Estimation and Analysis of Carbon Emission Efficiency in Chinese Industry and Its Influencing Factors—Evidence from the Micro Level

Xinna Zhao, Li Guo, Zhiyuan Gao and Yu Hao ()
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Xinna Zhao: School of Economics and Management, Beijing Institute of Petrochemical Technology, Beijing 102617, China
Li Guo: School of Economics and Management, Beijing Institute of Petrochemical Technology, Beijing 102617, China
Zhiyuan Gao: School of Economics and Management, Beijing Institute of Petrochemical Technology, Beijing 102617, China
Yu Hao: School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China

Energies, 2024, vol. 17, issue 4, 1-15

Abstract: A major goal of the “14th Five-Year Plan” phase is to promote the green transformation of industrial enterprises to address the ‘dual carbon’ challenge. Utilizing the China Industrial Enterprises Database and the Polluting Enterprises Database, this paper calculates the carbon emissions of Chinese industrial enterprises from 2001 to 2010 at the micro level. It presents an analysis of the heterogeneity of carbon emission efficiency (TPI) in industrial enterprises, as well as the factors influencing corporate TPI. This study finds that enterprises within a subdivided industry exhibit heterogeneous levels of TPI, with carbon emissions largely affected by the structure of energy consumption. The researchers suggest accelerating the transition of industrial enterprises to green technology and argue that carbon emission policies should shift from controlling direct total targets to strengthening market-oriented policy tools. Carbon reduction targets should be more stringent for enterprises with lower TPI, considering the heterogeneity among enterprises. To meet the challenges of emission reduction, industrial enterprises are encouraged to actively reform their energy consumption structure. Government policies should aim to reduce clean energy costs and encourage the use of clean energy by industrial enterprises.

Keywords: industrial enterprises; carbon emission efficiency; heterogeneity; carbon emission policy (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
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