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In light of the carbon neutrality goals set post-Paris Climate Conference (COP21), this study delves into the relationship between green technology innovations, energy consumption, and CO2 emissions in China, spanning the period of 1990 to 2021. The objective of this paper is to creatively present the idea of a low-carbon digital economy from the viewpoint of digital technology. Utilizing the Stochastic Impacts by Regression on Population, Affluence, and Technology (STIRPAT) model, we scrutinize this relationship, employing unit-root testing to verify the integrative attributes of the variables, inclusive of structural break data. Further analysis using the bootstrap Autoregressive Distributed Lag (ARDL) bound testing method corroborates the relationship between these key variables. The study reveals unidirectional co-integration over time among green technology innovations, renewable and non-renewable energy, per capita income, population, and CO2 emissions as per the Granger causality test. Interestingly, our findings suggest that while green technology innovation, per capita income, and renewable energy contribute to the reduction of CO2 emissions, non-renewable energy consumption and population growth exacerbate them. These insights offer valuable guidance for policymakers in formulating comprehensive strategies to enhance environmental quality through the promotion of renewable energy and green technology innovations, with a specific emphasis on the Chinese context. [ABSTRACT FROM AUTHOR]

This paper explores the effect of carbon trading on low-carbon transformation of high energy consumption enterprises in China. Based on the mechanism of interaction and restriction among high energy consumption enterprises, carbon verification agencies and the government, a tripartite evolutionary game model is constructed. The three-dimensional dynamic system is built to analyze the behavior patterns of the three parties. The evolution path of the tripartite game is visualized, and the low-carbon transformation states of high energy consumption enterprises in different situations are described. The results show that the high energy consumption enterprises, verification organization and the government cannot reach the optimal game equilibrium (low-carbon transformation, verification and supervision) temporarily when seeking their own interests. The corresponding measures should be taken with different situations of the tripartite game. No matter what strategy the government chooses, the low-carbon transformation could be promoted by carbon trading through carbon verification mechanism. [ABSTRACT FROM AUTHOR]

Enhancing carbon emission mitigation and carbon utilization have become necessary for the world to respond to climate change caused by the increase of greenhouse gas concentrations. As a result, carbon capture, utilization, and storage (CCUS) technologies have attracted considerable attention worldwide, especially in China, which plans to achieve a carbon peak before 2030 and carbon neutrality before 2060. This paper proposed six priorities for China, the current world's largest carbon emitter, to achieve its dual carbon strategy in the green energy transition process. We analyzed and summarized the challenges and potentialities of conventional carbon utilization (CU), carbon capture utilization (CCU), and CCUS. Based on the current development trend, carbon dioxide capture, circular utilization, and storage (CCCUS) technology that integrates carbon circular utilization and partial sequestration, with large-scale underground energy storage were proposed, namely biomethanation. Technically and economically, biomethanation was believed to have an essential contribution to China's renewable energy utilization and storage, as well as the carbon circular economy. The preliminary investigation reveals significant potential, with a corresponding carbon storage capacity of 5.94 × 108 t~7.98 × 108 t and energy storage of 3.29 × 1012 kWh~4.42 × 1012 kWh. Therefore, we believe that in addition to vigorously developing classical CCUS technology, technical research and pilot projects of CCCUS technology that combined large-scale underground energy storage also need to be carried out to complete the technical reserve and the dual-carbon target. [ABSTRACT FROM AUTHOR]

The current legal and policy system of renewable energy in China has set up a framework of policy instruments, which provides an important foundation for dealing with climate change and promoting the healthy development of the renewable energy industry with the goal of "carbon neutrality" and "emission peak". However, the current policy instruments cannot meet the needs for rapid development of the renewable energy industry. This paper investigates, analyzes, and concludes the status of renewable energy development along with related policy instruments in different renewable energy sources by literature and points out the problems of current policy instruments, and puts forward corresponding countermeasures. Moreover, from the perspective of energy consumption market transformation, the authors carried out an analysis of China's challenges of policy instruments, pointing out that China's renewable energy policy instruments have the potential to take one step further in the areas of the regulatory system, legal system and legal security system. [ABSTRACT FROM AUTHOR]

An electricity substitution strategy that replaces fossil fuels such as coal and oil with electricity in end-use energy consumption, can effectively contribute to an energy transition and the early achievement of carbon peaking and carbon neutrality targets. As the benefits of electricity substitution are not synchronized across China's regions, this paper uses a three-stage data envelopment analysis (DEA) model to measure the efficiency of electric energy substitution in 30 provinces of China in 2017. The results show that both environmental factors and random errors have significant effects on energy efficiency. After eliminating these influences, the efficiency of electrical energy substitution among regions presented the following pattern: "high in the east and low in the west". According to the evaluation results, this paper proposes corresponding suggestions for the development of electrical energy substitution. [ABSTRACT FROM AUTHOR]

Despite a gradual decline in rural population due to urbanization, as of 2022, approximately 35% of China's total population still resides in villages. Over a span of 40 years, carbon emissions from villages have significantly surged, with a sevenfold increase from energy consumption and a 46% rise from agriculture. Consequentially, the development of low-carbon villages is imperative. A comprehensive understanding of the primary sources of carbon emissions in villages is crucial for implementing practical and effective strategies towards low-carbon development. However, limited research has been conducted on quantifying carbon emissions and sinks for Chinese villages. This study aims to address this gap by proposing a methodology for assessing carbon emissions in villages, including the emissions of CO2, CH4 and N2O. Inspired by the IPCC standard methodology for greenhouse gas emissions at national levels and provincial greenhouse gas inventory guidelines customized for China's context incorporating localized characteristics, this approach has been applied to seven villages in Northern China based on field investigations. Employing a range of methods including field surveys, questionnaires, statistical records and big-data platforms, we collected the carbon emission activity levels of the seven villages using the most up-to-date carbon emission factors. Subsequently, the collected data and facts are quantitatively processed to generate results that are compared among the seven villages. These findings are also compared with those from other studies. The analysis indicates that the primary industries in these villages significantly influence the total carbon emissions. Moreover, the study reveals that energy consumption in buildings, agriculture, transportation and waste disposal are the most influential emission sources. These findings provide valuable insights into the carbon emission landscape of villages and can serve as a guide for implementing strategies and policies aimed at promoting low-carbon development in the rural areas of Northern China. [ABSTRACT FROM AUTHOR]

It is imperative to use clean energy in order to achieve "carbon neutrality" and "carbon peaking". This research aims to explore the impact of the agricultural mechanization level, the rural infrastructure construction level, and the rural economic development level on the utilization of high-quality straw energy, and, resultingly, this study aims to help provide suggestions for promoting high-quality straw energy utilization, develop the potential of high-quality straw energy, and alleviate China's energy shortage problem. This paper develops a measurement model using the ridge regression model with panel fixed effects, which overcomes the multi-collinearity problem among the various factors influencing the utilization of high-quality energy from straw. Panel data from 24 provinces and cities, from 2009 to 2017, are used. The results show that the improvements of the agricultural mechanization level, the rural infrastructure construction level, and the rural economic development level all promote the use of high-quality straw energy. Moreover, the level of rural economic development plays a mediating role in the agricultural mechanization level and the rural infrastructure construction level pertaining to straw-based high-quality energy. Policy implications can be easy to derive based on our findings, and these include strengthening governmental investment in agricultural machinery in rural areas, paying more attention to areas with backward rural energy infrastructure construction, ensuring the steady improvement of economic development in rural areas, providing the necessary economic foundation for agricultural supply, and promoting the use of high-quality energy from straw. [ABSTRACT FROM AUTHOR]

In a global context where sustainable growth is imperative, understanding carbon emissions in significant regions is essential. Henan Province, being a vital region in China for population, agriculture, industry, and energy consumption, plays a crucial role in this understanding. This study, rooted in the need to identify strategies that not only meet China's broader carbon neutrality objectives but also offer insights regarding global sustainability models, utilizes the STIRPAT model combined with scenario analysis. The aim was to forecast carbon emission trajectories from 2020 to 2060 across the key industries—electricity, steel, cement, transportation, coal, and chemical—that are responsible for over 80% of the total emissions in Henan. The findings suggest a varied carbon peak timeline: the steel and cement industries might achieve their peak before 2025, and the transportation, coal, and chemical sectors might achieve theirs around 2030, whereas that of the power industry could be delayed until 2033. Significantly, by 2060—a landmark year for Chinese carbon neutrality ambitions—only the electricity sector in Henan shows potential for zero emissions under an extreme scenario. This study's results underscore the importance of region-specific strategies for achieving global carbon neutrality and offer a blueprint for other populous, industrialized regions worldwide. [ABSTRACT FROM AUTHOR]

China's carbon emissions have a stable industrial concentration. In recent years, the carbon emissions of the six major high-carbon industries have accounted for approximately 80% of the national total and are thus priority areas for emission reduction. With the promotion of energy-saving and emission-reduction policies, the structure and scale of high-carbon industries in various regions have undergone changes, but their carbon reduction effects show significant regional differences. Based on China's provincial panel data from 2006 to 2020, this study discusses the structural characteristics of high-carbon industries with their proportion of energy-based industries and measures their scale characteristics with their output values. On this basis, a fixed-effects model is used to analyze the single and synergistic effects of the scale and structure of high-carbon industries on carbon emissions in each province. The results indicate that changes in the scale and structure of high-carbon industries significantly affect carbon emissions but show regional differences in both the single and synergistic effects. When considering these synergistic effects, the single effect of high-carbon industries on carbon emissions will be weakened. In regions with large-scale high-carbon industries, the increase in the proportion of energy-based industries significantly increases carbon emissions, but this effect gradually weakens as the overall scale expands. In areas with small-scale high-carbon industries, the increase in the proportion of energy-based industries has a relatively small effect on carbon emission growth that gradually increases with the overall scale. In addition, the implementation of the carbon emission trading policy has a significant moderating effect on the carbon emissions of high-carbon industries and strongly promotes its reduction. [ABSTRACT FROM AUTHOR]

In order to fulfill the commitment of China to achieve carbon peak by 2030 and carbon neutrality by 2060, all industries have been taking their respective carbon reduction actions. The transportation industry accounts for 11% of CO2 emission of the whole society, and its energy conservation and carbon reduction benefit is of great significance to the national carbon reduction process. New energy vehicles are undoubtedly one of the most important means of carbon emission reduction in the transportation sector. However, electric vehicles still have CO2 emissions, as the fossil fuel use comes from upstream power. To systematically and comprehensively evaluate the CO2 emissions of HEV, PHEV and BEV in the whole process, this study introduces the life-cycle method to research on the past and current situations, and predict future scenarios for ICEV and EV light-duty vehicles at the national and regional levels, by deeply analyzing the generation mix and generating efficiency from the WTT stage, and fuel economy from the TTW stage. The study shows that compared with ICEV, HEV and PHEV could reduce around 30% of CO2 emissions. Currently, BEV could reduce 37% of CO2 emission in the region where the proportion of coal-fired power is high, and 90% of CO2 emission in the region where the proportion of hydro power is high. This study discusses the impact of the proportion of renewable energy application on the carbon emissions from electric vehicles, analyzes the environmental benefits of promoting electric vehicles in different regions, and lays a foundation for the promotion strategy of electric vehicles for different regions in the future. [ABSTRACT FROM AUTHOR]

The analysis of the implementation effect of the supply-side reform (SSR) in the industrial sector of China's provinces and the reasons behind them are of great significance for China to formulate relevant policies in the future. However, this work has not yet been carried out. Industrial development performance is closely related to energy and environmental efficiency (EEE), and the effect of the SSR implementation is directly reflected in EEE. This study fills this gap by analyzing the EEE of 30 provinces in China from 2012 to 2017 using data envelopment analysis and Malmquist index methods. The results show that the positive effect of China's implementation of SSR has emerged. This positive effect is mainly reflected in the implementation of measures such as reducing overcapacity, which has promoted the technological innovation of enterprises. However, the low management level and resource-allocation efficiency hinder the further improvement of the implementation effect of the SSR, which should be paid special attention to in China's future supply-side reform. In addition, we believe that in the context of China's high-quality development and carbon neutrality goals, the SSR should be given more connotations, which are to increase the requirements for strengthening green and low-carbon development. [ABSTRACT FROM AUTHOR]

Under China's "Dual Carbon" strategic goal, electric energy substitution on the energy consumption side and clean substitution on the energy supply side have become an important path to achieve peak CO2 emissions and carbon neutrality. Adjusting the energy structure and encouraging new energy to replace traditional energy is an important manifestation of China's energy supply revolution. Therefore, China's new energy companies have grown rapidly over the past decade. The development and growth of this industry is inseparable from government policy support. The profitability and economy are essential for the new energy industry to support its sustainable development., especially the choice of business models such as operation model and financing structures. Therefore, we build extended panel vector autoregression (PVAR) models with two-step system GMM(SYS-GMM) estimator which introduced predetermined and strictly exogenous variables to explore the dynamic correlation between financing structure and economic performance of China's new energy public companies. The number of patent approvals and financial leverage are introduced as exogenous control variables. The results show that although the increase in costs caused by financing behavior will have a negative impact on the company's return on equity in the short term, with the rational investment and utilization of funds, the negative impact will gradually weaken. Listed new energy companies can effectively use financing funds, and the use of different financing tools has different effects on company performance. Although debt financing can help promote the company's profitability, it is detrimental to its future growth capacity. [ABSTRACT FROM AUTHOR]