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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]

For curbing the global climate crisis, China has set an ambitious target of peak carbon emissions by 2030. Beijing, the capital of China, has implemented a carbon reduction policy since 2012. Using the reduced and generalized forms of the Environmental Kuznets Curve (EKC), we deduce that both the cubic EKC and the genetic algorithm-based EKC have an N-shape. The first turning point of the three-order EKC occurs around 2011, demonstrating the effectiveness of the carbon reduction policy. However, the time series model predicts that Beijing will reach the second turning point around 2026, when the gross domestic product (GDP) is about CNY 5000 billion and carbon emissions will begin to increase again. Interpretable machine learning is proposed to explore the socio-economic drivers in carbon emissions, indicating that total energy consumption and GDP contribute the most. Therefore, we should accelerate the upgrading of energy consumption and adjust the industrial structure, thus facilitating Beijing to its peak carbon emissions and achieving carbon neutrality. [ABSTRACT FROM AUTHOR]