The role of environmental degradation and green investment on the renewable energy production in ASEAN countries: evidence using novel MMQR technique

Do renewable energy, environmental regulations and green innovation matter for China's zero carbon transition: Evidence from green total factor productivity

Rapid developments in environmental infrastructure have contributed to significant improvements in green total factor productivity, but further investigation is required to provide a detailed assessment to understand the policy mechanisms involved. This paper analyzes environmental progress in China through MMQR, CCEMG, and AMG as empirical strategies for 30 provinces in China. Our empirical results reveal that energy optimization through renewable energy is the most effective channel to improve green total factor productivity, though it is not the only available option. Since environmental regulations, infrastructure development, and green technology innovation also directly impact energy efficiency, adopting these within policy channels will positively impact environmental sustainability. Our empirical approach helps suggest novel environmental policy suggestions. In particular, policymakers must introduce structural changes within energy developments to foster renewable energy. Furthermore, China must increase environmental spending to upgrade its energy infrastructure further and solve ecological issues. These insights offer valuable policy guidance for decision-makers in China and globally, aiming to foster economic and environmental sustainability and achieve zero-carbon transition goals.

Assessing the nexus between green investment and low-carbon development of the transportation industry: does industrial structure and renewable energy matter?

Based on the background of comprehensive green transformation of economic and social development, this paper selects panel data of 30 provinces in China from 2000 to 2019, uses the panel fixed effects model and panel threshold effect model, and discusses the nonlinear correlation mechanism between green investment, industrial structure, renewable energy, and low-carbon development of the transportation industry. The results show that, firstly, industrial structure and renewable energy can significantly promote the low-carbon development of the transportation industry, while green investment has a restraining effect on it (the main reason is that currently its scale is small and its investment in the transportation industry is relatively low). Secondly, industrial structure and renewable energy have a negative moderating and threshold effect in the process of green investment restraining low-carbon development of the transportation industry. Thirdly, these threshold effects have obvious regional heterogeneity characteristics. Based on this, decision-makers should not only continue to expand the scale of green investment and optimize resource allocation but also fully utilize the threshold characteristics of industrial structure and renewable energy in different regions to develop different strategies and achieve the promotion of green investment in low-carbon development of the transportation industry as soon as possible.