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Carbon Dioxide Mitigation Benefit of High-Speed Railway in Terms of Carbon Tax

This paper calculates the carbon dioxide mitigation benefit of high-speed railway based on the carbon dioxide tax policy. We define the carbon dioxide emission system boundary for high-speed railway in its whole life cycle and estimate the life cycle carbon dioxide inventories during its construction, application, and recovery stages. And then we establish a theoretical model to calculate the life cycle carbon dioxide mitigation quantity for high-speed railway when compared with road transport and then calculate its carbon dioxide mitigation benefit. The numerical example shows that the carbon dioxide mitigation benefit of high-speed railway is better than that of road transport from the whole life cycle perspective.