Does the new energy vehicles adoption reduce carbon emissions?A perspective of spatial spillover effect
The new energy vehicle(NEV)industry is one of key parts to achieve the"double carbon"goal of transportation sector in China,and its decarbonization effect has attracted extensive attention and research.However,the market proliferation of NEVs may also increase electricity consumption,which might transfer the local carbon emissions through the grid to the cities those are the net power exporters.In view of the above,based on the panel data of 50 cities in China from 2010 to 2020,we use a spatial econometric model to investigate the impact of the NEV adoption on carbon emissions.The results show that the NEV adoption has a significant spatial spillover effect.The adoption of local NEVs will not only reduce the local carbon emission,but also reduce the carbon emission of neighboring cities.The NEV adoption indirectly affects carbon emissions through substitution effect,energy consumption effect and technology effect.In the cities that own more optimized energy structure and NEV demonstration and promotion pilots,and are characterized as power-input,the decarbonization effect of NEV adoption is stronger.The results of the study not only provide a new theoretical basis for the realization of transport sector decarbonization,but also provide empirical evidence for the formulation of more effective policy measures.
new energy vehiclescarbon emissionsdecarbonization effectspatial spillover effect