Is There a"Rebound Effect"of Carbon Emissions?—A Mechanism Research from the Development Perspective of Digital Finance
Digital finance is a new form of finance in recent years,and its development is of great significance to achieve carbon neutrality and carbon peak.It was found that digital finance will have different impacts on carbon emissions in line with its scale,structure,technology and policy.The development of digital finance significantly reduces carbon emissions,and at the same time has the"rebound effect"of carbon emissions,which,however,is insignificant in the tertiary industry as the heterogeneity analysis shows.A further study of the impact mechanism of"rebound effect"using the regulatory effect mode found that the growth of economic scale will partially offset the carbon reduction effect of digital finance,while the progress of green technology and the implementation of environmental protection policies will strengthen the carbon reduction effect of digital finance,and the impact of digital finance on carbon emissions varies with the changes in industrial structure.Therefore,in order to achieve the goal of carbon peak and carbon neutrality,it is necessary to coordinate the relationship between economic growth and industrial structure,increase investment in the research and development of green technology,and formulate scientific and reasonable environmental policies.
digital financecarbon emissionsrebound effectscale effectpolicy effect
张恩典、李湛、薛安伟
展开 >
上海社会科学院应用经济研究所
@@@1.Institute of Applied Economics
2.Institute of World Economics,Shanghai Academy of Social Sciences,Shanghai 200020,China