Enterprise Emission Reduction Research Articles

Impact of green credit on green finance and corporate emissions reduction

Green finance can promote sustainable economic and environmental development. Currently, China's green financial products are mainly based on green credit. In order to improve the green financial products and services, we need to attract more players to participate in the green financial market. This paper constructs a tripartite evolutionary game model of "bank financial institutions - non-bank financial institutions - enterprises". The purpose of this paper is to investigate whether green credit can lead to the "greening" of the financial system and promote energy saving and emission reduction of enterprises. The results of the study show that: (1) If the initial willingness of banks and financial institutions to implement green credit is high, it will promote the participation of enterprise in energy saving and emission reduction. It will promotes the enterprises to participate in energy saving and emission reduction. (2) If the initial willingness of each subject to participate in the development of green finance is low, the government needs to increase incentives.

Inherent Complexity and Early Warning of Zaozhuang Circular Economy System

Based on China’s green energy development strategy, this paper constructs a basic model of recycling and a channel expansion model for the circular economy foundation of Zaozhuang, Shandong Province, China. Through numerical simulation, it is found that each member of the supply chain should control the rate of price adjustment, otherwise it will cause market disruption. The model is controlled based on a chaos control method. Then, based on the fuzzy comprehensive evaluation method, an early warning system for the circular economy of Zaozhuang City is constructed. It is found that the economic development of Zaozhuang is a serious warning, resources are moderate warning, and the environment is not in an alarm state. In addition to paying attention to energy conservation and emission reduction of enterprises, the government should pay attention to creating awareness of energy conservation and emission reduction in society, and strengthen the technological investment in reducing pollutant emissions. This paper provides a strategic reference for the circular economy model in Zaozhuang, Shandong, China.

Research on Carbon Accounting Information Disclosure of Hunan Valin Steel under the “Double Carbon” Policy

In recent years, with the continuous development of social economy, the global temperature problem has become more serious, and carbon emissions have become a hot topic that all countries pay close attention to. In March 2021, General Secretary Xi Jinping proposed that China should achieve the goal of carbon peak in 2030 and carbon neutrality in 2060, which is the “double carbon” policy. As a highly polluting steel industry, it should take the initiative to assume the corresponding social responsibility and respond to national policies. Among them, carbon accounting information disclosure is very important. On the one hand, carbon accounting information disclosure can make enterprises and information users better understand the green development and energy conservation and emission reduction of enterprises. On the other hand, carbon accounting information can help government departments have a deeper understanding of the current carbon emissions, and at the same time have a reliable forecast of the future development trend. The important data collected in this paper are sorted out and summarized on the basis of relevant data. This paper analyzes the situation, problems and solutions of carbon accounting information disclosure in Hunan Valin Steel, and points out that there are some problems in carbon accounting information disclosure of Hunan Valin Steel, such as nonstandard contents, limited ways of disclosure and lack of supervision. It also analyzes the causes of these problems from both internal and external aspects of enterprises and puts forward corresponding countermeasures, so as to promote the development of carbon accounting information disclosure of iron and steel enterprises and the smooth implementation of China’s “double carbon” policy.

The Impact of SO2 Emissions Trading Scheme on Firm's Environmental Performance: A Channel from Robot Application.

Improving the environmental performance of enterprises is the key to achieving the goal of energy conservation, emission reduction and green development. This paper investigates the causal impact on the firm's environmental performance of China's SO2 emissions trading scheme (SO2 ETS), a market-based environmental regulation. Different from the verification mechanism of the Porter hypothesis in the existing literature, we examine the micro mechanism of both emission reduction and efficiency gains of enterprises from the perspective of robot application based on Chinese firm-level data from 2000 to 2013. The paper found that SO2 ETS significantly reduces the emission intensity of Chinese enterprises, and the results are still significant after a series of robustness tests and using instrumental variables to overcome the endogeneity problem. Mechanism analysis shows that the reduction of pollutant emissions and the productivity effect of robot application are two significant channels for SO2 ETS to improve the firm's environmental performance. In addition, in resource-based and recession-oriented cities, the SO2 ETS has a more significant effect on enterprise emission reduction. These findings provide empirical evidence and policy enlightenment for enterprises to promote market-oriented environmental regulation and release institutional dividends in the process of industrial automation transformation, green and sustainable development.

Energy Conservation or Emission Reduction? The Effects of Different Types of Environmental Regulations on Enterprises’ Green Innovation Preference

Previous research on green innovation sought to comprehend the antecedents and outcomes of environmental regulations. However, how these antecedents translate into outcomes may vary depending on different types of environmental regulations, such as environmental subsidies and pollution charges. We propose and test the effects of different environmental regulations on enterprises’ green innovation preferences. Moreover, we analyze how ownership type moderates the observed effects. The fundamental results reveal that: (1) Environmental subsidies and pollution charges positively affect energy conservation innovation. (2) Environmental subsidies and pollution charges positively affect emission reduction innovation. (3) Pollution charges are not as effective as environmental subsidies in promoting energy conservation innovation. However, pollution charges have a greater implementation effect than environmental subsidies in encouraging emission reduction innovation. (4) The types of enterprise ownership only play a positive moderating role in the relationship between pollution charges and emission reduction innovation. Accordingly, this paper provides auxiliary decision-making for the government to motivate the energy conservation and emission reduction of enterprises.

EVOLUTIONARY GAME ANALYSIS OF CORPORATE CARBON REDUCTION STRATEGIES UNDER CARBON EMISSION RIGHTS AUCTION

As the world’s largest emitter of greenhouse gases, China is actively exploring the best way to address climate change. 2021 marks the official opening of China’s carbon emission trading market. In order to investigate the evolutionary game relationship between carbon emission reduction by enterprises and carbon regulation by the government under the carbon emission rights auction, the article constructs an evolutionary game model between enterprises and the government, and analyzes the influence of carbon penalty, carbon subsidy and carbon emission rights revenue on the behavior of the government and enterprises. The results of the model show that the government’s active carbon regulation measures can effectively promote the energy saving and emission reduction of enterprises, and the carbon emission trading market can play the role of market regulation to promote the goal of “double carbon” and the coordinated development of the region.

Research on Resource Carbon Emission Allocation Efficiency Based on Blockchain Consensus Algorithm

This paper takes the secondary low-carbon supply chain composed of a manufacturer and a retailer as the research object and takes the government subsidy strategy of low-carbon supply chain as the research theme, the government invests in the construction of blockchain technology application platform, and supply chain enterprises use blockchain technology for compensation. Under this background, considering consumers’ low-carbon preference and green trust, a three-stage game model dominated by the government and followed by manufacturers and retailers under the four scenarios of emission reduction technology input subsidy and low-carbon product output subsidy before and after the application of blockchain technology is established. By comparing the optimal social welfare, carbon emission reduction rate, and low-carbon product output under the four scenarios, the optimal problem of government low-carbon subsidy strategy is discussed. It is found that when the product of consumers’ low-carbon preference coefficient and green trust coefficient is greater than a certain fixed value, the government can obtain higher social welfare and promote enterprises’ emission reduction through output subsidies. The government can always promote the demand for low-carbon products through output subsidies. When the emission reduction cost coefficient approaches infinity, the demand for low-carbon products when the government implements output subsidies are four times that when the government implements technology subsidies. When the single cycle shared cost of the blockchain platform and the unit cost of enterprise application of blockchain technology are less than a certain threshold, the government’s construction of the blockchain platform can obtain higher social welfare, promote enterprise emission reduction, and improve consumers’ demand for low-carbon products.

Research on Influential Factors and Trends of the Enterprise to Reduce Emissions in Nanjing City Using Gray Methods

In order to answer following two questions, One is the influence factors and the influence degree of Nanjing enterprise emission reduction，Another is in the future five years Nanjing City enterprise COD and SO2 emissions trend prediction. This paper begins with a qualitative analysis of factors affecting enterprise emission reduction in Nanjing City, resulting in the classification of these factors according to their importance and significance by using the Grey Correlation Analysis method; Based on the fact that enterprise emission reduction in Nanjing system is gray, this paper established the Grey forecasting model GM (1, 1), 2011 ~ 2015 Nanjing enterprise COD and SO2 emissions was forecast. This paper studies showed that Nanjing emission reduction is the basic health; As long as continue to strengthen the work of emission reduction, in the next five years, Nanjing enterprise COD and SO2's total emissions will continue to decline.