Simulating the economic and health impacts of synergistic emission reduction from accelerated energy transition in Guangdong-Hong Kong-Macao Greater Bay Area between 2020 and 2050

Keyang Jiang,Ying Zhou, Zhihui Zhang,Shaoqing Chen,Rongliang Qiu

APPLIED ENERGY(2024)

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Abstract
The pace of energy transition plays a pivotal role in realizing cleaner air and combating climate change in the forthcoming decades. In this study, using a system -based model, we assessed and simulated the climatic, economic and health impacts of synergistic reduction of CO 2 and primary air pollutants (i.e., NO X , SO 2 , PM 2.5 , and PM 10 ) under different paths of accelerated energy transition in Guangdong -Hong Kong -Macao Greater Bay Area (GBA) of China over 2017 - 2050. We show that fast decarbonization of the energy system targeting China ' s carbon peaking and carbon neutrality goal may lead to 90% (270 Mt) more reduction of GBA ' s CO 2 emissions between 2020 and 2050, compared to Business -As -Usual scenario, meanwhile all primary pollutants would be reduced by 70% - 80%, much higher than the scenarios prioritizing energy safety (higher reliance on all fossil fuels) or cleaner energy use (higher demand on natural gas). While the synergistic emission reduction effect of SO 2 , PM 2.5 and PM 10 may decrease after 2035, the decarbonization -oriented energy transition could still be an efficient tool for simultaneously reducing NO X and CO 2 by 2050. A reduction of 1 t CO 2 would be accompanied by reduction of 1.7-1.8 kg NO X in 2050, 78-132% higher than that in 2030. Fast -decarbonizing energy transition may result in 20% reduction of GBA's GDP growth rate after 2030, although 16-49% of the economic loss could be offset by the abated pollution -related health expenditures and premature deaths. This highlights the need for a more balanced strategy to accelerate energy transition, achieving fast decarbonization while also reduing the detrimental economic and health impacts of air pollutants.
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Key words
Energy transition path,Synergistic emission reduction,Economic impact,Health benefit,Guangdong-Hong Kong-Macao Greater Bay,Area
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