Research on Financial Policy to Promote the Digital Transformation of the Energy Industry under the Carbon Peaking and Carbon Neutrality Goals
Under the carbon peaking and carbon neutrality goals,China's energy industry digital transformation is imminent.The energy industry is the main battlefield to achieve the carbon peaking and carbon neutrality goals,and the digital transformation of energy industry is an important realization path and strategic choice.This paper sorts out the relevant literatures,the current situation of digital transformation of energy industry and related financial policies,and focuses on analyzing the mecha-nism of financial technology and green credit affecting digital transformation of energy industry.This paper takes A-share listed companies in related energy industries from 2012 to 2021 as the research sample,sets digital transformation degree(DCG)as the explained variable,financial technology level and green credit balance as the core explanatory variable.By establishing a panel data model,this paper explores the impact of financial technology development level and green credit on digital transformation of energy industry.The analysis draws the following conclusions.First,improving the development level of financial technology and increasing green credit can significantly promote the digital transformation of energy industry.Second,government intervention plays a significant inter-mediary role in promoting the digital transformation of energy industry.This shows that financial tech-nology plays an important role in the digital transformation process of energy industry.China's finan-cial institutions can also help the digital transformation of energy industry by increasing the balance of green credit,and ultimately commit to the realization of the carbon peaking and carbon neutrality goals.
energy industrydigital transformationfinancial technologygreen credit
万方数据
