When environmental regulations are unpopular, policymakers often attribute resistance to information frictions and poor communication. We test this idea in the context of a major climate policy: Germany’s Heating Law of 2023, which mandates the phase-out of fossil fuel heating. Through a...

Exploring the coupling and coordinated development of formal and informal environmental regulation, as well as their impact on the upgrading of the industrial structure of urban agglomerations, represents a new breakthrough. The comprehensive index of formal environmental regulation, informal...

We look at divestments by foreign firms – a topic that has received comparatively little attention in the literature – and investigate how changes in the regulatory environment in the host country may impact on such divestment decisions. We use the implementation of China’s Two Control...

We look at divestments by foreign firms - a topic that has received comparatively little attention in the literature - and investigate how changes in the regulatory environment in the host country may impact on such divestment decisions. We use the implementation of China's Two Control Zone...

We look at divestments by foreign firms - a topic that has received comparatively little attention in the literature - and investigate how changes in the regulatory environment in the host country may impact on such divestment decisions. We use the implementation of China's Two Control Zone...

Since the reform and opening-up, China has developed into the world's number one manufacturing country. Meanwhile, China's environmental protection efforts continue to strengthen. So, will changes in the intensity of environmental regulatory policies have an impact on the technological...

This volume addresses the ninth Sustainable Development Goal. It focuses particularly on the challenges and complexities of industrial development after the COVID-19 crisis. Issues covered by the volume include, among others, social and cultural aspects of technology transfer and global...

When environmental regulations are unpopular, policymakers often attribute resistance to information frictions and poor communication. We test this idea in the context of a major climate policy: Germany's Heating Law of 2023, which mandates the phase-out of fossil fuel heating. Through a survey...

This paper analyzes compliance with emission regulations, focusing on investment in innovation and cheating as primary strategies. Firms prioritize developing a truly compliant technology but may activate a cheating device depending on the outcome of innovation, the monitoring system in place,...

This paper documents the evolution of US carbon emissions and discusses the main factors that contributed to the historical carbon emissions rollercoaster. We divide the discussion into four periods – up to 1920, 1920-1960, 1960-2005 and after 2005. For each period, we discuss the main drivers...

The empirical evidence for the so-called pollution haven hypothesis, which predicts that inter-country differences in environmental policy stringency will cause pollution-intensive production to relocate to countries with lax environmental standards, has traditionally been weak. However, in...

This paper documents the evolution of US carbon emissions and discusses the main factors that contributed to the historical carbon emissions rollercoaster. We divide the discussion into four periods - up to 1920, 1920-1960, 1960-2005 and after 2005. For each period, we discuss the main drivers...

The steel industry is a major contributor to global greenhouse gas (GHG) emissions, accounting for approximately 7% of worldwide emissions. As steelmakers in the EU invest heavily in decarbonisation, the success of these efforts hinges on the market's ability to differentiate and reward...

The accelerated industrial growth and economic expansion of Southeast Asian economies have intensified the concern related environmental issues and natural resource depletion. Amid these circumstances, the study finds an opportunity to investigate the key enabling factors that enhance natural...

Integration and synergy of environmental policies is crucial for maximizing carbon reduction effects. This study investigates the heterogeneous impact of environmental policy synergy on carbon neutrality using panel data from 30 Chinese provinces between 2003 and 2022 and employing generalized...

This paper analyzes compliance with emission regulations, focusing on investment in innovation and cheating as primary strategies. Firms prioritize developing a truly compliant technology but may activate a cheating device depending on the outcome of innovation, the monitoring system in place,...

The advancement of renewable energy an essential stage toward achieving a low-carbon energy transition, with finance sector playing a significant role in this process. This study analyzes the impact of financial development on renewable energy technology innovation across 30 Chinese provinces...

Environmental regulations have been extensively studied in the context of advocating green development. As one of the most stringent laws in history, the new Environmental Protection Law (EPL) of 2015 has greatly affected the production and development of enterprises. In this context, and in the...

This study investigates the role of green energy, financial development, and environmental regulations in addressing pollution havens within high-income emerging economies. While these nations benefit from rapid industrialization, they simultaneously face significant environmental challenges due...

In this paper, we compare the economic and welfare implications of two carbon pricing policies, namely the European Cap and Trade (CaT) regime and the Chinese Tradeable Performance Standard (TPS). The former sets an economy-wide emissions target and forces firms to purchase sufficient...

Governments across the globe are implementing stricter environmental policies to combat climate change and promote sustainability. This study contributes to the growing literature exploring the influence of environmental policy on skill-biased employment across various occupations. Specifically,...

This study examines the causal and dynamic effects of carbon information disclosure on firm value, using a policy-driven setting in China's carbon-intensive industries. In 2018, the Ministry of Ecology and Environment implemented a regulatory policy requiring internal carbon accounting and...

To study the behavioral strategies of government agencies and the coal power industry chain under environmental regulation, an evolutionary game model has been constructed. Furthermore, a reinforcement learning model has been developed using the payoff matrix. By analyzing the characteristics of...

Environmental regulations have been extensively studied in the context of advocating green development. As one of the most stringent laws in history, the new Environmental Protection Law (EPL) of 2015 has greatly affected the production and development of enterprises. In this context, and in the...

Integration and synergy of environmental policies is crucial for maximizing carbon reduction effects. This study investigates the heterogeneous impact of environmental policy synergy on carbon neutrality using panel data from 30 Chinese provinces between 2003 and 2022 and employing generalized...