Blue Sky Defense for Carbon Emission Trading Policies: A Perspective on the Spatial Spillover Effects of Total Factor Carbon Efficiency

In the pursuit of China’s environmental targets to achieve a carbon peak by 2030 and carbon neutrality by 2060, the carbon emission trading scheme (CETs) has emerged as a critical policy instrument. Since the 14th Five-Year Plan, China has been on a two-wheel drive to prevent pollution and combat cl...

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Bibliographic Details
Published inSystems (Basel) Vol. 11; no. 8; p. 382
Main Authors Gao, Da, Tan, Linfang, Mo, Xinlin, Xiong, Ruochan
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.08.2023
Subjects
Air pollution
Analysis
Carbon
Carbon dioxide
CETs
Cities
Clean technology
Climate change
Efficiency
Emissions
Emissions trading
Environmental impact
Environmental law
Environmental policy
Global temperature changes
Green technology
Greenhouse gases
International economic relations
Literature reviews
mediating effect
spatial difference-difference model
TFCEE
China
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Summary:In the pursuit of China’s environmental targets to achieve a carbon peak by 2030 and carbon neutrality by 2060, the carbon emission trading scheme (CETs) has emerged as a critical policy instrument. Since the 14th Five-Year Plan, China has been on a two-wheel drive to prevent pollution and combat climate change and proposes to fight the Blue Sky Defense. Therefore, this study focuses on prefecture-level cities in China and employs a spatial difference-difference (SDID) model to investigate the spatial spillover effects of CETs on urban total factor carbon emission efficiency (TFCEE). Furthermore, a mediating effect model is constructed to explore the channels through which CETs influence carbon emission efficiency. The results show that (1) implementing urban CETs can significantly improve urban itself and the surrounding carbon emission efficiency. (2) The CETs can indirectly promote the improvement of carbon efficiency by optimizing the allocation of labor resources and strengthening the level of green technology innovation. (3) Compared with the cities in central and western China, implementing the CETs has a stronger promotion effect on the carbon emission efficiency of the cities in eastern China.
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content type line 14
ISSN:2079-8954
2079-8954
DOI:10.3390/systems11080382