Abbasi Kashif Raza, Adedoyin Festus Fatai
School of Economics, Shanghai University, No. 99, Shangda Road, Baoshan Campus, Baoshan District, Shanghai, China.
Department of Accounting, Finance, and Economics, Bournemouth University, Poole, UK.
Environ Sci Pollut Res Int. 2021 May;28(18):23323-23335. doi: 10.1007/s11356-020-12217-6. Epub 2021 Jan 14.
Global warming is currently the biggest problem. China is the world's highest CO emitter. The Chinese authorities agreed to overcome global pollution per the current Paris treaty and have shown deep concern regarding global warming. Hence, policymakers are paying attention to economic policy uncertainty. Motivated by this issue, the study examines the effect of energy use, economic policy uncertainty, and economic growth on China's CO emissions from 1970 to 2018 by employing a novel dynamic ARDL simulation model. The findings show that energy use and economic growth have statistically substantial long-run and short-run positive effects on CO emissions. However, economic policy uncertainty has a statistically insignificant effect on CO emissions, due to firms' sustainability policies. Energy use can have valuable policy consequences, particularly for environmental sustainability. Therefore, based on the empirical findings, the crucial partnership and feedback on China's carbon emission policy should be carried forward.
全球变暖是当前最大的问题。中国是世界上二氧化碳排放量最高的国家。中国当局同意按照现行的《巴黎协定》应对全球污染问题，并对全球变暖表示了深切关注。因此，政策制定者们正在关注经济政策的不确定性。受这一问题的推动，本研究采用一种新颖的动态自回归分布滞后模拟模型，考察了1970年至2018年能源使用、经济政策不确定性和经济增长对中国二氧化碳排放的影响。研究结果表明，能源使用和经济增长在统计上对二氧化碳排放具有显著的长期和短期正向影响。然而，由于企业的可持续发展政策，经济政策不确定性对二氧化碳排放的影响在统计上并不显著。能源使用可能会产生重要的政策影响，特别是对环境可持续性而言。因此，基于实证研究结果，应推进中国碳排放政策方面至关重要的伙伴关系和反馈。
