Green Technology and Its Impact on Carbon Emission Reduction

The study, which was recently published in the esteemed journal Scientific Reports, thoroughly delves into the implications of progress in green technology on carbon emissions and examines the conditions necessary for achieving carbon peak and carbon reduction. Through both theoretical and empirical analyses, the study sheds light on the intricate relationship between green technological progress and carbon emissions, presenting invaluable insights for policymakers and researchers alike.

The study’s findings reveal that progress in green technology leads to an increase in the rate of growth of carbon emissions through the scale effect, but also prompts a decrease in this growth rate through the technological effect. Ultimately, this results in a reduction of the growth rate of carbon emissions, with the combined effect driving an overall decrease in carbon emissions. The study also underscores the constructive moderating effect of the share of energy inputs on the scale effect, emphasizing the critical importance of energy conservation and emission reduction by enterprises.

Moreover, the study provides empirical evidence on the growth rate of carbon emissions in China, demonstrating a declining trend in the growth rate of carbon emissions since 2004. This trend exhibits a negative correlation with the progress of green technology, indicating that as green technology advances, the growth rate of carbon emissions diminishes.

In addition to the empirical findings, the study also presents theoretical modelling to analyse the impact of progress in green technology on carbon emissions. This modelling incorporates a three-sector production model encompassing capital, labour, and energy, providing a comprehensive framework for understanding the mechanisms behind the impact of green technology on carbon emissions.

The research holds significant theoretical and practical implications, offering fresh insights into the role of green technology in achieving carbon peak and carbon neutrality. Furthermore, it provides valuable policy recommendations, suggesting that the government should increase support for green technology and reduce administrative intervention in market behaviour to promote the development of green technology.

Overall, the study contributes to the expanding body of research on green technology and its impact on carbon emissions, laying a solid foundation for future studies in the field. The thorough theoretical modelling and robust empirical analysis render this study a valuable addition to the scientific literature on environmental economics and the innovation of green technology.