{"title":"中国可再生能源政策对环境污染和碳排放的协同减排效应评估","authors":"Xiufeng Zhang , Tong Yan , Shengxin Zhang , Zhenhua Zhang , Yanchao Feng","doi":"10.1016/j.irfa.2025.104421","DOIUrl":null,"url":null,"abstract":"<div><div>As global efforts to combat environmental pollution and carbon emissions intensify, renewable energy has become a cornerstone of China's strategy to achieve sustainable development. This research examines the synergy reduction effects of China's renewable energy policies on environmental pollution and carbon emissions by utilizing data from 286 Chinese cities from 2003 to 2019. Employing a dynamic panel model and text-mining methodology, we find that: (1) The renewable energy policies significantly contribute to the synergy reduction of environmental pollution and carbon emissions, a conclusion robustly supported by multiple validation tests. (2) Mechanism analysis indicates that industrial structure upgrading serves as a key channel through which the renewable energy policies enhance its synergy reduction effects. (3) The influence of the renewable energy policies on environmental pollution and carbon emissions reduction exhibits regional and developmental heterogeneity, indicating that economic and structural characteristic shape policy effectiveness. These conclusions offer valuable insights into the mechanisms underlying the effect of the renewable energy policies in alleviating environmental pollution and carbon emissions, offering theoretical and policy implications for economies pursuing similar environmental objectives.</div></div>","PeriodicalId":48226,"journal":{"name":"International Review of Financial Analysis","volume":"105 ","pages":"Article 104421"},"PeriodicalIF":9.8000,"publicationDate":"2025-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Assessing the synergy reduction effects of the renewable energy policies on environmental pollution and carbon emissions in China\",\"authors\":\"Xiufeng Zhang , Tong Yan , Shengxin Zhang , Zhenhua Zhang , Yanchao Feng\",\"doi\":\"10.1016/j.irfa.2025.104421\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>As global efforts to combat environmental pollution and carbon emissions intensify, renewable energy has become a cornerstone of China's strategy to achieve sustainable development. This research examines the synergy reduction effects of China's renewable energy policies on environmental pollution and carbon emissions by utilizing data from 286 Chinese cities from 2003 to 2019. Employing a dynamic panel model and text-mining methodology, we find that: (1) The renewable energy policies significantly contribute to the synergy reduction of environmental pollution and carbon emissions, a conclusion robustly supported by multiple validation tests. (2) Mechanism analysis indicates that industrial structure upgrading serves as a key channel through which the renewable energy policies enhance its synergy reduction effects. (3) The influence of the renewable energy policies on environmental pollution and carbon emissions reduction exhibits regional and developmental heterogeneity, indicating that economic and structural characteristic shape policy effectiveness. These conclusions offer valuable insights into the mechanisms underlying the effect of the renewable energy policies in alleviating environmental pollution and carbon emissions, offering theoretical and policy implications for economies pursuing similar environmental objectives.</div></div>\",\"PeriodicalId\":48226,\"journal\":{\"name\":\"International Review of Financial Analysis\",\"volume\":\"105 \",\"pages\":\"Article 104421\"},\"PeriodicalIF\":9.8000,\"publicationDate\":\"2025-06-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Financial Analysis\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1057521925005083\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Financial Analysis","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1057521925005083","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Assessing the synergy reduction effects of the renewable energy policies on environmental pollution and carbon emissions in China
As global efforts to combat environmental pollution and carbon emissions intensify, renewable energy has become a cornerstone of China's strategy to achieve sustainable development. This research examines the synergy reduction effects of China's renewable energy policies on environmental pollution and carbon emissions by utilizing data from 286 Chinese cities from 2003 to 2019. Employing a dynamic panel model and text-mining methodology, we find that: (1) The renewable energy policies significantly contribute to the synergy reduction of environmental pollution and carbon emissions, a conclusion robustly supported by multiple validation tests. (2) Mechanism analysis indicates that industrial structure upgrading serves as a key channel through which the renewable energy policies enhance its synergy reduction effects. (3) The influence of the renewable energy policies on environmental pollution and carbon emissions reduction exhibits regional and developmental heterogeneity, indicating that economic and structural characteristic shape policy effectiveness. These conclusions offer valuable insights into the mechanisms underlying the effect of the renewable energy policies in alleviating environmental pollution and carbon emissions, offering theoretical and policy implications for economies pursuing similar environmental objectives.
期刊介绍:
The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.