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Do Environmental Regulations Facilitate a Low-Carbon Transformation in China's Resource-Based Cities?
Wancheng Xie1,2, Andrew Chapman2, Taihua Yan1
1School of Economics and Business Administration, Chongqing University, Chongqing 400030, China.
Summary
Environmental regulations significantly boost the low-carbon transformation of resource-based cities (RBCs) in China. This governance mechanism enhances green technology, foreign investment, and industrial upgrading, aiding carbon goals.
Area of Science:
- Environmental Science
- Economics
- Urban Planning
Background:
- Resource-based cities (RBCs) are crucial for national resource security but face significant environmental challenges.
- Achieving China's carbon peaking and neutrality targets necessitates the low-carbon transformation of RBCs.
Purpose of the Study:
- To investigate the role of governance, specifically environmental regulations, in facilitating the low-carbon transformation of RBCs.
- To analyze the mechanisms through which environmental regulations impact this transformation.
Main Methods:
- Utilized a dynamic panel model with data from Chinese RBCs spanning 2003-2019.
- Employed mechanism analysis and heterogeneity analysis to explore influencing factors.
Main Results:
- Environmental regulations were found to positively facilitate the low-carbon transformation of RBCs.
- Key mechanisms include strengthening foreign direct investment, enhancing green technology innovation, and promoting industrial structure upgrading.
- The positive impact is more pronounced in economically developed regions with lower resource dependence.
Conclusions:
- Environmental regulations are an effective tool for promoting the low-carbon transformation of RBCs in China.
- Findings offer theoretical and policy insights for sustainable development in resource-dependent urban areas globally.
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