Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Impact of China’s New Energy Vehicles on the Realization of Carbon “Zero-emission” and Future Trend Analysis

Authors
Hanzi Gong1, , Xinran Shi2, , Xinyue Zou3, , *
1School of Business Administration, Shandong University of Finance and Economics, Jinan,250220, China
2Xin Fuxue International Academy, Beijing,101399, China
3School of Accounting and Finance, Zhongnan University of Economics and Law, Wuhan,430073, China

These authors contributed equally

*Corresponding author. Email: xinyue.zou@stu.zuel.edu.cn
Corresponding Author
Xinyue Zou
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.250How to use a DOI?
Keywords
China new energy vehicles; Carbon neutral; Carbon emissions; Traditional energy; New energy; Photovoltaic
Abstract

The “green earth” is the common home for human survival and development. Climate change is a serious challenge to the earth’s ecosystem since global industrialization and energy is the fundamental problem of human society. Under the pressure of energy crisis and environmental pollution, it has become an inevitable choice to find new energy vehicles to replace fuel cars, however, the new energy vehicles, mainly pure electric vehicles and hybrid vehicles, are not completely harmless to the environment. The reason is that China’s thermal power generation method is also very polluting, and the power industry has become one of the largest polluting industries in China.

Based on the meaning of carbon neutrality, this paper explores the impact of new energy vehicles in China on the market to achieve carbon “zero emissions”, and analyses the contribution of new energy vehicles to the reduction of oil consumption and carbon emissions generated during battery power generation by accounting for the carbon emissions of new energy vehicles, providing a practical and effective solution to seek green development of the new energy vehicle industry from the top level. This paper argues that to achieve the goal of carbon neutrality by 2060, China needs to continuously optimize the supply and demand structure of new energy vehicles and vigorously develop the photovoltaic industry, which will be a huge driving force for achieving a low-carbon economy.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.250How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Hanzi Gong
AU  - Xinran Shi
AU  - Xinyue Zou
PY  - 2022
DA  - 2022/03/26
TI  - The Impact of China’s New Energy Vehicles on the Realization of Carbon “Zero-emission” and Future Trend Analysis
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1530
EP  - 1536
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.250
DO  - 10.2991/aebmr.k.220307.250
ID  - Gong2022
ER  -