Impacts of Carbon Border Adjustment Mechanism on the Development of Chinese Steel Enterprises and Government Management Decisions: A Tripartite Evolutionary Game Analysis

Опубликована: Фев. 5, 2024

Upon the implementation of European Union Carbon Border Adjustment Mechanism (CBAM), substantial challenges are anticipated to impact international trade Chinese steel products. To safeguard competitiveness products on global stage, this paper establishes a tripartite evolutionary game model, involving large enterprises, small and medium-sized government. The model integrates collaborative emission reduction free-riding benefits among along with government's dynamic subsidies penalties. analyzes trends stable states three parties during different stages CBAM, including sensitivity analysis key parameters. findings indicate that enterprises demonstrate heightened while more significantly influenced by benefits. Government intervention should be strategically timed incline towards passive management strengthening phase CBAM. Additionally, refinement carbon market emerges as an effective means counter This provides theoretical support for how government can respond aiding stakeholders in selecting optimal strategies mitigating impacts CBAM maximum extent possible.

Язык: Английский

Sustainable Textile Manufacturing with Revolutionizing Textile Dyeing: Deep Learning-Based, for Energy Efficiency and Environmental-Impact Reduction, Pioneering Green Practices for a Sustainable Future

Sustainability, Год журнала: 2024, Номер 16(18), С. 8152 - 8152

Опубликована: Сен. 18, 2024

The textile industry, a substantial component of the global economy, holds significant importance due to its environmental impacts. Particularly, use water and chemicals during dyeing processes raises concerns in context climate change sustainability. Hence, it is crucial from both economic standpoints for factories adopt green industry standards, particularly their operations. Adapting aims reduce energy consumption processes, minimize waste, decrease carbon footprint. This approach has become achieving sustainability textiles following signing Paris Climate Agreement. Important elements this transformation include reuse washing waters used process, recycling wastewater, enhancement efficiency through necessary methodological equipment changes. study analyzes energy, labor, production, data since 2011 with four branches located Adana Organized Industrial Zone. Among these factories, one designated as UT1, which highest average compared other three branches, selected. In recent years, artificial intelligence machine learning technologies predicting industrial been increasingly observed. are analyzed using LSTM (Long Short-Term Memory) ANN (Artificial Neural Networks) forecasting methods. algorithms, provided most accurate results, have enabled advanced electricity future years. 2020, was recorded 3,717,224 kWh reflected total cost TRY 1,916,032. Electricity accounts 22.34% consumption, while share type 43.25%. light data, MAPE value forecasts model 0.45%, shows that able forecast high accuracy. As result, solar power plant installed optimize 2023 60% savings were achieved summer 25% winter. results an essential guide planning strategic initiatives enhance factory efficiency. Following improvement efforts aimed at reducing lowering footprint, optimizations layouts made specific bottleneck points within facility. These improvements led time, space, reduced unit production costs.

Язык: Английский

The Impact of the EU’s CBAM on China’s Carbon Emission Policy

Climate, Год журнала: 2024, Номер 13(1), С. 5 - 5

Опубликована: Дек. 30, 2024

The European Union’s Carbon Border Adjustment Mechanism (CBAM) has not only accelerated the development of China’s energy policy, but it also posed new obstacles. This paper aims to explore influence CBAM at various phases its evolution on policy formulation for six main high-emission industries. analysis indicates that Chinese government, in response demands CBAM, expanded emission reduction programs. These now include sustainable endeavors, like hydrogen, alongside traditional Moreover, government implemented 39 initiatives conservation and reduction. seek restructure industrial frameworks via legislative modifications, enhance manufacturing methodologies, establish stringent regulations. Nonetheless, there is insufficient adherence implementation industries, failing provide substantial reductions emissions. In light from carbon taxes own objectives, prioritized enhancing enforcement sectors.

Язык: Английский