Digitization Meets Energy Transition: Shaping the Future of Environmental Sustainability
Lin Wang,
Yugang He () and
Renhong Wu
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Lin Wang: Department of Business, Ningbo University of Finance and Economics, Ningbo 315175, China
Yugang He: Department of Chinese Trade and Commerce, Sejong University, Seoul 05006, Republic of Korea
Renhong Wu: School of Management, Kyung Hee University, Seoul 02447, Republic of Korea
Energies, 2024, vol. 17, issue 4, 1-25
Abstract:
This paper presents an empirical investigation into the effects of energy transition and digitization on carbon dioxide emissions, serving as a proxy for environmental sustainability, across 28 Chinese provinces from 2000 to 2021. Utilizing both static and dynamic regression analyses, the study reveals a significant driving effect of the energy transition on environmental sustainability, primarily through a reduction in carbon dioxide emissions. Notably, this influence is more pronounced in the eastern region of China, followed by the central and western regions, indicating regional heterogeneity in the impact of the energy transition. Furthermore, digitization is found to have a substantial moderating effect, enhancing energy conservation and emission reductions. As digitization progresses, its capability to diminish the impact of energy transitions on carbon dioxide emissions becomes more apparent, particularly in the eastern region, while this effect is less marked in central and western China. The study also delves into the nonlinear relationship between energy transitions and carbon dioxide emissions, discovering that increased levels of digitization can exacerbate the negative effects of energy transitions on emissions. These findings offer valuable insights into the dynamics of energy transition and digitalization, highlighting their crucial roles in shaping environmental sustainability in China.
Keywords: energy transition; digitization; carbon dioxide emissions; environmental sustainability; regional heterogeneity; nonlinear relationship (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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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:17:y:2024:i:4:p:767-:d:1334084
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