Can Carbon Emission Trading Promote the Low-Carbon Transformation of the Regional Energy Structure?
Based on the panel data of 30 provinces from 2005 to 2019,the study adopts the DID model to evaluate the impact of the carbon emission trading pilot policy on the low-carbon transition of energy structure,and analyzes the transmission mechanism of green technology innovation inside.The results show that the carbon emission trading policy can reduce carbon emissions and promote the low-carbon transformation of energy structure,and the effects are gradually significant over time.Moreover,Carbon emission trading policy promotes the low-carbon transformation of energy structure by promoting the progress of green technology.The impact of carbon emission trading policy on the low-carbon transition of energy structure varies greatly among different pilot regions.Among them,the policy effects of Beijing,Tianjin and Chongqing are significant,while the policy effect of other pilot provinces are not obvious.
carbon emission trading policycarbon emissionlow-carbon transition of energy structureDID Modelgreen technology progress