Assessment of Carbon Emission and Carbon Sink Capacity of China’s Marine Fishery under Carbon Neutrality Target

Abstract

Excessive carbon emissions will cause irreversible damage to the human living environment. Therefore, carbon neutrality has become an inevitable choice for sustainable development. Marine fishery is an essential pathway for biological carbon sequestration. However, it is also a source of carbon emissions. From this perspective, an in-depth assessment of the performance of carbon emissions and sinks from marine fisheries is required to achieve the goal of carbon neutrality. This paper measured the carbon emissions, carbon sinks, and net carbon emissions of marine fisheries in nine coastal provinces of China from 2005 to 2020 for the first time. Based on the calculation results, the log-mean decomposition index method was used to analyze the driving factors of net carbon emissions. The results suggested that, from 2005 to 2020, both the carbon emissions and carbon sinks of China’s marine fisheries increased, and the net carbon emissions showed a downward trend. There were variations in the performance of carbon emissions, carbon sinks, and net carbon emissions in different provinces, and only Shandong could consistently achieve carbon neutrality. Fujian and Liaoning achieved carbon neutrality in 2020. In terms of the contribution of each factor, the industrial structure was the main positive driver, and carbon intensity was the main negative driver. Based on the empirical results, this paper suggested increasing the implementation of the carbon tax policy, establishing a farming compensation mechanism and promoting carbon emissions trading and international blue carbon trading. The results could give a reference for the energy conservation and emission reduction of marine fisheries while enhancing the ecological benefits of their carbon sinks and helping to achieve the carbon neutrality target.