A pathway to net-zero urban emissions: Does green fiscal policy stimulate renewable energy consumption in China?

IF 10.5 1区工程技术 Q1 CONSTRUCTION & BUILDING TECHNOLOGY

Sustainable Cities and Society Pub Date : 2025-05-16 DOI:10.1016/j.scs.2025.106461

Shimei Weng , Weiliang Tao , Jianbao Chen , Malin Song

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Abstract

Accurately assessing the impact of green fiscal policy on urban renewable energy development holds substantial practical importance for achieving energy transition and net-zero emissions goals. This paper uses fiscal policy for energy conservation and emission reduction as a quasi-natural experiment. It analyzes the impact of the green fiscal system on regional renewable energy consumption using sample data from 284 Chinese cities spanning 2005 to 2021, employing the multi-period difference-in-differences method. The study finds that green fiscal policy has significantly improved renewable energy consumption, leading to an increase of 0.1666 units observed in the pilot city. Notably, the impact is more prominent in the first batch of demonstration cities, central cities with high administrative levels, non-resource-based, and low climate risk cities. Additionally, improvements in fiscal self-sufficiency, government intervention, and marketization strengthen its positive impact, whereas market segmentation weakens it. Further analysis reveals that the comprehensive demonstration policy promotes renewable energy consumption both in the city and geographically adjacent areas, exhibiting spatial spillover effects. The conclusions offer policy implications for constructing green fiscal coordination mechanisms compatible with local finance and developing renewable energy.

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通往城市净零排放之路：绿色财政政策是否刺激了中国的可再生能源消费？

准确评估绿色财政政策对城市可再生能源发展的影响，对于实现能源转型和净零排放目标具有重要的现实意义。本文以财政节能减排政策为准自然实验。本文利用2005 - 2021年中国284个城市的样本数据，采用多期差分法分析了绿色财政制度对区域可再生能源消费的影响。研究发现，绿色财政政策显著改善了可再生能源消费，试点城市可再生能源消费增加了0.1666台。值得注意的是，在第一批示范城市、高行政级别中心城市、非资源型城市和低气候风险城市的影响更为突出。此外，财政自给、政府干预和市场化的改善增强了其积极影响，而市场细分则削弱了其积极影响。进一步分析表明，综合示范政策对城市及周边区域的可再生能源消费均有促进作用，并表现出空间溢出效应。研究结论为构建与地方财政相适应的绿色财政协调机制、发展可再生能源提供了政策启示。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Sustainable Cities and Society Social Sciences-Geography, Planning and Development

CiteScore

22.00

自引率

13.70%

发文量

810

审稿时长

27 days

期刊介绍： Sustainable Cities and Society (SCS) is an international journal that focuses on fundamental and applied research to promote environmentally sustainable and socially resilient cities. The journal welcomes cross-cutting, multi-disciplinary research in various areas, including: 1. Smart cities and resilient environments; 2. Alternative/clean energy sources, energy distribution, distributed energy generation, and energy demand reduction/management; 3. Monitoring and improving air quality in built environment and cities (e.g., healthy built environment and air quality management); 4. Energy efficient, low/zero carbon, and green buildings/communities; 5. Climate change mitigation and adaptation in urban environments; 6. Green infrastructure and BMPs; 7. Environmental Footprint accounting and management; 8. Urban agriculture and forestry; 9. ICT, smart grid and intelligent infrastructure; 10. Urban design/planning, regulations, legislation, certification, economics, and policy; 11. Social aspects, impacts and resiliency of cities; 12. Behavior monitoring, analysis and change within urban communities; 13. Health monitoring and improvement; 14. Nexus issues related to sustainable cities and societies; 15. Smart city governance; 16. Decision Support Systems for trade-off and uncertainty analysis for improved management of cities and society; 17. Big data, machine learning, and artificial intelligence applications and case studies; 18. Critical infrastructure protection, including security, privacy, forensics, and reliability issues of cyber-physical systems. 19. Water footprint reduction and urban water distribution, harvesting, treatment, reuse and management; 20. Waste reduction and recycling; 21. Wastewater collection, treatment and recycling; 22. Smart, clean and healthy transportation systems and infrastructure;