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Breaking down barriers on PV trade will facilitate global carbon mitigation

Author

Listed:
  • Mudan Wang

    (Beijing Normal University
    Beijing Normal University)

  • Xianqiang Mao

    (Beijing Normal University
    Beijing Normal University)

  • Youkai Xing

    (Beijing Normal University
    Beijing Normal University
    Transport Planning and Research Institute, Ministry of Transport)

  • Jianhong Lu

    (Beijing Normal University
    Beijing Normal University)

  • Peng Song

    (Chongqing University)

  • Zhengyan Liu

    (Beijing Normal University
    Institute of Spatial Planning and Regional Economy, China Academy of Macroeconomic Research)

  • Zhi Guo

    (Beijing Normal University
    Beijing Normal University)

  • Kevin Tu

    (Center on Global Energy Policy at Columbia University SIPA)

  • Eric Zusman

    (Institute for Global Environmental Strategies
    National Institute for Environmental Studies)

Abstract

The global trade of solar photovoltaic (PV) products substantially contributes to increases in solar power generation and carbon emissions reductions. This paper depicts global PV product trade patterns, explores emissions reduction potential, and evaluates the impeding effect of tariff barriers on global PV product trade and emissions reductions. Solar power generation will result in a reduction of emissions in a range of 50–180 gigatons of carbon dioxide equivalent (GtCO2e) between 2017 and 2060 in a business as usual (BAU) scenario. Compared with BAU, during 2017–2060, global total solar cell and module production and installation will increase by roughly 750 gigawatts (GW) if half of the status quo trade barrier are removed, while it will decrease by 160–370 GW under tensioned trade barrier scenarios. Trade barrier reduction by half from the 2017 status quo level will increase the net carbon emissions mitigation potential by 4–12 GtCO2e by 2060, while extra trade barrier imposition will result in global net carbon emissions mitigation potential decreasing by up to 3–4 GtCO2e by 2060. Well-coordinated policy and institutional reforms are recommended to facilitate PV product trade and to deliver the related global environmental benefits.

Suggested Citation

  • Mudan Wang & Xianqiang Mao & Youkai Xing & Jianhong Lu & Peng Song & Zhengyan Liu & Zhi Guo & Kevin Tu & Eric Zusman, 2021. "Breaking down barriers on PV trade will facilitate global carbon mitigation," Nature Communications, Nature, vol. 12(1), pages 1-16, December.
  • Handle: RePEc:nat:natcom:v:12:y:2021:i:1:d:10.1038_s41467-021-26547-7
    DOI: 10.1038/s41467-021-26547-7
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    3. Song, Peng & Mao, Xianqiang & Li, Ziyan & Tan, Zhixiong, 2023. "Study on the optimal policy options for improving energy efficiency and Co-controlling carbon emission and local air pollutants in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 175(C).
    4. Shuhong Wang & Yuqing He & Hanxue Chen, 2023. "Can raising trade barriers curb industrial pollution emissions?," Energy & Environment, , vol. 34(7), pages 2454-2477, November.
    5. Bacchetta, Marc & Bekkers, Eddy & Solleder, Jean-Marc & Tresa, Enxhi, 2023. "The potential impact of environmental goods trade liberalization on trade and emissions," WTO Staff Working Papers ERSD-2023-05, World Trade Organization (WTO), Economic Research and Statistics Division.

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