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Analysis of the Impact of Industrial Structure Upgrading and Energy Structure Optimization on Carbon Emission Reduction

Author

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  • Guoliang Fan

    (School of Economics and Management, Shanghai Maritime University, Shanghai 201306, China)

  • Anni Zhu

    (School of Economics and Management, Shanghai Maritime University, Shanghai 201306, China)

  • Hongxia Xu

    (Department of Mathematics, Shanghai Maritime University, Shanghai 201306, China
    School of Data Sciences, Zhejiang University of Finance and Economics, Hangzhou 310018, China)

Abstract

In China, there has been a significant increase in carbon emissions in the new era. Therefore, evaluating the influence of industrial structure upgrades and energy structure optimization on reducing carbon emissions is the objective of this research. Based on the provincial panel data of 30 provinces and cities across China from 1997 to 2019, this paper builds up a fixed-effect panel quantile STIRPAT model to investigate the differences in the impact of industrial structure on carbon emission intensity at different quantile levels from the provincial perspective, and as a way of causality test, the mediation effect model is adopted to empirically test the transmission path of “industrial structure upgrading—energy structure optimization—carbon emission reduction”. The research results show that: (1) Both industrial structure upgrades and energy structure optimization have significant inhibitory effects on carbon emissions, and there are regional heterogeneities. (2) The upgrading of industrial structure has a significant positive effect on optimizing energy structure. (3) The upgrading of industrial structure can not only directly restrain carbon emissions but also indirectly have a significant inhibitory effect on carbon emissions by promoting the optimization of energy structure. Based on the above conclusions, corresponding policy recommendations are proposed to provide suggestions for China to achieve the goal of carbon neutrality.

Suggested Citation

  • Guoliang Fan & Anni Zhu & Hongxia Xu, 2023. "Analysis of the Impact of Industrial Structure Upgrading and Energy Structure Optimization on Carbon Emission Reduction," Sustainability, MDPI, vol. 15(4), pages 1-23, February.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:4:p:3489-:d:1068037
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    Cited by:

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    2. Xiaoyu He & Bo Li, 2023. "A Study on the Influence of Green Industrial Policy on Urban Green Development: Based on the Empirical Data of Ecological Industrial Park Pilot Construction," Sustainability, MDPI, vol. 15(13), pages 1-29, June.
    3. Zhang, Guowei, 2023. "The heterogeneous role of green finance on industrial structure upgrading - Based on spatial spillover perspective," Finance Research Letters, Elsevier, vol. 58(PC).
    4. Hua Wang & Zenglian Zhang, 2023. "Can Implementing the New Development Concept Reduce Carbon Emissions? An Empirical Study from China," Sustainability, MDPI, vol. 15(11), pages 1-27, May.
    5. Ruiheng Xu & Kaiwen Ji & Zichen Yuan & Chenye Wang & Yihan Xia, 2024. "Exploring the Evolution Trend of China’s Digital Carbon Footprint: A Simulation Based on System Dynamics Approach," Sustainability, MDPI, vol. 16(10), pages 1-27, May.
    6. Chao Liu & Hongzhen Lei & Linjie Zhang, 2024. "The Temporal–Spatial Evolution Characteristics and Influential Factors of Carbon Imbalance in China," Sustainability, MDPI, vol. 16(5), pages 1-19, February.
    7. Siqing You & Han Zhao & Hongli Zhou & Chaoyu Zhang & Zican Li, 2023. "The Impact of Ecological Governance on Industrial Structure Upgrading under the Dual Carbon Target," Sustainability, MDPI, vol. 15(11), pages 1-17, May.
    8. Yulei Zhang & Tao Xu & Songqiang Wu, 2024. "The Promoting Effect of Green Bonds on Reducing Carbon Emission Intensity Through Energy Structure Transition," Sustainability, MDPI, vol. 16(21), pages 1-18, October.

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