Table 3 Peak and cumulative GHG emissions under various externality scenarios.

From: Greenhouse gas consequences of the China dual credit policy

Scenario

Year of peak GHG emissions

Peak annual GHG emissions (Mt)a

Cumulative GHG emissions 2020–2040 (Mt)a

DC-Reference

2032

799 (baseline)

15,917 (baseline)

DC-LOP

2032

807 (+1.0%)

16,077 (+1.0%)

DC-BCI

2033

807 (+1.0%)

15,959 (+0.3%)

DC-LBC

2032

809 (+1.2%)

15,954 (+0.2%)

DC-HOP

2032

782 (−2.1%)

15,437 (−3.0%)

DC-Optimistic

2030

762 (−4.6%)

14,880 (−6.5%)

  1. aThe percentage in parentheses represents the difference between that scenario and the DC-reference scenario.