The need for safer and cleaner environments for all humankind remains a topical issue that cannot be overemphasized. To provide an updated perspective, this study analyzes the carbon potential of construction waste resource management based on carbon trading policy. In this study, the system dynamics principle was used to establish a carbon potential model of construction and demolition waste (C&DW) resource treatment by taking the regeneration project of Xiancun Village as an example. The results showed that the use of construction waste for recycling and resource treatment can generate enormous opportunities to reduce carbon emission. The implementation of the carbon trading policy can create significant benefits in terms of reducing carbon emission, while the total reduction of carbon emission in the baseline scenario can reach 100.66% when compared to the scenario without a carbon trading policy. Moreover, the findings shows that the combination of the carbon trading policy of "carbon price + free allowance ratio" can improve the return on investment of resource utilization companies and the carbon reduction benefits of the combined policy are greater than those of the single policy, but only if the level of the carbon price or free allowance ratio in the combined policy is accepted by the carbon trading subjects. The results of this research contribute to the theory of construction waste resourceization management, provide the theoretical basis for government departments to introduce carbon reduction policies for construction waste resourceization, and provide guidance for the management of companies' carbon reduction.
Keywords: Carbon reduction potential; Carbon trading policy; Construction and demolition waste (C&DW); ROI indicator.
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.