1. Carbon lock-in endgame: Can energy trilemma eradication contribute to decarbonization?
- Author
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Zhao, Congyu, Dong, Kangyin, and Lee, Chien-Chiang
- Subjects
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CARBON nanofibers , *CARBON dioxide mitigation , *CARBON offsetting , *CARBON emissions , *CARBON , *ENVIRONMENTAL regulations - Abstract
The carbon neutrality agenda requires that carbon lock-in enters an endgame. A well-developed energy system, which is secure, equitable, and sustainable is paramount to getting rid of carbon lock-in and realizing decarbonization. We carry out systematic research to empirically study the possible carbon lock-in reduction effect of energy trilemma based on the instrumental variable-generalized method of moment (IV-GMM) model. We also detect heterogeneous effects in terms of geographical locations and endowments of capital, as well as the impact mechanisms. Moreover, this paper highlights the mediating and threshold role of environmental regulation. We thus get the following conclusions. (1) The paper's primary findings underscore that the continuous increase of energy trilemma exacerbates carbon lock-in and hampers the process of decarbonization; (2) Energy trilemma has a higher stimulating effect on carbon lock-in in provinces that lie in the central region and that have a comparatively low level of physical, social, and human capital; (3) Energy trilemma can also indirectly aggravate carbon lock-in by inhibiting technology innovation and exacerbating carbon emissions intensity; (4) The interaction of environmental regulation and energy trilemma can alleviate the energy trilemma - carbon lock-in nexus, and environmental regulation also shows a significant threshold effect. • We investigate the impact of the energy trilemma on carbon lock-in. • Energy trilemma eradication is an effective way to realize the carbon lock-in endgame. • The nexus between energy trilemma and carbon lock-in is more prominent in provinces with high capital endowments. • Environmental regulation shows significant mediating and threshold effects. • The exacerbate carbon lock-in effect of energy trilemma depends on technology and intensity effect. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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