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Regulation and decarbonization: how can environmental regulations more effectively facilitate industrial low-carbon transitions?
- Source :
-
Environmental science and pollution research international [Environ Sci Pollut Res Int] 2023 Aug; Vol. 30 (40), pp. 93213-93226. Date of Electronic Publication: 2023 Jul 28. - Publication Year :
- 2023
-
Abstract
- Environmental policies play an important role in the process of industrial low-carbon transition in developing countries. From the perspective of the impact condition and mechanisms, we discuss how to improve their effectiveness to give full play to the positive impact of environmental regulations. Based on provincial industrial data from 2003 to 2019 in China, this study uses a threshold regression model and endogenous regression to reveal the impact condition and mechanisms of environmental regulations on industrial low-carbon transition. The results suggest that (1) technological innovation capability and cost-bearing capacity are the key conditions for environmental regulations to exert a positive impact on low-carbon transition. (2) Environmental regulations have a positive impact on low-carbon transition through technological innovation (technology), resource reallocation (capital), and skill premium (labor). Research on the implementation conditions and mechanisms of environmental regulations will help policy-makers formulate appropriate and reasonable environmental regulations and eliminate the obstacles between environmental regulations and low-carbon transition, while an assessment of China's environmental policies will provide a reference for environmental governance in other developing countries.<br /> (© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)
Details
- Language :
- English
- ISSN :
- 1614-7499
- Volume :
- 30
- Issue :
- 40
- Database :
- MEDLINE
- Journal :
- Environmental science and pollution research international
- Publication Type :
- Academic Journal
- Accession number :
- 37505386
- Full Text :
- https://doi.org/10.1007/s11356-023-28302-5