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An Economy-wide Analysis of the Energy and Environmental Impacts of International Trade Policy Adjustments for Chemical Industry in China

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Abstract

In China, the proportion of energy consumption and carbon emissions embodied in international trade in chemical industry is high. It is important to consider how international trade policy adjustments in chemical industry will affect the economy and environment so as to achieve the goal of carbon intensity. This study investigates the impact of international trade policy adjustments. We adopt a computable general equilibrium model to simulate the impacts of trade policy adjustment. The result shows all adjustment plans cause economic losses. All plans will promote energy structure toward cleaner. All plans reduce CO2 emissions and energy consumption but cannot realize the carbon intensity and energy intensity target. The adjustment of tariff policy in basic raw materials sector should be smaller than that of other sectors. Raising the export tariff is the best policy choice for achieving the carbon intensity target, but other low-carbon policies should be introduced. In particular, protection measures should be taken for the energy industry.

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Data Availability

The datasets used and/or analyzed for the current study are available from the corresponding author on request.

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Acknowledgements

The authors thank the support from the National Natural Science Foundation of China [grant number 72074022,71521002] and the National Key Research and Development Program of China [grant numbers 2016YFA0602600].

Funding

This work was supported by the National Natural Science Foundation of China [grant number 72074022, 71521002] and the National Key Research and Development Program of China [grant numbers 2016YFA0602600].

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Contributions

Jin-Xiao Tan contributed to formal analysis, investigation, data curation, and writing—original draft; Yun-Fei Yao contributed to methodology and validation; Biying Yu contributed to resources, supervision, and visualization; Guangpu Zhao contributed to writing—review and editing; Qiao-Mei Liang contributed to software, conceptualization, resources, writing—review and editing, visualization, and supervision.

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Correspondence to Qiao-Mei Liang.

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The authors declare no competing interests.

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Tan, JX., Yao, YF., Yu, B. et al. An Economy-wide Analysis of the Energy and Environmental Impacts of International Trade Policy Adjustments for Chemical Industry in China. Environ Sci Pollut Res 29, 60067–60083 (2022). https://doi.org/10.1007/s11356-022-20044-0

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  • DOI: https://doi.org/10.1007/s11356-022-20044-0

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