The era of the digital economy has ushered in a new development opportunity for the energy industry, and the role of digitalization in the green and low-carbon transformation process of the energy industry has received increasing attention. Based on the panel data of 55 energy enterprises in China, this study explores the mechanism by …
Facing the increasingly stringent constraints of resources and the environment, the green transformation of enterprises is imperative. This study selects A-share listed companies in Shanghai and Shenzhen from 2014 to 2021 as samples, using the difference-in-differences method to examine the impact of the environmental protection tax reform (EPTR) on …
Green, low-carbon circular economy and the development model of energy-saving and environmental protection are emerging worldwide, ... However, the promotion effect on CCD is evident, indicating that the government encourages enterprises to transform ...
In order to reveal how China develops the energy storage industry, this study explores the promotion of energy storage from the perspective of policy support …
Implementing large-scale commercial development of energy storage in China will require significant effort from power grid enterprises to promote grid …
The results indicate that the EPTR can promote the green transformation of enterprises, achieving this through three channels: raising the cost of pollution, …
Digital transformation could potentially promote enterprises'' green innovation through optimizing resource allocation, innovation, and network effects. However, few empirical studies explore the mechanism of the promotion effect of digital transformation on enterprises ...
This study contributes to the existing literature by examining how the Environmental Protection Tax Law (EPTL) drives energy efficiency and demonstrating its environmental and economic dividends. Empirical evidence from a dataset of 271 Chinese prefecture-level cities from 2011 to 2020 reveals that EPTL significantly enhances energy …
Moreover, digital transformation provides a technological means of complying with environmental regulations and smooth business operations with less cost and energy (Arshad et al. 2022). Hypothesis H5a and H5b explains that the impact of environmental regulations on green innovation performance is strengthened by digital …
Mar 1, 2023, Yuping Shang and others published Does enterprise digital transformation contribute to the ... This study references policy documents and industry reports to expand the inventory of ...
Since April 21, 2021, the National Development and Reform Commission and the National Energy Administration have issued the ''Guidance on Accelerating the Development of New Energy Storage …
Green Credit and Energy Efficiency of Enterprises. • Empirical study matching the data of industrial enterprises above designated size in China from 2000 to 2014. • The promotion of green credit policy on enterprise energy utilization efficiency was …
Corporate environmental social responsibility enhancement is an important way to promote green and low-carbon economic transformation and achieve high-quality development. As an important reform of China''s environmental taxation system, environmental protection fees and taxes play a unique role in environmental …
Green credit is an important financial tool to coordinate the relationship between economic development and environmental protection. The Green Credit Guidelines (GCGs) issued in 2012 comprise the first formal, dedicated green credit policy. To test the effectiveness of the GCGs in green governance, in this study, we use the …
To address escalating environmental challenges and the energy crisis, traditional energy companies must initiate green transformations and enhance green innovation. ESG (Environmental, Social, and Governance) performance is vital for gauging enterprises'' sustainable development. Therefore, this study explores the relationship …
This paper empirically investigates the effects of the green credit policy (GCP) on the total amount, quality, and quantity of green innovation in renewable energy enterprises (REEs) by employing the difference-in-differences (DID) model. Analyses examining the channel, moderating, and economic effects are conducted using a sample …
In terms of the environmental protection ability of employees, first of all, enterprises should pay attention to the environmental protection awareness of candidates in the recruitment process. When issuing recruitment information, it can be explained that applicants are required to have strong environmental awareness and certain …
To achieve high-quality corporate development, it is essential to undergo green transformation. Unlike previous literature, this paper explores relevant mechanisms affecting firms'' green transformation from a novel perspective of green credit guidelines (GCG). Using A-share listed industrial enterprises in China from 2010 to 2020 as a …
The document contains 56 tax incentives to support environmental protection, energy conservation, comprehensive utilization of resources, and promote …
In terms of the impact of environmental policies on corporate green innovation, most studies are based on the Porter Hypothesis. Kammerer empirically concluded that environmental regulations not only drive innovation in green products and encourage extensive use of green products, but also promote their novelty, which lends …
The resource and environmental constraints on China''s economic development have become more prominent; thus there is an urgent need for enterprises to achieve green innovation transformation …
Energy Storage Technology is one of the major components of renewable energy integration and decarbonization of world energy systems. It …
Environmental innovation is an important practical exploration for enterprises to realize a win-win situation between economic and environmental benefits. In order to explore the environmental innovation effect of enterprise digital transformation, we empirically examine the impact of enterprise digital transformation on …
In the face of escalating global energy consumption and rising CO2 emissions, this research investigates the pivotal role played by China''s Energy Use Rights Trading (EURT) system in promoting Enterprise Green Innovation (EGI) within industrial enterprises. The study employs a rigorous Quasi-Natural Experiment (QNE) approach, …
In 2014, the Chinese government put forward a new strategy for energy security, and since then, all of China''s energy and power system reforms have been carried out around this principle, which has had a far-reaching impact on the energy industry and put new demands on the role of power enterprises. This paper first introduces the background of the new …
As a national macro policy, green credit is put forward in essence to guide the green transformation of enterprises. While realizing industrial upgrading and economic growth, the state should not ignore the problem of ecological environment. "Two high and one surplus" enterprises are often the key force to promote the development of the …
The establishment of green finance reform and innovation (GFRI) pilot zone is an important measure of the Chinese government to urge enterprises to develop green transformation. This paper explores the impact of pilot policies in the GFRI pilot zone on corporate environmental investment. Based on 819 A-share listed enterprises …
ESMAP Webinar - July 21st 2020. Background. Task Scope: Provide a simplified common guide for safe operation of energy storage systems for Developing Countries. Guideline …
Energy Storage Policy. This paper applies quantitative methods to analyze the evolution of energy storage policies and to summarize these policies. The energy storage policies selected in this paper were all from the state and provincial committees from 2010 to 2020. A total of 254 policy documents were retrieved.
Environmental Protection Department,content page,highlights,events and activities,press releases Skip to main content Policy Documents Hong Kong Environmental Report 2012-2022 Climate Action Plan 2050 …
In the context of the continued advancement of the green economy transition, the proactive pursuit of carbon emissions reduction and the early attainment of carbon neutrality goals have emerged as essential components in promoting high-quality economic development. Not only does it contribute to the …
As an important policy instrument to achieve greenhouse gas emission reduction, carbon emissions trading has also promoted the green transformation of enterprises while achieving carbon reduction targets. This study uses the implementation of the Chinese carbon emissions trading pilot policy (CETPP) as a quasi-natural …
Improved energy efficiency can promote both environmental protection and energy security in a cost-effective manner. There are significant opportunities for greater energy …
Energy storage. Storing energy so it can be used later, when and where it is most needed, is key for an increased renewable energy production, energy efficiency and for energy security. To achieve EU''s climate and energy targets, decarbonise the energy sector and tackle the energy crisis (that started in autumn 2021), our energy system …
The energy-saving and low-carbon development model is one of the important symbols of high-quality economic development. This article attempts to study the environmental effects of green finance from both theoretical and empirical perspectives, that is, to test whether green finance policies contribute to achieving energy …
The energy policy delineated in the Seventh FYP (1986–1990) also aimed to improve energy efficiency with a decrease to the energy consumption per 1000 RMB of national income from 1.29 tce (tonne of coal equivalent) in 1985 to 1.14 tce in …
In addition, the implementation of strict environmental policies by the government can increase the production costs of enterprises, but when environmental regulations are properly implemented ...