Clean energy, emission trading policy, and CO2 emissions: Evidence from China

IF 4 4区环境科学与生态学 Q2 ENVIRONMENTAL STUDIES

Energy & Environment Pub Date : 2022-04-20 DOI:10.1177/0958305X221094581

Feiyi Yang, Chunchen Wang

引用次数: 1

Abstract

This paper constructs a unique dataset of clean energy and adopts static panel models and dynamic panel specifications to explore the correlation between clean energy and CO2 emissions. Furthermore, this paper employs the interaction term of pilot areas and pilot time as the proxy of emission trading policy to examine the effect of China’s emission trading pilot on clean energy. Then, this paper conducts quasi-natural experiments on CO2 emissions. Our findings show a negative correlation between CO2 emissions and clean energy. We also find that China’s emission trading pilot has a significant impact on promoting clean energy. In addition, empirical results affirm that emission trading market pilots can help decrease CO2 emissions. Finally, we put forwards relevant policy recommendations.

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清洁能源、排放权交易政策和二氧化碳排放:来自中国的证据

本文构建了一个独特的清洁能源数据集，采用静态面板模型和动态面板规范来探讨清洁能源与CO2排放的相关性。此外，本文采用试点地区与试点时间的交互作用项作为排放权交易政策的代理，考察了中国排放权交易试点对清洁能源的影响。然后，本文对CO2排放进行了准自然实验。我们的研究结果表明，二氧化碳排放与清洁能源之间存在负相关关系。我们还发现，中国的排放权交易试点对促进清洁能源发展具有显著的影响。此外，实证结果证实，碳排放交易市场试点有助于减少二氧化碳排放。最后，提出了相关政策建议。

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

Energy & Environment ENVIRONMENTAL STUDIES-

CiteScore

7.60

自引率

7.10%

发文量

157

期刊介绍： Energy & Environment is an interdisciplinary journal inviting energy policy analysts, natural scientists and engineers, as well as lawyers and economists to contribute to mutual understanding and learning, believing that better communication between experts will enhance the quality of policy, advance social well-being and help to reduce conflict. The journal encourages dialogue between the social sciences as energy demand and supply are observed and analysed with reference to politics of policy-making and implementation. The rapidly evolving social and environmental impacts of energy supply, transport, production and use at all levels require contribution from many disciplines if policy is to be effective. In particular E & E invite contributions from the study of policy delivery, ultimately more important than policy formation. The geopolitics of energy are also important, as are the impacts of environmental regulations and advancing technologies on national and local politics, and even global energy politics. Energy & Environment is a forum for constructive, professional information sharing, as well as debate across disciplines and professions, including the financial sector. Mathematical articles are outside the scope of Energy & Environment. The broader policy implications of submitted research should be addressed and environmental implications, not just emission quantities, be discussed with reference to scientific assumptions. This applies especially to technical papers based on arguments suggested by other disciplines, funding bodies or directly by policy-makers.