Abstract

In view of the current domestic new economic form, under the trend of sustainable development, new energy industry has become a rising star. The development of new energy can improve the environment destroyed by the development of fossil energy to a certain extent. It is the primary task of environmental protection and energy development to study the specific relationship between China’s current carbon emissions, economic growth and the development of new energy industry. Based on STR model, we can empirically study the impact of carbon emissions on the development of new energy industry, analyze the nonlinear relationship, and propose relevant strategies to promote the development of new energy industry and pay attention to the coordinated development of energy consumption and environmental protection.

Highlights

  • After the reform and opening up, China economic development level has made a great leap

  • This paper mainly studies the impact of carbon emissions and economic growth on the development of new energy industry, so as to put forward relevant suggestions on the coordinated development of energy consumption and environmental protection while promoting the development of new energy industry. [1]

  • This paper selects China hydropower, wind power, solar energy and nuclear power generation from 2000 to 2019 as the indicators to measure the development degree of new energy industry, which is recorded as new (100 million kwh); secondly, using the carbon emissions of various provinces and cities calculated in this chapter to add up China carbon emissions from 2000 to 2019, which is recorded as CO2 (100 million tons).In order to ensure the stability of variable data[4]., the logarithm of carbon emissions and economic growth variables is taken as LNEW and LCO2, and the first-order difference is carried out respectively to obtain DLEW and DLCO2 series

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Summary

Introduction

After the reform and opening up, China economic development level has made a great leap. In the face of the new economic situation, on the one hand, China is in the stage of supply side reform, and needs to break through the old mechanism and explore new endogenous power. China current environmental pressure is great, so promoting the development of new energy industry is in line with China environmental protection policies, and it is necessary to solve the environmental problems and energy supply at the same time. It is of great significance to study the factors affecting the development of new energy industry. This paper mainly studies the impact of carbon emissions and economic growth on the development of new energy industry, so as to put forward relevant suggestions on the coordinated development of energy consumption and environmental protection while promoting the development of new energy industry. This paper mainly studies the impact of carbon emissions and economic growth on the development of new energy industry, so as to put forward relevant suggestions on the coordinated development of energy consumption and environmental protection while promoting the development of new energy industry. [1]

Data and model
Data sources and descriptive analysis
Stationary test
Determination of lag order
Model estimation and result analysis
Result analysis
Give priority to the development of hydropower energy
Strategic transformation in eastern China
Conclusion

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