The Effects Of Policy On Photovoltaic Industry:

Energy is the material base of human activity,and also the material basis for the national development and security.After entering the 21st century,it leads to ecological environment problems for the traditional fossil energy resource scarcity and a large amount of consumption,so accelerating the development of renewable energy to replace fossil fuels becomes the urgent requirement of energy security and civilization construction.China made a promise on climate conference in Paris in 2015,by 2030 unit of gross domestic product(GDP)of carbon dioxide emissions 65%lower than in 2005,non-fossil energy of primary energy consumption ratio reached 20%,striving for the realization of zero discharge of waste gas in this century.Renewable energy is a realistic choice to achieve emission reduction targets,as a typical type of clean renewable energy,Solar energy is abundant,and has received national attention and development.Due to China’s photo-voltaic industry development later,it still has the problem of technology and market,and must rely on the support of government policy can better development.Policy mainly through fiscal subsidies and tax preferences two ways,These are studies to the effect of these policies for scholars from the perspective of enterprises,technological innovation and the economic benefit is studied,and the policy of positive incentive effect there is a different point of view.But is bearing the weight of the renewable energy of energy conservation and emissions reduction targets for the influence of the environmental benefits are rarely studied.The currently existing in the light of the concrete influence development of photovoltaic industry environment focuses on renewable energy development direction,using the whole life cycle assessment,to the whole process of production as the research object,and per kilowatt-hour production reducing atmospheric pollution emissions,can more intuitive environmental improvement compared to the development of the industry.For photovoltaic industry,the financial subsidies including feed-in tariff subsidies and environmental expenditure,subsidies for a feed-in tariff is to the enterprise the high cost of compensation caused by the low technology,the research on environmental expenditure is the government’s contribution in terms of environmental governance.First of all,this paper studies the specific policy form of photovoltaic industry and environmental benefits is defined,and lay a foundation for later analysis,then combed the literature review of photovoltaic industry,including the development of photovoltaic industry,fiscal and taxation policy research of incentive effect and environmental benefit.In this paper,the third part studies the theoretical basis of fiscal and taxation policies.According to traditional theory,the spillover of industrial technology and environment lead to market failure,on the other hand,new industries to achieve transformation and upgrading of the structure also need policy support.From the current situation of fiscal and taxation policy,industry development level of imbalance in the development of the industry chain,technology innovation,and single access to financing difficulties,just relying on market mechanism can’t solve it,which requires the participation of the government.The fourth part mainly analyzes China’s current fiscal and taxation policies to support the role of the path and impact on supporting the target path analysis.The factors which restricting the development of the industry include new technology,market demand and institutional factors,such as government starting from the goal of technology and environment,through subsidies and tax preferences and other forms,and in this paper,from the Angle of technical innovation and environmental benefits the incentive effects of fiscal policy path has carried on the theoretical analysis and empirical research.Subsidies to increase the budget of enterprise business activities,and reduce the management risk of the enterprise main tax preferences,the fifth part constructs the dynamic panel data,selecting the 10 listed companies with lower power generation business data from 2010-2015 for the fiscal and taxation policy has carried on the empirical research.To a certain extent,they both can reduce the enterprise cost,but the strength to promote is different,so the government should focus on the choice according to the actual situation,a better effect to make policy.We made empirical analysis on the two policy tools,and the conclusion is the fiscal and taxation policy really played a significant role in the development of photovoltaic industry,but the government should focus on the choice according to the actual situation for the different promotion to make the implementation of policy better effect.According to the above empirical analysis,and the current situation of photovoltaic industry in China,putting forward some policy suggestions in the fiscal and taxation from two aspects of government and enterprises,mainly:perfecting the fiscal and taxation policies,improving the level of technology research and bringing in professional talents,broadening the financing channels and building a diversified financial system.