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Carbon neutrality is an important policy in the current global response to climate change and has been widely recognized by various industries. In the process of promoting carbon neutrality, new energy plays a pivotal role. In this study, the definition and connotation of new energy and its role and specific operation in the energy transition of carbon neutrality are firstly explained. Promoting new energy development requires significant green and low-carbon investments. Taking China as an example, this paper analyzes the opportunities brought by the carbon neutral process to the field of green finance and analyzes the main features and development trends of green finance in China at present. Then this paper proposes policy recommendations to strengthen the development of green finance in China in terms of improving the green financial policy system, enhancing the supply capacity of green financial services, and optimizing the supporting environment for green financial development. Finally, this paper analyzes the measures and experiences of the United States in promoting low-carbon development and proposes countermeasures for China's low-carbon development on the basis of the five major relationships that need attention in China's carbon-neutral process. That is, strengthen the top-level design and improve the regulatory policy system; optimize the energy structure and increase the proportion of clean energy; optimize the industrial structure and reduce energy consumption in key industries; build a complete low-carbon technology system and promote low-carbon technology research and development and demonstration applications, and encourage local conditions to explore low-carbon development paths. The development of green finance can contribute to the advancement of new energy technologies, thus contributing to the achievement of carbon neutrality goals. [ABSTRACT FROM AUTHOR]

Identifying the differentiated effects of different environmental regulations is the basis for promoting China's zero carbon emissions and carbon neutrality. We used Chinese provincial panel data from 2003 to 2017 to empirically test the impact of different environmental regulations on carbon neutrality through spatial measurement models. The highlights of the study are as follows: (1) Environmental regulations exert significant impact on carbon emissions, but different types of environmental regulations exert significantly different effect on carbon emissions. Public participation environmental regulation has a control effect on regional carbon emissions, while command-based and market-based environmental regulations had no significant effect on regional carbon neutrality. (2) The heterogeneity of the impact of different types of environmental regulations on carbon emissions can also be identified from the regional impacts heterogeneity and lags impact heterogeneity. (3) The combined mandatory and market-based environmental regulations and the combined mandatory and public-participatory environmental regulations significantly inhibited regional carbon neutrality. [ABSTRACT FROM AUTHOR]