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Toward China's green growth through boosting energy transition: the role of energy efficiency
Kangyin Dong1, Jun Zhao2, Farhad Taghizadeh-Hesary3,4
1School of International Trade and Economics, University of International Business and Economics, Beijing, 100029 China.
Abstract:
The primary purpose of this study is to quantitatively evaluate whether low-carbon energy transition has achieved preliminary progress in facilitating China's green evolution of economy following the provincial dataset. Besides, how improved energy efficiency moderates the influence of energy transition on green growth and the mediation effects are also quantitatively explored. The primary findings insist that low carbonization energy transition is positively associated with green growth, a finding detected by a series of sensitivity checks. Besides, the reciprocal actions between adjusting energy structure and raising energy productivity can effectively strengthen their roles in promoting green growth. In addition, boosting clean energy transition plays an indirect role in green growth by enhancing energy productivity while directly facilitating green growth. Following the three outcomes, this study puts forward some policy implications on enhancing governmental supervision, promoting clean energy evolution, and upgrading ecological protection technologies.
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