Does energy productivity and public-private investment in energy achieve carbon neutrality target of China?
Yükleniyor...
Dosyalar
Tarih
2021
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Academic Press Ltd- Elsevier Science Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Carbon neutrality target is of great importance to all countries around the globe recently. Innovative methods are being evaluated to achieve the environmental sustainability. In this study, we aim to inspect the influence of public-private partnership in energy and energy efficiency on CO2 emissions in China from 1991Q1 to 2017Q4. In doing so, we include other important determinants of CO2 emissions also, such as environmental innovation, renewable energy, energy productivity and economic growth in our model. We employ the advanced cointegration methods that are developed recently. Moreover, spectral Breitung and Candelon (BC) causality test is used to find the causal effects of technological innovation, energy productivity, public-private partnership in energy, renewable energy consumption and GDP on CO2 emissions. The results suggest that increase in income and public-private partnership enhance carbon emission in China. Conversely, an improvement in energy productivity, renewable energy and technological innovation exert negative influence over CO2 emissions. There is a need to improve the efficiency of public-private partnership in energy projects in terms of carbon emission. Policymakers in China need to ensure an effective and timely transition towards renewable energy sources through environment related innovations and improved efficiency in all sources of energy.
Açıklama
Anahtar Kelimeler
Carbon neutrality, Public-private partnership, Energy efficiency, Eco-innovation, China, CO2 emissions, Empirical-Evidence, Structural Breaks, Economic-Growth, Co2 Emissions, Tests, Cointegration, Consumption, Innovation, Nexus, Partnerships
Kaynak
Journal of Environmental Management
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
298
