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Research on the Collaborative Pollution Reduction Effect of Carbon Tax Policies

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  • Li Yang

    (School of Economics and Management, Xinjiang University, Urumqi 830046, China)

Abstract

This study builds a Computable General Equilibrium model to investigate the synergistic effects and simulate the co-benefits of carbon tax policies. The conclusions are as follows: After implementing a carbon tax policy, when the carbon tax increases from 30 CNY/ton to 130 CNY/ton, and the reduction in CO 2 emissions increases from 1.223 billion tons to 3.943 billion tons. At the same time, the reduction in SO 2 emissions rises from 326,200 tons to 1,052,200 tons. However, overall, the reduction rate of SO 2 is around 88.87% of the CO 2 reduction rate. Thus, a carbon tax is also an effective policy pathway for synergistic pollution reduction and carbon mitigation. In terms of industry output, among the 15 industries, sectors such as electricity generation, aviation, and tertiary industries have increased their output, with the electricity sector achieving the highest increase of 2.9816%. Other industries have exhibited varying degrees of decline, especially coal, natural gas, oil, nonferrous metals, chemicals, steel, and building materials, with the coal industry output decreasing the most, by −49.4924%. Regarding energy consumption, as the carbon tax increases, the consumption of coal, oil, and natural gas all show a downward trend, with coal experiencing the largest decrease, at −49.5640%.

Suggested Citation

  • Li Yang, 2024. "Research on the Collaborative Pollution Reduction Effect of Carbon Tax Policies," Sustainability, MDPI, vol. 16(2), pages 1-23, January.
  • Handle: RePEc:gam:jsusta:v:16:y:2024:i:2:p:935-:d:1324075
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    References listed on IDEAS

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    4. Löfgren, Hans & Harris, Rebecca Lee & Robinson, Sherman, 2001. "A standard computable general equilibrium (CGE) model in GAMS," TMD discussion papers 75, International Food Policy Research Institute (IFPRI).
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