THE IMPACT OF CHINA’S CARBON PLEDGE ON THE COUNTRY’S HYDROPOWER PRODUCTION: EVIDENCE FROM THE STOCK MARKET

Yamin Li, Linchuang Zhu, Keh Kwek and Wenbin Wang
Additional contact information
Yamin Li: School of Economics and Management, East China Normal University, Shanghai, P. R. China
Linchuang Zhu: School of Management, Qingdao City University, Qingdao, Shandong, P. R. China
Keh Kwek: School of Management, Qingdao City University, Qingdao, Shandong, P. R. China
Wenbin Wang: School of Management, Qingdao City University, Qingdao, Shandong, P. R. China

Climate Change Economics (CCE), 2025, vol. 16, issue 04, 1-8

Abstract: China’s national climate goals to “peak†its carbon emissions before 2030 and to achieve “carbon neutrality†before 2060 are considered to exert a considerable impact on the country’s production of hydropower, one of the major clean energy sources. Although the existing literature provides a large number of studies on the impacts of China’s “dual carbon†climate goals, only very few studies discuss their impact on the hydropower industry. This paper selects Chinese hydropower companies listed on the country’s stock market to examine. To overcome the traditional problem of the Chow test, the Quandt–Andrews test is used to identify the structural changes in the stock market performance data of those selected companies. The analysis provides essential evidence that shows the considerable impact of China’s announcement of “dual carbon†climate goals on the country’s hydropower industry.

Keywords: “Dual carbon†goals; climate change; structural change test; hydropower industry; China (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2010007824400104
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ccexxx:v:16:y:2025:i:04:n:s2010007824400104

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2010007824400104

Access Statistics for this article

Climate Change Economics (CCE) is currently edited by Robert Mendelsohn

More articles in Climate Change Economics (CCE) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().