Abstract
In November 12th, 2014, Chinese government officially announced reaching the peak of CO2 emissions around 2030. Baoding, as one of the first low-carbon pilot cities in China, bore an important mission and set an example to other cities to reach the peak of carbon emissions before 2030. This paper employed a computable general equilibrium model to simulate the industrial structure and social welfare of Baoding in different scenarios. And the calculation results have shown that on the principle of the optimal industrial structure and the minimum social welfare loss and a consideration of industrial economic development, the best time of CO2 emissions peak for Baoding was 2025 when its total emissions would reach 2.84 million tons. Finally, some suggestions were given to guide this city to reduce carbon emissions in industrial development.
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