Analysis of carbon emissions reduction of China's metallurgical industry

The metallurgy industry plays a very important role in China's economic growth. Due to its energy concentration, the energy consumption of the industry accounts for a large proportion of China's total energy consumption, and thus contributes to carbon emissions. Whether the metallurgy industry can successfully reduce emissions is related to the future of China's carbon emissions targets. In this paper, the logarithmic mean Divisia index model is used to analyze the change in China's carbon dioxide emissions from 1991 to 2014. The empirical results show that there are three main factors affecting the carbon dioxide emissions of China's metallurgy industry. The three factors are labor productivity, energy intensity and industry size. In addition, we further analyzed the deep motivation of carbon dioxide emissions in the industry, and calculated the future emission reduction potentials. Lastly, according to the empirical results, the paper proposes policy recommendations for the future emission reduction of China's metallurgy industry. (C) 2017 Elsevier Ltd. All rights reserved.