Research into the Correlation between Carbon Emissions, Foreign Energy Investment, and China’s Financial Advancement

Jialong Mi ()
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Jialong Mi: School of Economics & Management, Changsha University of Science & Technology, Changsha 410205, China

Energies, 2024, vol. 17, issue 16, 1-12

Abstract: Carbon dioxide emissions are the primary driver of global climate change. This study aims to analyze the relationship between inward foreign direct investment in the energy sector and CO 2 emissions in China versus other countries. For this, the co-integration methods were used. The results suggested that China should encourage the adoption of green technologies in order to reduce CO 2 emissions and enforce strict environmental laws. Another necessary step is to stop the licensing of polluting industries that emit high amounts of CO 2 emissions. The present findings can be used to develop state programs for environmental protection. Future research can examine the relationship of FDI in the energy sector with indicators other than pollution with CO 2 emissions, for example, with the consumption of renewable energy sources.

Keywords: carbon dioxide emissions; foreign direct investment; energy; Houseman test; Pedroni test; Phillips–Perron test (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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