On the morning of June 15, 2023, the eleventh lecture of the Agricultural Economics Forum and the "New Path for Agricultural and Forestry Economics and Management Disciplines" series was held in Room 931 of the Mingde Main Building. Professor Liu Yu from the College of Urban and Environmental Sciences at Peking University delivered an academic report titled "Economic and Emission Impact Studies of China's Carbon Neutrality: Based on a CGE Model with Embedded CCS." The lecture was hosted by Professor Chen Minpeng and attended by over 20 faculty members and students from the university, including Professor Qiu Huanguang and Associate Professor Zhou Yang.

Professor Liu Yu systematically explored the economic benefits and emission reduction effects of different policy combinations within China's "1+N" policy framework using a Computable General Equilibrium (CGE) model. The model simulated various major policies and their combinations, including energy efficiency, carbon pricing, carbon pricing + CCS, and renewable energy policies, constructing 2350 scenarios. It meticulously compared the emission paths and economic impacts under different individual policies and policy combinations for China up to 2060. The research found that achieving the carbon neutrality goal requires a synergy of multiple policies, with the policy of substituting electric power being crucial for achieving the carbon neutrality target. Renewable energy policies can maximally mitigate the negative economic impacts of carbon neutrality. Professor Liu suggested that future research could further consider aspects such as the use of hydrogen energy, nuclear energy, and the heterogeneity of policy potential to provide more research support for achieving China's carbon neutrality goal.

During the interactive Q&A session, the attending faculty and students engaged in in-depth discussions with Professor Liu on topics such as policy scenario setting, GDP loss calculation, and the sectoral division of the CGE model.