scholarly journals Market-based Environmental Regulation, Green Technology Innovation and Green Total Factor Energy Efficiency: A PSM-DID test based on an emissions trading system

2021 ◽  
Vol 3 (4) ◽  
pp. 138-148
Author(s):  
Yuxin Zhao ◽  
Cong Wang ◽  
Xin Wang
Keyword(s):  
Energy Efficiency ◽  
Technology Innovation ◽  
Emission Trading ◽  
Green Energy ◽  
Green Technology ◽  
Western China ◽  
Double Difference ◽  
Emission Trading System ◽  
Trading System ◽  
The Impact

Based on the panel data of 30 provinces in China and the SBM-Malmquist-Luenberger model, a comprehensive evaluation of all-factor green energy efficiency in each province is conducted. It is found that the energy structure and all-factor green energy efficiency in southeast China are significantly higher than those in central and western China. On this basis, this paper empirically tests the impact of the pilot policy of emission trading on total factor green energy efficiency in 2008 by using the double difference method. The research shows that the emission trading system can significantly improve the regional total factor green energy efficiency; further research finds that green technological innovation is the main path for the policy to promote green total factor energy efficiency; heterogeneity analysis shows that in the high pollution pilot areas, the emission trading system plays a more significant role in promoting all-factor green energy efficiency and green technology innovation.

scholarly journals The Impact of China Carbon Emission Trading System on Land Use Transition: A Macroscopic Economic Perspective

Land ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 41
Author(s):  
Yingkai Tang ◽  
Yunfan Yang ◽  
He Xu
Keyword(s):  
Land Use ◽  
Carbon Emission ◽  
Energy Use ◽  
Emission Trading ◽  
Economic Effects ◽  
Emission Trading System ◽  
Trading System ◽  
Land Use Transition ◽  
Carbon Emission Trading ◽  
The Impact

The carbon emission trading system (CETS) is a milestone policy in the history of China’s emission trading system, which is of great significance to China’s realization of “carbon peak and carbon neutralization”. As an important component of sustainable development, LUT should be related to the CETS. However, in the literature on the CETS, little material deals with its impact on land use transition (LUT). This paper will enrich this literature. Based on 30 provincial regions in China from 2011 to 2017, using the DID and entropy methods, this study investigated the impact of CETS on the trend of LUT from three perspectives: economic effects, environmental effects and Porter effects. The conclusions are that (1) the implementation of the CETS hindered economic development, but optimized energy-use efficiency; (2) the implementation of the CETS reduced the emissions of CO2 and SO2; (3) the implementation of the CETS did not produce a Porter effect; and (4) the influence of the CETS had the characteristics of a spatial cluster. These findings offer some guidance for improving CETS policies and formulating similar environmental regulation policies.

The emission trading system, risk management committee and voluntary corporate response to climate change – a CDP study

2019 ◽  
Vol 27 (2) ◽  
pp. 262-283 ◽  
Author(s):  
Mohammed Hossain ◽  
Omar Farooque
Keyword(s):  
Climate Change ◽  
Risk Management ◽  
Emission Trading ◽  
Firm Age ◽  
Emission Trading System ◽  
Trading System ◽  
Management Committee ◽  
Content Type ◽  
The Impact ◽  
Risk Management Committee

Purpose The purpose of this study is to examine the impact of emission trading system, board risk management committee and firm age on firms’ responsiveness to climate change in Carbon Disclosure Project (CDP) 2011. More specifically, this study investigates whether global corporation’s responses on carbon-related disclosure are influenced by some specific attributes. Design/methodology/approach The study covers a sample of 500 companies in 38 countries in 12 geographical locations. It uses the carbon disclosure scores in the CDP 2011 as the dependent variable. The authors estimate the OLS regression model to investigate the hypotheses. Findings The findings demonstrate that the presence of an emission trading system, a board risk management committee and the firm age have a significant positive relationship with carbon disclosure scores (i.e. CDP scores). However, the impacts of the board risk management committee and firm age on CDP scores are not moderated by the emission trading system at the firm level, suggesting that they have an independent and substitutive effect on climate change-related risk disclosure. Originality/value The study may be of relevance to investors and other stakeholders in evaluating the accountability of companies in relation to strategies for managing climate risk.

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