SHS Web Conf.
Volume 163, 20232023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
|Number of page(s)
|Corporate Decision Making and Brand Operations Sales
|28 April 2023
Researches on the Effect of Environmental Policy on Abatement Technology Adoption
State Grid Energy Research Institute Co., Ltd, Beijing, China
To cope with global climate change, a growing number of countries have formulated carbon neutrality schedules. In this context, it is increasingly important for governments to design and implement the policy package to achieve this goal. This paper studies on the economic incentives of environmental policy on firms’ investment in the adoption of new abatement technologies, providing policymakers with more understandings and facilitating the improvement in policy development. The main findings are as follows. First, the economic incentive of environmental policy on abatement technology adoption is ambiguous and it changes with different realistic conditions. Second, the behavior of firms’ investment decisions for different types of abatement technologies under the same environmental policy is distinct. Third, the level of privatization has a positive incentive effect on the level of the abatement technology under taxes regulation. Finally, some key research questions for the future are provided.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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