizes the economic benefit of enterprises and the ecosystem activity of the government in the meantime. The idea point method is used in solving this multi-objective optimization problem in the form of a single-objective optimization problem. The numerical experiment documents four types of Chinese enterprises, which are primary resources, industrial manufacturing, public services and commercial consumption. Some management insights are summarized at the end, such as the cores of achieving high-quality and low-carbon development are industrial manufacturing and public services in China.

Suggested Citation

  • Qibao Shi & Weina Xu, 2023. "Low-Carbon Path Transformation for Different Types of Enterprises under the Dual-Carbon Target," IJERPH, MDPI, vol. 20(6), pages 1-14, March.
  • Handle: RePEc:gam:jijerp:v:20:y:2023:i:6:p:5167-:d:1097881
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/20/6/5167/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1660-4601/20/6/5167/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wang, Ke & Zhang, Xian & Yu, Xueying & Wei, Yi-Ming & Wang, Bin, 2016. "Emissions trading and abatement cost savings: An estimation of China's thermal power industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1005-1017.
    2. Orlov, Anton & Grethe, Harald & McDonald, Scott, 2013. "Carbon taxation in Russia: Prospects for a double dividend and improved energy efficiency," Energy Economics, Elsevier, vol. 37(C), pages 128-140.
    3. O'Ryan, Raúl & de Miguel, Carlos J. & Miller, Sebastian & Munasinghe, Mohan, 2005. "Computable general equilibrium model analysis of economywide cross effects of social and environmental policies in Chile," Ecological Economics, Elsevier, vol. 54(4), pages 447-472, September.
    4. Seck, Abdoulaye, 2012. "International technology diffusion and economic growth: Explaining the spillover benefits to developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 437-451.
    5. Zhu, Qing & Lu, Kai & Liu, Shan & Ruan, Yinglin & Wang, Lin & Yang, Sung-Byung, 2022. "Can low-carbon value bring high returns? Novel quantitative trading from portfolio-of-investment targets in a new-energy market," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 755-769.
    6. Ahmad Rezaee & Farzad Dehghanian & Behnam Fahimnia & Benita Beamon, 2017. "Green supply chain network design with stochastic demand and carbon price," Annals of Operations Research, Springer, vol. 250(2), pages 463-485, March.
    7. Matthew, George Jr. & Nuttall, William J & Mestel, Ben & Dooley, Laurence S, 2017. "A dynamic simulation of low-carbon policy influences on endogenous electricity demand in an isolated island system," Energy Policy, Elsevier, vol. 109(C), pages 121-131.
    8. McKinnon, A.C. & Piecyk, M.I., 2009. "Measurement of CO2 emissions from road freight transport: A review of UK experience," Energy Policy, Elsevier, vol. 37(10), pages 3733-3742, October.
    9. Chen, Wen & Zhu, Yufeng & He, Zehui & Yang, Yang, 2022. "The effect of local government debt on green innovation: Evidence from Chinese listed companies," Pacific-Basin Finance Journal, Elsevier, vol. 73(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yan Fang & Yiping Jiang & Lijun Sun & Xingxing Han, 2018. "Design of Green Cold Chain Networks for Imported Fresh Agri-Products in Belt and Road Development," Sustainability, MDPI, vol. 10(5), pages 1-18, May.
    2. Vera, Sonia & Sauma, Enzo, 2015. "Does a carbon tax make sense in countries with still a high potential for energy efficiency? Comparison between the reducing-emissions effects of carbon tax and energy efficiency measures in the Chile," Energy, Elsevier, vol. 88(C), pages 478-488.
    3. Svetlana Vladislavlevna Lobova & Aleksei Valentinovich Bogoviz & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2019. "The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 205-211.
    4. Uwe Cantner & Martin Kalthaus & Matthias Menter & Pierre Mohnen, 2023. "Global knowledge flows: characteristics, determinants, and impacts," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 32(5), pages 1063-1076.
    5. Lachaud, Michée A. & Bravo-Ureta, Boris E., 2022. "A Bayesian statistical analysis of return to agricultural R&D investment in Latin America: Implications for food security," Technology in Society, Elsevier, vol. 70(C).
    6. Jie Yan & Ruiliang Wang, 2024. "Green Fiscal and Tax Policies in China: An Environmental Dynamic Stochastic General Equilibrium Approach," Sustainability, MDPI, vol. 16(9), pages 1-24, April.
    7. Sahar Validi & Arijit Bhattacharya & P. J. Byrne, 2020. "Sustainable distribution system design: a two-phase DoE-guided meta-heuristic solution approach for a three-echelon bi-objective AHP-integrated location-routing model," Annals of Operations Research, Springer, vol. 290(1), pages 191-222, July.
    8. Zuo, Chengchoa & Birkin, Mark & Clarke, Graham & McEvoy, Fiona & Bloodworth, Andrew, 2018. "Reducing carbon emissions related to the transportation of aggregates: Is road or rail the solution?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 117(C), pages 26-38.
    9. Chen, Zi-yue & Nie, Pu-yan, 2016. "Effects of carbon tax on social welfare: A case study of China," Applied Energy, Elsevier, vol. 183(C), pages 1607-1615.
    10. Tseng, Po-Hsing & Lin, Dung-Ying & Chien, Steven, 2014. "Investigating the impact of highway electronic toll collection to the external cost: A case study in Taiwan," Technological Forecasting and Social Change, Elsevier, vol. 86(C), pages 265-272.
    11. Chen, Zhenling & Yuan, Xiao-Chen & Zhang, Xiaoling & Cao, Yunfei, 2020. "How will the Chinese national carbon emissions trading scheme work? The assessment of regional potential gains," Energy Policy, Elsevier, vol. 137(C).
    12. Meng, Xiaoge & Yao, Zhong & Nie, Jiajia & Zhao, Yingxue & Li, Zenglu, 2018. "Low-carbon product selection with carbon tax and competition: Effects of the power structure," International Journal of Production Economics, Elsevier, vol. 200(C), pages 224-230.
    13. Enci Wang & Jianyun Nie & Hong Zhan, 2022. "The Impact of Carbon Emissions Trading on the Profitability and Debt Burden of Listed Companies," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
    14. Pinglin He & Jing Ning & Zhongfu Yu & Hao Xiong & Huayu Shen & Hui Jin, 2019. "Can Environmental Tax Policy Really Help to Reduce Pollutant Emissions? An Empirical Study of a Panel ARDL Model Based on OECD Countries and China," Sustainability, MDPI, vol. 11(16), pages 1-32, August.
    15. Palander, Teijo & Haavikko, Hanna & Kärhä, Kalle, 2018. "Towards sustainable wood procurement in forest industry – The energy efficiency of larger and heavier vehicles in Finland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 100-118.
    16. Hu, Jing & Zhong, Lejia & Qiao, Jingyuan, 2024. "Equity pledge and debt financing of listed companies," Finance Research Letters, Elsevier, vol. 59(C).
    17. Liping Wang & Zhijia Wang & Lili Tian & Chuang Li, 2022. "Evolutionary Game and Numerical Simulation of Enterprises’ Green Technology Innovation: Based on the Credit Sales Financing Service of Supply Chain," Sustainability, MDPI, vol. 15(1), pages 1-25, December.
    18. Benvenutti, Lívia M. & Uriona-Maldonado, Mauricio & Campos, Lucila M.S., 2019. "The impact of CO2 mitigation policies on light vehicle fleet in Brazil," Energy Policy, Elsevier, vol. 126(C), pages 370-379.
    19. Nuez, Ignacio & Osorio, Javier, 2019. "Calculation of tourist sector electricity consumption and its cost in subsidised insular electrical systems: The case of the Canary Islands, Spain," Energy Policy, Elsevier, vol. 132(C), pages 839-853.
    20. Song, Yazhi & Liu, Tiansen & Liang, Dapeng & Li, Yin & Song, Xiaoqiu, 2019. "A Fuzzy Stochastic Model for Carbon Price Prediction Under the Effect of Demand-related Policy in China's Carbon Market," Ecological Economics, Elsevier, vol. 157(C), pages 253-265.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:20:y:2023:i:6:p:5167-:d:1097881. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.