globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2020.111765
论文题名:
Factors behind CO2 emission reduction in Chinese heavy industries: Do environmental regulations matter?
作者: Ouyang X.; Fang X.; Cao Y.; Sun C.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 145
语种: 英语
中文关键词: CO2 emissions ; Difference-in-Difference ; Environmental regulations ; Heavy industries ; Propensity score matching ; SYS-GMM
英文关键词: Carbon dioxide ; Emission control ; Energy efficiency ; Investments ; Method of moments ; Public policy ; Carbon emissions reductions ; Difference-in-differences ; Emission reduction policies ; Emission trading scheme ; Energy intensive industries ; Energy saving and emission reductions ; Generalized method of moments ; Propensity score matching ; Environmental regulations ; carbon dioxide ; carbon emission ; emission control ; emissions trading ; energy efficiency ; environmental protection ; industrial structure ; investment ; manufacturing ; regression analysis ; China
英文摘要: As the most energy intensive industries, heavy industries are decisive for the realization of energy saving and emission reduction commitments. This study investigates factors behind CO2 emissions mitigation in China's heavy industries based on the system generalized method of moments (SYS-GMM) model. Results indicate that industrial structure (IS), fixed asset investment (F) and historical emissions are drivers for sectoral CO2 emission increase, while energy efficiency (EE) is a key factor for carbon emissions reduction. In order to further explore the effect of environmental regulations, we treat 2011 mandatory emission trading scheme (ETS) in high energy-consuming industries as a quasi-natural experiment, and conduct a Propensity Score Matching and Difference-in-Difference (PSM-DID) approach to analyze the policy effect. We find that the implementation of the mandatory emission reduction policy can reduce CO2 emissions of heavy industries, and the results are robust by testing the randomness of the policies. The policy implications are put forward to optimizing industrial structure and enhancing the environmental regulations in China's heavy industries. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167405
Appears in Collections:气候变化与战略

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作者单位: Faculty of Education, East China Normal University, Shanghai, 200062, China; School of Economics, Faculty of Economics and Management, East China Normal University, Shanghai, 200062, China; Institute of National Economics, School of Economics, Southwestern University of Finance and Economics, Chengdu, 611130, China; China Center for Energy Economics Research, School of Economics, Xiamen University, Xiamen, Fujian 361005, China; MOE Key Laboratory of Econometrics, School of Economics, Xiamen University, Xiamen, 361005, China

Recommended Citation:
Ouyang X.,Fang X.,Cao Y.,et al. Factors behind CO2 emission reduction in Chinese heavy industries: Do environmental regulations matter?[J]. Energy Policy,2020-01-01,145
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