The impact of environmental regulation policy on firms' energy-saving behavior: A quasi-natural experiment based on China's low-carbon pilot city policy

2022 ◽  
Vol 76 ◽  
pp. 102538
Author(s):  
Qianling Zhou ◽  
Xiaoyong Cui ◽  
Hongfu Ni ◽  
Liutang Gong
2021 ◽  
Vol 3 (1) ◽  
pp. 39-46
Author(s):  
Gulshan Maqbool ◽  
Zulqarnain Haider

Energy-saving behaviors are defined as the daily and habitual practices of households that focus on specific reductions in energy use. The main objective of this research was to estimate the impact of the energy-saving behavior of individuals on energy demand and to estimate the impact of factors affections the adoption of energy-saving techniques. The study is based on primary data which is collected through questionnaires. The data were collected from rural and urban households in four tehsils of district Sargodha, Pakistan. The Ordinary Least Square technique was to describe the relationship between electricity consumption and different explanatory variables such as gender, age, region, family members, dwelling area, income, energy consumption awareness, external influencing factors, and household saving behavior. Job status is negative and significant, qualification variable in this study is insignificant, marital status is negatively associated with energy consumption and significant, size of a household has a significant effect on the model.  The monthly income of the household head has a positive and significant effect. Energy consumption awareness is significantly negative. External influencing factors are insignificant. Saving behavior in electronic appliances is significantly negative to energy consumption. Government should put efforts to aware the public about energy-saving measures through an awareness campaign using electronic media like mobile and email. Energy-saving appliances should be a sale at cheap prices. The household should have to change its habitual behavior.


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Shuangshuang Fan ◽  
Shengnan Peng ◽  
Xiaoxue Liu

This paper studies the impact of the implementation of smart city policy (SCP) on the development of low-carbon economy (LCE) in China. For this purpose, we developed a nonconvex meta-frontier data envelopment analysis (DEA) approach to measure LCE and used the differences-in-difference (DID) analysis method in the econometric model to empirically analyze the impact of SCP on LCE, using the dataset of 230 cities from 2005 to 2018. The results show that the implementation of SCP can significantly improve the LCE of cities, and the dynamic effect test presents that the promotion of smart cities to low-carbon economy increases with time. In addition, SCP promotes the development of LCE by optimizing government functions and improving the efficiency of governance and the degree of implementation openness. But there is heterogeneity between different cities as follows: the implementation of SCP has a more significant effect on the promotion of LCE in central and western regions in China and large-scale cities and cities without strict environmental protection planning. Finally, the robustness test verifies the reliability of the experimental data again and puts forward conclusions and policy recommendations.


2021 ◽  
Vol 2021 ◽  
pp. 1-19
Author(s):  
Bo Fan ◽  
Tingting Guo ◽  
Ruzhi Xu ◽  
Wenquan Dong

Currently, the world is facing two significant challenges: low-carbon development and overcapacity. Government departments must reexamine their development strategy of energy industry. Implementing environmental regulatory policies and technological innovation can help alleviate coal industry’s overcapacity, while sustainable development requires joint actions of governments, enterprises, and the market. Based on the evolutionary game theory, this study constructs a tripartite evolutionary game model of local government, power industry, and coal enterprise. Under the premise of bounded rationality, the evolution path of each player in the game under the market incentive environmental regulation is analyzed, and the influence of the change of parameters of each player on the result is numerically simulated. The study found that strengthening environmental regulation by local governments is an inevitable choice to promote the transformation and upgrading of coal industry and power industry. In addition, reducing law enforcement costs and technological innovation costs are the fundamental point of the coordinated development of the three parties. Technological innovation in the power industry will reduce the probability of coal companies’ choosing clean production strategies, while seeking low-cost clean production technology and financial support is the key to coal companies’ optimization of production capacity.


Author(s):  
Kai Wang ◽  
Xin Yang

In pursuit of rapid economic growth, China ignores the carrying capacity of the natural environment and storage quantity of natural resources, resulting in waste and abuse of a large number of natural resources. With the development of industrialization, environmental and ecological problems are becoming more and more serious. Resources are being wasted seriously, and environmental endurance is faced with a great threat. Government regulation on environmental pollution governance has become a consistent problem to be solved for the further economic and social development of all countries in the world. Most governments adopt the establishment of environmental regulation agencies to regulate enterprise pollution. To explore the impact of government regulation on emission reduction of environmental pollutants, government regulation was taken as an explanatory variable and a multivariate panel regression model was established. The influencing factors of environmental pollutant emission in 30 provinces (cities) in China from 2007 to 2016 were estimated. Results show that the government regulation policy in China cannot significantly promote emission reduction of environmental pollutants. GDP and technological progress can effectively reduce the emission of environmental pollutants. The increasing proportion of the secondary industry and a large amount of foreign investment, both lead to an increase in environmental pollutants emission. Government regulation measures can effectively alleviate ecological environment damage caused by environmental pollutant emission. The policy implication of the findings is that the government of China should formulate appropriate intensity of government regulation. The intensity of environmental regulation cannot be blindly increased. Regulation means of pollution charge, pollution permits, and environmental tax should be flexibly used. According to realistic characteristics of different regions, different degrees of excess production cap


2013 ◽  
Vol 753-755 ◽  
pp. 3185-3193
Author(s):  
Chang Hai Wu ◽  
Yu Liang Song ◽  
Yan Ming Pan

In the era of knowledge and low-carbon economy, how environmental regulation can affect the performance of high-tech industry has become a hot topic in many academic studies. Basing on the study sample of the high-tech industry, this paper develops the scales of environmental regulation and the performance of high-tech industry, and then tests the impact of environmental regulation on the performance of high-tech industry through SEM. The results show that command-control environmental regulation has insignificant affect on high-tech industry economic performance, ecological performance and technological performance, but incentive environmental regulation and voluntary environmental regulation have significant positive effect on high-tech industry economic performance, ecological performance and technological performance.


2018 ◽  
Vol 10 (11) ◽  
pp. 4028 ◽  
Author(s):  
Xinghe Liu ◽  
Enxian Wang ◽  
Danting Cai

The Environmental Protection Law, which includes 70 articles and major changes in six aspects compared to the old law, is called in Chinese society the new Environment Protection Law. When the law was implemented in 2014, it was an important event in China that could be seen as a natural experiment. Based on a difference-in-differences model, this paper considers all of the listed heavily polluting enterprises between 2011 and 2016 as the experimental group and all of the other firms in the same industries listed on the Chinese stock market as the control group and examines the impact of the new Environmental Protection Law on the corporate financing of heavily polluting enterprises and its mechanisms. The results show that the strict environmental law caused Chinese listed enterprises to face higher environmental regulation costs, public pressure and environmental litigation. The financing capacity of heavily polluting enterprises has dropped significantly, especially in areas with higher regulatory intensity. Furthermore, since the new Environmental Protection Law was established, overinvestment by China’s heavily polluting enterprises has been significantly inhibited, and the decline in financing capacity exerts a mediating effect. The ultimate economic consequences of the new Environmental Protection Law are to decrease the corporate value of heavily polluting industries.


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