Climate change is a huge challenge to humanity in the 21th century. In view of China's recent pledge to the international community to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, this book examines climate mitigation and adaptation efforts in China through the prism of the steel sector, and it does so from three interrelated perspectives, i.e., policy, technology, and market. The book argues that in developing the country's strategy towards green growth, over the years there has been a positive and interactive relationship between China's international commitments and domestic agenda setting in mitigation and adaptation to the impact of climate change. To illustrate China's efforts, two special areas, i.e., carbon capture, utilization and storage (CCUS) and emissions-trading system (ETS), have received focused examination. Along the spectrum of low-carbon, zero-carbon, and negative-carbon strategies, this study ends with a simulation model which outlines different policy scenarios, challenges, and uncertainties, as China moves further on, trying to achieve carbon neutrality in 2060. The book will be of interest to scholars, policy-makers, and business executives who want to understand China's growing role in the world.

Climate change is a huge challenge to humanity in the 21th century. In view of China's recent pledge to the international community to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, this book examines climate mitigation and adaptation efforts in China through the prism of the steel sector, and it does so from three interrelated perspectives, i.e., policy, technology, and market. The book argues that in developing the country's strategy towards green growth, over the years there has been a positive and interactive relationship between China's international commitments and domestic agenda setting in mitigation and adaptation to the impact of climate change. To illustrate China's efforts, two special areas, i.e., carbon capture, utilization and storage (CCUS) and emissions-trading system (ETS), have received focused examination. Along the spectrum of low-carbon, zero-carbon, and negative-carbon strategies, this study ends with a simulation model which outlines different policy scenarios, challenges, and uncertainties, as China moves further on, trying to achieve carbon neutrality in 2060. The book will be of interest to scholars, policy-makers, and business executives who want to understand China's growing role in the world.

Stochastic Methods for Flow in Porous Media: Coping with Uncertainties explores fluid flow in complex geologic environments. The parameterization of uncertainty into flow models is important for managing water resources, preserving subsurface water quality, storing energy and wastes, and improving the safety and economics of extracting subsurface mineral and energy resources.
This volume systematically introduces a number of stochastic methods used by researchers in the community in a tutorial way and presents methodologies for spatially and temporally stationary as well as nonstationary flows. The author compiles a number of well-known results and useful formulae and includes exercises at the end of each chapter.

* As never seen before:
* Balanced viewpoint of several stochastic methods, including Greens' function, perturbative expansion, spectral, Feynman diagram, adjoint state, Monte Carlo simulation, and renormalization group methods
* Tutorial style of presentation will facilitate use by readers without a prior in-depth knowledge of Stochastic processes
* Practical examples throughout the text
* Exercises at the end of each chapter reinforce specific concepts and techniques
* For the reader who is interested in hands-on experience, a number of computer codes are included and discussed