The national unified market and carbon neutrality performance
The construction of a unified national market provides a new path choice for achieving the goal of"double carbon,"and it is possible to drive carbon neutrality performance improvement with market forces.Using China's provincial panel data from 2005 to 2020,this paper explores the carbon neutralization effect of the national unified market and its internal mechanism.The study found that the construction of a unified national market has significantly improved China's carbon neutrality performance,and this conclusion is still valid after a series of robustness tests and endogenous processing.Compared with other regions,the carbon neutrality performance of regions east of the Hu line,north of the Qinling-Huaihe line and mature urban agglomerations is more significantly affected by market unification.Mechanism research finds that reducing government intervention,improving energy consumption structure and promoting green technology innovation are the main paths for the national unified market to exert carbon neutrality effect,while urbanization,green finance and marketization play a positive regulatory role.The expanded research finds that the construction of a unified national carbon market represented by the ETS pilot policy has a significant policy effect.Based on the research conclusions,we have obtained important policy implications such as focusing on promoting the system construction of the national unified market,making good use of the two"green"tools of green finance and green technology,and accelerating the development of regional integration.
The National Unified MarketCarbon Neutrality Performancegovernment intervention