School of Economics and Management, Hubei Polytechnic University, Huangshi 435003, China.
School of Economics and Management, Hubei University of Science and Technology, Xianning 437100, China.
Int J Environ Res Public Health. 2022 Dec 5;19(23):16256. doi: 10.3390/ijerph192316256.
Lowering carbon output and reducing emissions have been worldwide concerns as global warming and environmental pollution worsen. Governments play a key role in driving corporate action related to carbon and emission reduction. In this paper, mining companies listed in China's A-share market were taken as samples to analyze the impacts of fiscal subsidies on the carbon emissions of mining enterprises through empirical tests. These findings demonstrated that fiscal subsidies could substantially lower corporate carbon emissions by incentivizing and enhancing their green-technology innovation. Financing constraints provided no prominent mediator effects between fiscal subsidies and carbon emissions, and these subsidies failed to considerably relieve their financing constraints in order to restrain carbon emissions. These results indicate that government policies on fiscal subsidies could represent significant guidance for corporate low-carbon and environmental-protection efforts, thereby providing empirical evidence for governmental environmental-protection policies.
随着全球变暖与环境污染问题的加剧，降低碳排放和减少排放已经成为全世界关注的焦点。政府在推动企业采取与碳减排相关的行动方面发挥着关键作用。本文以中国 A 股市场上市的矿业公司为样本，通过实证检验分析了财政补贴对矿业企业碳排放的影响。研究结果表明，财政补贴可以通过激励和增强企业的绿色技术创新，显著降低企业的碳排放。融资约束在财政补贴与碳排放之间没有显著的中介效应，并且这些补贴并没有显著缓解企业的融资约束，从而抑制碳排放。这些结果表明，政府的财政补贴政策可能为企业的低碳环保努力提供重要指导，为政府的环保政策提供了经验证据。
