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Carbon Reduction Effect of Green Technology Innovation from the Perspective of Energy Consumption and Efficiency

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  • Wenchao Li

    (School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China)

  • Lingyu Xu

    (School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China)

  • Jian Xu

    (School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China)

  • Ostic Dragana

    (School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China)

Abstract

Consumption-oriented or efficiency-oriented, it is a hard choice for the green technology innovation pathway. This paper uses the intermediary model to empirically analyze the panel data from 250 prefecture-level cities in China from 2010 to 2019. The conclusions show that: 1. At present, energy consumption-oriented green technology innovation at the national level in China shows a completely intermediary effect, which has a more obvious emission reduction effect; compared with energy consumption, energy efficiency-oriented green technology innovation only has a very weak intermediary effect of 6.58%. 2. Only the Eastern non-resource cities and the Midwest resource cities’ green technology innovation have the effect of energy efficiency-oriented emission reduction, accounting for 8.11% and 9.02%, respectively. 3. Both the Eastern resource cities and the Midwest non-resource cities have no intermediary effect on energy efficiency, so carbon emission reduction is more difficult than in other cities.

Suggested Citation

  • Wenchao Li & Lingyu Xu & Jian Xu & Ostic Dragana, 2022. "Carbon Reduction Effect of Green Technology Innovation from the Perspective of Energy Consumption and Efficiency," Sustainability, MDPI, vol. 14(21), pages 1-16, October.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:21:p:14113-:d:957051
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    References listed on IDEAS

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    2. Ziyang Chen & Xiao Feng & Ziwen He, 2022. "A Key to Stimulate Green Technology Innovation in China: The Expansion of High-Speed Railways," IJERPH, MDPI, vol. 20(1), pages 1-21, December.

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