Natural resource sustainability and green recovery: Insights from carbon emission reduction in China
Tian Fang
Resources Policy, 2024, vol. 89, issue C
Abstract:
China's exponential economic expansion over the past thirty years has been accompanied by environmental hurdles, notably a surge in carbon emissions. This study investigates the effects of measures aimed at reducing carbon emissions on the sustainability of natural resources and their contribution to promoting an environmentally friendly economic recovery in China between 1990 and 2020. The analysis employs Dynamic Ordinary Least Squares (DOLS) regression analysis. Implementing carbon emission reduction measures resulted in a substantial initial decrease in emissions. These initiatives have fostered advancements and monetary allocations towards environmentally friendly technologies and sustainable methods in various industries, bolstering efforts to reduce carbon emissions and improve economic stability.The results illustrate that an effectively planned carbon emission reduction system has the potential to generate significant financial resources for environmentally friendly initiatives and promote sustainable economic revitalization. We advise policymakers to persist in investigating and improving these strategies to ensure the long-term viability of natural resources and promote an environmentally friendly economic recovery.
Keywords: Natural resource; Green recovery; Carbon emission; Sustainability (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012783
DOI: 10.1016/j.resourpol.2023.104567
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