Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reve...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-06-01
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| Series: | Sustainable Futures |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188825000255 |
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| author | Shuai Wang Jing Wang Jiarong Cheng |
| author_facet | Shuai Wang Jing Wang Jiarong Cheng |
| author_sort | Shuai Wang |
| collection | DOAJ |
| description | This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reveals that while the policy may lead to higher carbon intensity due to transportation industry structural upgrading and reduce carbon intensity by promoting green technology innovation. This study also finds that the heterogeneous characteristics of urban economic development, population density, and technological foundation influence the impact of PANEVs on carbon intensity. Additionally, the spatial spillover effects of PANEVs further lower carbon intensity in neighboring cities, promoting regional green integration. The results of this study provide valuable insights for policymakers involved in new energy vehicle-related initiatives. |
| format | Article |
| id | doaj-art-6fdfd72a9e2c41c79a645e72788371c9 |
| institution | OA Journals |
| issn | 2666-1888 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj-art-6fdfd72a9e2c41c79a645e72788371c92025-08-20T02:06:43ZengElsevierSustainable Futures2666-18882025-06-01910045510.1016/j.sftr.2025.100455Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysisShuai Wang0Jing Wang1Jiarong Cheng2The School of Economics, Lanzhou University of Finance and Economics, Lanzhou 730101, Gansu, ChinaInvestment Banking Department, HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED, Hong Kong 999077, ChinaFixed Income Financing Headquarters, Shenwan Hongyuan Securities Co.,Ltd. Beijing 100030, China; Corresponding author.This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reveals that while the policy may lead to higher carbon intensity due to transportation industry structural upgrading and reduce carbon intensity by promoting green technology innovation. This study also finds that the heterogeneous characteristics of urban economic development, population density, and technological foundation influence the impact of PANEVs on carbon intensity. Additionally, the spatial spillover effects of PANEVs further lower carbon intensity in neighboring cities, promoting regional green integration. The results of this study provide valuable insights for policymakers involved in new energy vehicle-related initiatives.http://www.sciencedirect.com/science/article/pii/S2666188825000255L62Q20Q54 |
| spellingShingle | Shuai Wang Jing Wang Jiarong Cheng Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis Sustainable Futures L62 Q20 Q54 |
| title | Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis |
| title_full | Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis |
| title_fullStr | Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis |
| title_full_unstemmed | Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis |
| title_short | Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis |
| title_sort | does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity a quasi natural experiment analysis |
| topic | L62 Q20 Q54 |
| url | http://www.sciencedirect.com/science/article/pii/S2666188825000255 |
| work_keys_str_mv | AT shuaiwang doesthepromotionandapplicationofnewenergyvehiclescontributetothereductionofcarbonintensityaquasinaturalexperimentanalysis AT jingwang doesthepromotionandapplicationofnewenergyvehiclescontributetothereductionofcarbonintensityaquasinaturalexperimentanalysis AT jiarongcheng doesthepromotionandapplicationofnewenergyvehiclescontributetothereductionofcarbonintensityaquasinaturalexperimentanalysis |