Leveraging carbon label to achieve low-carbon economy: Evidence from a survey in Chinese first-tier cities

An evolutionary game and system dynamics approach for the production and consumption of carbon-labeled products-based on a media monitoring perspective

Carbon label is acknowledged as an effective way to combat the problem of global warming. As a powerful way to encourage individuals to adjust their consumption patterns and to promote the development of green consumption, carbon-labeled products are widely developed in China. To reveal the production and consumption process of carbon-labeled products, the present study constructs a tripartite game model consisting of the government, carbon-labeled products manufacturers and consumers based on a media monitoring perspective. The evolutionary stability strategy (ESS) is firstly determined by solving the replication dynamic equations and stability analysis of the equilibrium point, followed by the strategy analysis and sensitivity analysis through numerical simulation. The results show that media supervision can effectively complement and constrain government supervision. In addition, it can promote enterprises to standardize production and enhance consumers' trust and willingness to buy carbon-labeled products. The introduction of media supervision can well realize the ideal equilibrium of "effective government supervision, enterprise compliance and consumer support for purchase".

Preference of consumers for higher-grade energy-saving appliances in hierarchical Chinese cities

Promotion of energy-saving household appliances (ESHAs) potentially contributes to optimizing both the total quantity and efficiency of household energy consumption. Differences in urban consumers' preference for higher-grade ESHAs as well as its influencing factors in cities with hierarchical socioeconomic levels remain elusive. Targeting 55 Chinese cities pertaining to three levels of socioeconomic development, we distribute questionnaires designed to cover both demographic and consciousness factors. By combining Contingent Valuation Method and multiple linear regression, the extra willingness to pay (WTP) for Grade-1/2 appliances compared with Grade-3 appliances is measured, and the influence factors on the WTP as well as consumers with highest WTP are identified. The extra WTP for Grade-1 appliances in First-, Second- and Third-level cities is 44.1%, 42.3% and 32.7%, respectively. The influences of age, household income, having children or not and monthly electricity bill parallel the socioeconomic level, while gender and schooling affect differently across socioeconomic levels. Consumers in less developed cities focus more on their affordability for the ESHAs, and in more developed cities have better environmental consciousness. Subsidies for consumers, such as those having master degree or above in First-level and Second-level cities, and having children in Third-level cities will increase their WTP. The findings provide insights for policy interventions aimed at boosting the purchase behavior for ESHAs according to local conditions for control of both household energy consumption and carbon emissions.

How different advertising appeals (green vs. non-green) impact consumers' willingness to pay a premium for green agricultural products

Green food has exceptional impacts in addressing food safety and environmental challenges. However, consumers' perception of green food is not substantial, which results in a decline in consumption intention. Since advertising appeals can play a bridging role in resolving information asymmetry. This study is based on self-construal theory, chooses green agricultural products images and text as experimental stimuli, and analyzes the interaction and influence mechanism between advertising appeals and consumers' willingness to pay a premium for green agricultural products through three sets of experimental studies. The findings demonstrate that self-construal and green agricultural product advertising appeals interact to influence consumers' willingness to pay a premium for green agricultural products. Green perceived value is more strongly influenced by matching dependent self-construal and green advertising appeals than non-green advertising appeals. Green perceived value plays a full mediating role in this interactive effect. Green agricultural products companies should adopt different advertising strategies according to the various categories of consumers to enhance consumers' green perceived value and increase the willingness to pay a premium.

Study on the synergistic effect of foreign trade, technological progress, and carbon emissions

A primary development plan for a country is to attain carbon neutrality and high-quality international commerce development. This study uses panel data from 30 provinces in mainland China to analyze the dynamic interplay between international trade, technological innovation, and carbon emissions. The findings show that foreign trade, technological progress, and carbon emissions all have their own “economic inertia” that can be self-motivated and self-reinforcing. Foreign commerce and carbon emissions are mutually inhibiting, but technical progress and carbon emissions are mutually reinforcing. This illustrates that achieving a positive cycle of international trade, technological improvement, and carbon emissions necessitates a significant baseline need. Overcoming carbon trade barriers is currently the most difficult challenge for Chinese enterprises involved in foreign commerce. Low-carbon technology advancements are a critical part in this process. Our research strengthens the positive connections between international trade and carbon emissions as a result of technological improvement and proposes a feasible plan for international trade to achieve carbon peaking and carbon neutrality.

Decisions for Blockchain Adoption and Information Sharing in a Low Carbon Supply Chain

Enterprises in low-carbon supply chains have been exploring blockchain technology in order to make carbon data transparent. However, there is still some opaque information in the market, such as the value-added service efficiency. How do supply chain members make decisions between information sharing and blockchain adoption? This study considers blockchain adoption and information sharing in a low-carbon supply chain with a single manufacturer and a single retailer. The retailer has private information about value-added services and decides how to share it with the manufacturer. We examine six combined strategies comprised of blockchain scenarios and information sharing formats (no sharing, voluntary sharing, and mandatory sharing). The results indicate that supply chain members prefer blockchain technology under no sharing and voluntary sharing. Under mandatory sharing, supply chain members have incentives to participate in blockchain when the value-added service efficiency exceeds a threshold value. While the manufacturer prefers to obtain the value-added service information, the retailer decides to share information depending on the value-added service efficiency. Besides, supply chain members’ attitude toward the sharing contract also depends on the value-added service efficiency.

Identifying what shapes the words and actions of residents' environmentally friendly express packaging: Evidence from a two-stage payment model

Voluntary purchase of environmentally friendly products is crucial to alleviating ecological degradation caused by human activities that revealing residents' payment decision-making mechanism is indispensable. Most current studies do not distinguish residents' payment decision-making behavior as a two-stage process of willingness to pay (WTP) and expected payment (EP), and research on negative factors needs to be deepened. To make up for the shortcomings, this study decomposes residents' environmentally friendly express packaging payment decision-making behavior into WTP and EP, and selects positive and negative antecedent variables. Then, the Double-Hurdle Model is used to explore the effects of variables. The results show that residents' EP is 2.68-3.89 RMB per item. Performance expectancy has a positive effect, and risk perception has a negative effect on WTP and EP. Additionally, influencing factors of WTP and EP differ, with facilitating conditions enhancing WTP, while social influence and green advertising acceptance promoting EP. Interestingly, effort expectancy has a positive impact on WTP but a negative effect on EP. Female residents with higher education and family monthly income have higher WTP and EP. The research shed light on residents' payment and recommendations on the promotion of environmentally friendly products are further proposed.

How Well Are Manufacturing Companies in Transylvania, Romania Adapting to the Low-Carbon Economy in Order to Become Sustainable?

This paper addresses the degree of readiness of manufacturing companies in the well-defined area of Transylvania, Romania for tackling the challenges of the low-carbon economy (LCE) in view of the ambitious goals of the European Union. The presented survey aims to provide a better understanding about the management and reduction in the carbon footprint among production companies in Romania, as this sector is not usually included official strategies or studies. One hundred and three companies, selected based on voluntary sampling responses, were investigated using a 40-item questionnaire. The survey was applied to the manufacturing sector, including automotive, furniture production, and metal processing domains, which are locally representative and a good approximation of what small- and medium-sized firms look like across the EU, thus furnishing a good view of what takes place in other countries as well. The results obtained were analyzed using univariate descriptive statistics, multi-variate item analysis, and hypothesis testing to arrive at conclusions with a high degree of applicability. The purpose was to obtain an accurate overview about the actual situation and help companies find solutions in order to reduce the carbon footprint in the production field and achieve sustainable manufacturing. We arrive at the conclusion that manufacturing firms have a high degree of interest in decarbonization, but understand the efforts required to the same degree they understand the opportunities it brings. For example, 55% of respondents are interested in the benefits of LCE, while 90% of them observe at least one environmental standard, and ca. 70% implement at least common decarbonization measures, such as electricity savings or process optimization. While raising awareness and improving technological processes are accepted and embraced, other issues (i.e., involvement in RDI and CSR, change management, as well as financing investment efforts) should be addressed by proper policies.

The Role of Large Cities in the Development of Low-Carbon Economy—The Example of Poland

The main objective of the article is to evaluate the investment activity of large cities in Poland in the area of developing a low-carbon economy in 2014–2020, co-financed by European Union funds. This article poses several research questions, namely: Do large cities with environmental problems actively obtain EU funding to develop a low-carbon economy? What are the main socio-economic and environmental determinants of the level of the EU funding absorption among large cities in the research area? The empirical research was conducted on the basis of the data from the Ministry of Investment and Economic Development in Poland, which is responsible for the implementation of cohesion policy funds and from the Local Data Bank of Statistics Poland. Under the 2014–2020 perspective, 223 such projects have been implemented for a total of PLN 21 billion (EUR 4.74 billion). The projects focused on: transportation, electricity, gaseous fuels, steam, hot water and air for air conditioning systems, and environmental and climate change activities. In terms of both the number and the value of EU funds spent, great variation has been observed. Analysis of the correlation relationships showed a highly positive correlation between selected indicators of investment activity in the field of low-carbon economy co-financed by EU funds (especially taking into account the value of investments per area) and socio-economic indicators of Polish metropolises. Metropolises with high demographic, economic, and financial potential have proven to be more effective beneficiaries. Interestingly, no correlation was found between investment activity in the low-carbon economy and the level of environment pollution in large cities. This means that, unfortunately, pro-environmental activities depend on the state of finances of the cities, and not necessarily on the actual needs, even taking into account the fact that the EU covers a large proportion of the costs.