 Climate policy uncertainty and energy transition: Evidence from prefecture-level cities in ChinaYangyi Lin and Adrian (Wai-Kong) Cheung () Energy Economics, 2024, vol. 139, issue C Abstract: Extreme weather has become a severe threat to humanity today, with a major blow to energy systems. Energy transformation has become a significant trend in global development, and China has the responsibility and obligation to combat climate change. This paper examines the impact of climate policy uncertainty on energy transformation in China at prefecture-level cities level. A new climate policy uncertainty index and a new measure of energy transition are proposed. The results indicate that climate policy uncertainty has a negative impact on the energy transition. The result still holds after a series of robustness tests. Further analysis shows that the adverse impact of climate policy uncertainty on the energy transition weakens with more proactive government behavior and greater public environmental concerns. For cities that are economically underdeveloped, non-resource oriented and officials’ promotion pressure mounting, the disincentive to energy transition is greater when climate policy uncertainty rises. Keywords: Climate policy uncertainty(CPU) index; Energy transition; Low carbon economics (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:139:y:2024:i:c:s0140988324006467 DOI: 10.1016/j.eneco.2024.107938 Access Statistics for this article Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant More articles in Energy Economics from Elsevier |
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