Impact Of Carbon Emission Trading Policy On Industrial Carbon Productivity

Since the reform and opening up,China’s economy has made remarkable achievements in the world.However,in the past,China adopted a rough and loose economic development model,which resulted in serious damage to the ecological environment,excessive consumption of resources and increasing environmental pollution.At present,China has entered a critical period of economic growth rate shift,industrial structure "three periods of overlapping" adjustment,economic growth model from "quantity" to "quality" change,industry as the In addition,industrial energy consumption accounts for more than 70% of the country’s energy consumption,and the control of carbon emissions in the industrial sector is the key to achieving the medium-and long-term goal of reaching the carbon peak by 2030.China’s industry has long faced the pressure of reconciling economic development and CO2 emission reduction,and practice shows that carbon emissions trading policy can provide an effective solution for this purpose and effectively improve environmental quality in pilot provinces and cities.With the further development and improvement of China’s carbon emissions trading policy,a national carbon emissions trading market has been initially established,and the effect of environmental regulation has been highlighted.Based on this background,this thesis studies the impact of carbon emissions trading policy on industrial carbon productivity and the analysis of the mechanism,with a view to improving the ecological and environmental quality of China and realizing green and high-quality economic development.The purpose of this study is to discuss the relationship between carbon emissions trading policies and industrial carbon productivity,therefore,based on the definition of the concept and the analysis of the current situation,the study is conducted in two aspects: the measurement of industrial carbon productivity level,the relationship between carbon emissions trading policies and industrial carbon productivity,and the path of action.The research contents and conclusions of this thesis are as follows:This thesis first uses the data provided by the China Statistical Yearbook to measure the level of industrial carbon productivity at the provincial level in China using the ratio method from both economic and environmental dimensions,and analyzes the current development status and evolution trend of industrial carbon productivity in China.Secondly,this thesis uses panel data of 29 provinces and cities from 2008-2019 to construct a double difference model with time and individual double fixed effects to examine the impact of carbon emissions trading policies on industrial carbon productivity and the mediating effects arising from technological innovation and energy consumption structure,as well as to analyze the heterogeneity of the impact of carbon emissions trading policies on industrial carbon productivity between regions.The results of the study found that:(1)There are temporal and spatial differences in the level of industrial carbon productivity in China,with the highest level in the eastern region,followed by the central region and the lowest in the western region.(2)Carbon emissions trading policies can significantly increase industrial carbon productivity levels in all provinces and cities.(3)The impact of carbon emissions trading policy on industrial carbon productivity shows regional heterogeneity,and the effect of carbon emissions trading policy on improving industrial carbon productivity is significantly higher in central and western regions than in eastern regions.(4)Carbon emissions trading policy can improve industrial carbon productivity through technological innovation and optimization of energy consumption structure.Based on the above findings,this thesis proposes four policy recommendations:(1)gradually promote pilot provinces and cities to form a demonstration effect and improve the national carbon trading market.(2)Implement differentiated strategies according to local conditions to improve the level of industrial carbon productivity.(3)Accelerate the pace of technological innovation and change structural emission reduction to technological emission reduction.(4)Strengthen top-level design and optimize the carbon trading market environment.