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The Chinese government's use of fiscal policy, which includes fiscal income and spending, is crucial in its fight against environmental pollution and climate change. Innovation‐driven has arisen as a new alternative to reconcile economic success with environmental conservation in light of tighter resource restrictions and the suggestion of the Chinese High‐quality Development policy. The paper uses an econometric model to examine the connection between institutional resource consumption efficiency and carbon neutrality, using a data set consisting of Chinese inter‐provincial panel data from 2007 to 2020 as a research sample; fiscal decentralization is also discussed as a potential moderating factor. Collaborative innovation positively boosts ecological efficiency and produces geographical spillovers, and the findings suggest so long as the economic distance is considered. When it comes to increasing ecological efficiency, collaborative innovation plays a more important role than financial decentralization alone. Among these is the improvement of carbon neutrality, which is best achieved via the joint promotion of ecological efficiency and industrial organizations. By reducing the intensity of the positive effect of innovative cooperation on ecological efficiency, the moderating effect suggests that fiscal decentralization is a critical factor in this relationship. Promoting China's ecological efficiency necessitates a fair distribution of local budgetary spending. China should also actively encourage the degree of synergy between institutional resource consumption efficiency and associated institutions to improve eco‐efficiency. [ABSTRACT FROM AUTHOR]

The internet has become a valuable tool for people to receive and transmit information, thus having a profound impact on their living habits and values. Based on face‐to‐face interview survey data collected in Central China, taking the biogas CCER scheme as an example, we discuss the effects of internet access on farmers' willingness to participate in the PCT scheme and desired carbon price. Our findings revealed that internet access improved the willingness of farmers to participate in the PCT scheme. We also found that it was likely to further increase the desired carbon price for those willing to participate. Further analysis demonstrated that male, young and middle‐aged, and low‐educated farmers were more likely to show greater motivation for participation in the PCT scheme due to internet access influence compared to other farmers. Additionally, we identified that the longer duration of internet access, the more likely farmers are to show a higher willingness to participate in the PCT scheme and hence the desired carbon price. In summary, the findings from this study imply that rural internet building exhibits a significant role in promoting the spread of PCT scheme and also helps to alleviate rural poverty. [ABSTRACT FROM AUTHOR]