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• We study the relationship between GVC embedding and carbon emission density. • A mediation effect model was established to test the mechanism. • There is a U-shaped relationship between urban GVC embedding and carbon emission density. To achieve its carbon peak and neutrality plan, whether China's global value chain (GVC) embedding has a carbon emission reduction effect is a question worthy of attention. This paper measures the GVC embedding degree of 218 Chinese cities from 2000 to 2016, and constructs a panel data model to investigate the impact and its mechanism of GVC embedding on carbon emission intensity. This study finds that there is a significant U-shaped relationship between GVC embedding and carbon emission intensity, and a series of robustness test results support this conclusion. Export scale, energy consumption structure and technological innovation play a mediation role in the impact path of GVC embedding on carbon emission intensity. Based on this, this paper proposes that while participating in GVC, China needs to actively utilize the emission reduction effect of GVC, promote the transformation of export mode to high quality, reduce the use and dependence on high-carbon resources such as coal, and encourage companies to innovate. [ABSTRACT FROM AUTHOR]

High carbon emissions and population aging are two obstacles to China's development as an emerging economy. It is urgent to scientifically examine the impacts of population aging on carbon emissions to discover new pathways for urban carbon emission reduction. However, existing studies face challenges in terms of focusing on and methodology for accurately capturing the role of industrial production and energy consumption in the environmental effects of population aging. This paper constructs a chain mediation analytical framework and systematically examines the intrinsic linkages between population aging and carbon emissions in Chinese cities from 2000 to 2020 using a two-way fixed effects model. This paper has three main findings. (1) The positive correlation between urban population aging and carbon emissions development is generally low, with coupling coordination degree values of 0.4233, 0.4458, 0.4220, 0.4715, and 0.4665 for each yearly cross-section. (2) For every 1% increase in the population aging rate, carbon emissions decrease by 0.3478% on average. The carbon reduction effect of population aging is significantly greater in low-emissions cities and high-income cities than in other cities. (3) The industrial upgrading (IU) path, energy conservation (EC) path and chain mediation (CM) path account for 72.43%, 7.23% and 20.34%, respectively, of the indirect effects. If the causal link between IU and EC is not considered, the EC effect will be overestimated by 281.16%. The results of the study suggest that properly coping with population aging and reducing carbon emissions are not completely opposed to each other, a conclusion that passes both endogeneity exclusion and robustness check. This paper advocates replacing the one-size-fits-all approach in carbon emissions management and investing more in policy preferences to support carbon emission reduction in both high-emissions and low-income cities. [Display omitted] •The synergistic trends of carbon emissions and population aging are not apparent. •Population aging significantly reduces carbon emissions at the city scale. •Linkage effect of industrial upgrading and energy conservation on carbon emission reduction. •Energy conservation effect of population aging amplified by industrial upgrading. [ABSTRACT FROM AUTHOR]

Cities have emerged as critical and challenging places for promoting the green and low-carbon transformation of the economy and society in the context of the "dual carbon" targets. Meanwhile, fiscal policy is also an indispensable component of the public policy framework supporting the green and low-carbon transformation. This paper uses the pilot project of "Comprehensive Demonstration Cities for Energy Conservation and Emission Reduction Fiscal Policies" ("ECER-CD" policy) implemented in China since 2011 as a quasi-natural experiment. This research theoretically analyzes and empirically tests the energy conservation and emission reduction effects of fiscal policies supporting green and low-carbon transformation utilizing methodologies such as time-varying DID and multiple periods and multiple groups of DID. The study finds that the pilot cities effectively reverse the behavioural bias of local governments and promote energy conservation and emission reduction efforts. This conclusion holds after undergoing robustness tests such as parallel trend analysis and heterogeneity treatment effects. The effectiveness of the pilot policy is attributed to the upgrade of industrial structure, improvement of energy efficiency, and the effects of green technology innovation. However, cities' geographic location and resource dependency can interfere with the effective implementation of policies. This paper also further explores the environmental dividends and economic consequences of the policy and finds that the pilot cities have certain environmental dividends and do not significantly restrain economic and social development. This study broadens the research perspective on fiscal policies in energy conservation and emission reduction and clarifies the pathways through which fiscal policies promoting green, low-carbon transformation drive energy conservation and emission reduction in cities. Moreover, it also improves the use of the Difference-in-Differences method in evaluating policy effects in scenarios such as the overlapping implementation of pilot policies and policy withdrawal. Finally, this paper proposes policy recommendations to provide more empirical evidence for China to accelerate the green and low-carbon transformation of the economy and society. [ABSTRACT FROM AUTHOR]

The sustainable development of urban agglomerations plays a pivotal role in national and global efforts to reduce emissions. By focusing on the efficient exchange and optimization of energy consumption across various sectors, the sustainable development of energy systems within urban agglomerations can be achieved. However, the overall impact of the cross-sector energy optimization and complementarity has not been quantitatively analyzed. Here, we focused on the Yangtze River Delta (YRD) urban agglomeration in China and proposed an optimization framework for energy, environment, and economy. The framework considered four sectors: transportation sector, power sector, industry sector, and building sector, in order to determine the most sustainable development pathway for the urban agglomeration. The optimization model considers total costs and greenhouse gas emissions reduction as the objectives and utilizes technologies as constraints to optimize the pathway. We found that this optimization strategy resulted in a 53.1 billion tons increase in CO2 emissions reduction in the region. The results of emission reduction varied across sectors, ranging from 4.5 to 22.2 billion tons CO2 equivalent, and across cities, ranging from 7.1 to 4688.1 Mt. The results suggest that the core cities in the urban agglomeration can take on a leadership role. By promoting cross-sector collaboration and implementing energy recycling, the energy efficiency of surrounding cities can be greatly improved, leading to the sustainable development of the urban agglomeration. [ABSTRACT FROM AUTHOR]

The power industry is a major source of carbon emissions in China. In order to better explore the driving factors of carbon emissions in China's power industry and assist the Chinese government in formulating emission reduction strategies for the power industry, this study applies the improved production-theoretical decomposition analysis (PDA) method to analyze the carbon emission drivers of China's power industry. This study investigates the impact of energy intensity, per capita GDP, population density, power generation structure, and environmental climate on carbon emissions in China's power industry in 30 provinces from 2005 to 2020. It was found that the carbon emission ratios of the power sector in all provinces and cities are basically greater than 1, which indicates that carbon emissions in most of the power sectors in the country are still increasing as of 2020. Overall, the effects of potential thermal fuel carbon emission efficiency, potential thermal energy consumption efficiency, the carbon emission efficiency of thermal power generation, economic scale, population density, and annual rainfall change are mostly greater than 1 and will promote the growth of carbon emissions in the power sector. Moreover, the effects of thermal power generation energy efficiency technology, thermal power generation emission reduction technology, power generation structure, and power generation per unit GDP are mostly less than 1 and will inhibit the growth of carbon emissions in the power sector. However, each of these drivers does not have the same degree of influence and impact effect for each province and city. Based on the research results, some policy recommendations are proposed. [ABSTRACT FROM AUTHOR]