Abstract
This article takes Henan Province as the research object and analyzes the relationship between the green energy use, carbon emissions and economic growth in Henan Province by constructing a VAR model. The results show that: 1) There is a long-term equilibrium relationship between the green energy use, carbon emissions and economic growth in Henan Province. The green energy use can simultaneously promote the reduction of carbon dioxide emissions and sustainable growth of economy; 2)The article examines the “creative” effect and “destructive” effect of green energy use on economic structure in Henan Province, and the “creative” effect is greater than the “destructive” effect, so, the green energy use can help Henan Province to achieve green and low-carbon economic growth; 3) Carbon dioxide emission and economic growth are the important factors affecting the green use of energy in Henan Province. Recently, the call of national carbon emission reduction and the pressure of economic development transition have induced Henan Province to change to a clean and green use of energy to some extent; 4) The contribution rate of green energy use to economic growth shows an inverted U-shaped trend, which increases first and then decreases. Carbon emission has influence on both green energy use and economic growth to a certain degree. Finally, targeted recommendations are presented to promote the green energy use and ensure the coordinated and sustainable development of economy and environment of Henan Province.
Highlights
Since the reform and opening up, Henan has witnessed rapid economic development
From a long-term perspective, the green energy use in Henan Province can reduce carbon dioxide emissions in Henan Province, and promote Economic growth in Henan Province. we can see that if the proportion of green energy use in Henan province is increased by 1%, the carbon dioxide emission can be reduced by 2.7658%, indicating that the implementation and efforts of Henan Province’s energy clean-up policies and projects such as “coal to gas” have effectively reduced carbon dioxide emissions
Our results suggest that there is a long-term equilibrium relationship between green energy use, carbon emissions, and economic growth for energy, especially coaldependent developing regions
Summary
Since the reform and opening up, Henan has witnessed rapid economic development. The province’s GDP has exceeded 5 trillion yuan, and the per capita GDP has exceeded 8,000 US dollars. Low-carbon and green have become the keynote of Henan’s economic development Under this background, the green energy use has become an important measure of carbon emission reduction in Henan Province. Under the background of national advocacy, it is important for Henan Province to find the balance between the green energy use, carbon emission reduction and economic growth to ensure the coordinated and sustainable development of economy and environment. It finds out that how the green energy use can achieve a balance between carbon emission reduction and economic growth It examines the “creative” effect and “destructive” effect of green energy use on economic structure in Henan Province, and provides theoretical support for green energy use in Henan Province. We analyze the relationship between the green energy use, carbon emissions and economic growth in Henan Province.
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