当前位置: X-MOL 学术Chem. Technol. Fuels Oils › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
Renewable Energy Technology Innovation Effect on the Economics Growth
Chemistry and Technology of Fuels and Oils ( IF 0.6 ) Pub Date : 2024-02-06 , DOI: 10.1007/s10553-024-01644-7
Zhuo Luo , Cheng Wang , Qisheng Tang , Wei Tian

With rapid economic expansion, China is faced with environmental challenges like air pollution and greenhouse gas emissions. Shifting from conventional fossil fuels to renewable energy (REN) sources is critical to facilitate sustainable development in China. Compared to coal and oil, REN such as solar and wind energy emit less carbon emissions. Fostering innovation of REN technologies is thus essential for China's green transition. This study aims to analyze the impact of REN technology innovation on China's economic growth using panel data models. The results demonstrate that advancing REN technologies significantly promotes GDP increase in China. Targeted policy incentives must be implemented to accelerate REN technology progression and adoption across the country. Transitioning towards REN systems will be instrumental for China to achieve environmental sustainability while maintaining economic growth.

更新日期:2024-02-08
down
wechat
bug