期刊
ENVIRONMENTAL IMPACT ASSESSMENT REVIEW
卷 99, 期 -, 页码 -出版社
ELSEVIER SCIENCE INC
DOI: 10.1016/j.eiar.2022.106991
关键词
New environmental protection law; Low-carbon development; Heavy polluting industries
To combat environmental pollution, China implemented the New China Environmental Protection Law in 2015. This study analyzes the impact of government environmental regulation on the carbon emissions intensity of heavy polluting industries using a quasi-natural experiment and a DID model. The results show that the implementation of the law significantly reduces industrial carbon emissions intensity.
In order to better combat environmental pollution, China promulgated the New China Environmental Protection Law (CNEPL) in 2015. Previous studies have focused more on the impact of CNEPL on the enterprise performance and green innovation, ignoring the relationship between CNEPL and industrial low-carbon development. This paper uses the implementation of CNEPL as a quasi-natural experiment and constructs a DID model to analyze whether and how government environmental regulation affect the carbon emissions intensity of heavy polluting industries. The results show that CNEPL implementation significantly reduces industrial carbon emissions in-tensity. Specifically, after the implementation of the CNEPL, the carbon emissions intensity of the heavy polluting industries decreased by 3.4% annually compared to non-heavily polluting industries. Heterogeneity analysis shows that the CNEPL has greater effects in industries with higher market competition degrees and larger average enterprises sizes. We further study influence mechanisms and find that re-allocation of resources, energy structure optimization, green technology innovation and energy efficiency improvement are significant influence mechanisms. Our findings provide policy insights for using government environmental regulation tools to achieve industrial carbon reduction target.
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