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In confronting the challenge of climate change and progressing towards dual carbon goals, China is actively implementing low-carbon city pilot policy. This paper aims to focus on the potential impact of this policy on enterprise green governance, aiming to promote the reduction and balance of carbon emissions.

Based on the panel data of China's large-scale industrial enterprises from 2007 to 2013, this paper uses the Difference-in-differences (DID) method to study the impact and path mechanism of the implementation of low-carbon city pilot policy on enterprise green governance. Heterogeneity analysis is used to compare the effects of low-carbon city pilot policy in different regions, different enterprises and different industries.

The low-carbon pilot can indeed effectively enhance corporate green governance, a conclusion that still holds after a series of robustness tests. The low-carbon city pilot policy mainly enhances enterprise green governance through two paths: an industrial structure upgrade and enterprise energy consumption, and it improves green governance by reducing enterprise energy consumption through industrial structure upgrade. The impact of low-carbon city pilot policy on enterprise green governance shows significant differences across different regions, different enterprises and different industries.

This paper examines the impact of low-carbon city pilot policy on enterprise green governance. However, due to availability of data, there are still some limitations to be further tackled. The parallel trend test in this paper shows that the pilot policy has a significant positive effect on the green governance of enterprises. However, due to serious lack of data in some years, the authors only selected the enterprise data of a shorter period as our experimental data, which leads the results to still have certain deficiencies. For the verification of the impact mechanism, the conclusions obtained in this paper are relatively limited. Although all the mechanism tests are passed, the reliability of the results still needs to be further tested through future data samples. In addition, as the pilot policy of low-carbon cities is still in progress, the policy can be tracked and analysed in the future as more data are disclosed, and further research can be carried out through dimensional expansion.

Low-carbon city pilot policy plays an important role in inducing the green governance of enterprises. Therefore, policy makers can continue to strengthen the construction of low-carbon city pilots by refining pilot experience, building typical cases, actively promoting pilot policy experience, expanding pilot scope and enhancing the implementation efficiency of pilot policy nationwide, which will contribute to the optimization and upgrading of the regional industrial structure at the urban level and will provide experience and reference for the synergistic implementation plan of pollution reduction and carbon reduction.

The impact of the low-carbon city pilot policy on enterprise green governance not only exists in two separate paths of urban industrial upgrading and enterprise energy consumption but also exists in a chain transmission path from macro to micro. The authors find that the effect value of each influence path is different, and there is an obvious leading influence path for the role of enterprise green governance. Therefore, in the process of implementing a low-carbon city pilot policy, policies should be designed specifically for different mechanisms. Moreover, complementing and coordinating several paths should be advocated to give full play to the green governance effect of enterprises brought by different paths and to further expand the scope of industries and enterprises where policies play a role.

To the best of the authors’ knowledge, for the first time, this paper connects macro mechanisms with micro mechanisms, discovering a macro-to-micro transmission mechanism in the process of low-carbon city pilot policy affecting enterprise green governance. That is, the low-carbon city pilot policy can facilitate industrial structure upgrading, resulting in reduced enterprise energy consumption, ultimately enhancing enterprise green governance.

The rationality of the selection and application of policy instruments in current policy schemes for promoting the development of low-carbon eco-cities in China is examined and, in view of existing problems, effective suggestions for scientifically and reasonably organizing and designing policy instruments are proposed, which is of great significance to optimize the policy system for the development of low-carbon eco-cities in China and thereby promote sustainable urban development.

In the study, using 117 policy documents focusing on the development of low-carbon eco-cities issued by the Chinese central government as well as the relevant ministries and commissions between 2010 and 2019 and comprehensively adopting bibliometric and content analysis methods, the contents of policy documents are quantitatively analyzed from three dimensions: policy instrument, policy area and policy target.

The study finds the following. Ecological environment and low-carbon development are the focus of policy attention. Policy-promulgating institutions have formed a core subnetwork, that is, an “iron triangle.” There exists a structural imbalance in the use of policy instruments, and the distribution of policy instruments in different policy areas exhibits significant differentiating characteristics. Driven by different policy targets, the proportion of the policy instrument types adopted by the government is constantly changing. According to these findings, suggestions are put forward to optimize China's low-carbon eco-city development policy.

(1) A three-dimensional policy analysis framework is conducted from the perspective of policy instrument, which is innovative in theory. (2) This paper finds the selective utilization rationality and evolution rule of China's low-carbon eco-city development policy instruments. (3) Recommendations on optimizing China's low-carbon eco-city development policies are discussed systematically, which plays a theoretical guiding role in optimizing the development policies of low-carbon eco-cities in China.

Legislation plays a vital role in solving carbon emissions reduction and climate change issues. China began to implement a low-carbon economic policy in 2010, but the effect of the policy needs to be evaluated. Accordingly, this paper aims to discuss China’s low-carbon policy through exploring the following two questions, namely, whether the policy effect reaches the expected goal and whether the policy effects will balance economic development and emission reduction. Then, the paper puts forward suggestions for the improvement of China’s low-carbon policy.

This paper is organized around three distinct aspects of policy effect evaluation. This paper uses the synthetic control method to construct a policy effect evaluation model and conducts a quasi-natural experiment. The paper selects annual panel data from 2003 to 2015, which is selected from 33 provinces. A comparative analysis of carbon dioxide emissions, energy consumption and economic development between Hubei Province and Liaoning Province.

The results reveal that the implementation of the low-carbon pilot province policy in 2010 has a significant impact on the emission reduction effect of Liaoning Province, but the impact on the emission reduction effect of Hubei Province is not significant. The carbon emission trading system implemented in 2012 has reduced the emission reductions in Hubei Province and Liaoning Province has achieved better emission reduction effects after the implementation of this policy. After the implementation of the policy, the economic development of Hubei Province has been improved, but it has not brought help to the economic development of Liaoning Province. These findings provide new insights into the use of an emissions trading system for improving economic development and ultimately facilitate the attainment of the broader goal of sustainability.

This paper proposes an innovative policy effect evaluation method by considering the status of unit gross domestic product, fixed asset investment in the energy industry, energy consumption, emission reduction technology innovation and other evaluation indicators. This paper contributes to broadening current methods of policy effect evaluation in China.

Global climate change is a serious threat to the survival and development of mankind. Reducing carbon emissions and achieving carbon neutrality are the keys to reducing greenhouse gas emissions and promoting sustainable human development. For many countries, taking China as an example, the electric power sector is the main contributor to the country’s carbon emissions, as well as a key sector for reducing carbon emissions and achieving carbon neutrality. The low-carbon transition of the power sector is of great significance to the long-term low-carbon development of the economy. Therefore, on the one hand, it is necessary to improve the energy supply structure on the supply side and increase the proportion of new energy in the total power supply. On the other hand, it is necessary to improve energy utilization efficiency on the demand side and control the total primary energy consumption by improving energy efficiency, which is the most direct and effective way to reduce emissions. Improving the utilization efficiency of electric energy and realizing the low-carbon transition of the electric power industry requires synergies between the government and the market. The purpose of this study is to investigate the individual and synergistic effects of China’s low-carbon policy and the opening of urban high-speed railways (HSRs) on the urban electricity consumption efficiency, measured as electricity consumption per unit of gross domestic product (GDP).

This study uses a panel of 289 Chinese prefecture-level cities from the years 1999–2019 as the sample and uses the time-varying difference-in-difference method to test the relationship between HSR, low-carbon pilot cities and urban electricity consumption efficiency. In addition, the instrumental variable method is adopted to make a robustness check.

Empirical results show that the low-carbon pilot policy and the HSR operation in cities would reduce the energy consumption per unit of GDP, and synergies occur in both HSR operated and low-carbon pilot cities.

This study has limitations that would provide possible starting points for future studies. The first limitation is the choice of the proxy variable of government and market factors. The second limitation is that the existing data is only about whether the high-speed rail is opened or not and whether it is a low-carbon pilot city, and there is no more informative data to combine the two aspects.

The findings of this study can inform policymakers and regulators about the effects of low-carbon pilot city policies. In addition, the government should consider market-level factors in addition to policy factors. Only by combining various influencing factors can the efficient use of energy be more effectively achieved so as to achieve the goal of carbon neutrality.

From the social perspective, the findings indicate that improving energy utilization is dependent on the joint efforts of the government and market.

The study provides quantitative evidence to assess the synergic effect between government and the market in the low-carbon transition of the electric power industry. Particularly, to the best of the authors’ knowledge, it is the first to comprehend the role of the city low-carbon pilot policy and the construction of HSR in improving electricity efficiency.

Under the carbon tax policy, the authors examine the operational decisions of the low-carbon supply chain with the triple bottom line.

This paper uses the Stackelberg game theory to obtain the optimal wholesale prices, retail prices, sales quantities and carbon emissions in different cases, and investigates the effect of the carbon tax policy.

This study’s main results are as follows: (1) the optimal retail price of the centralized supply chain is the lowest, while that of the decentralized supply chain where the manufacturer undertakes the carbon emission reduction (CER) responsibility and the corporate social responsibility (CSR) is the highest under certain conditions. (2) The sales quantity when the retailer undertakes the CER responsibility and the CSR is the largest. (3) The supply chain obtains the highest profits when the retailer undertakes the CER responsibility and the CSR. (4) The environmental performance impact decreases with the carbon tax.

The results of this study can provide decision-making suggestions for low-carbon supply chains. Besides, this paper provides implications for the government to promote the low-carbon market.

Most of the existing studies only consider economic responsibility and social responsibility or only consider economic responsibility and environmental responsibility. This paper is the first study that examines the operational decisions of low-carbon supply chains with the triple bottom line under the carbon tax policy.

This paper seeks to explore arguments for the importance of disruptive innovation to China's low‐carbon transition, while such innovation is generally overlooked and/or belittled.

The paper builds on the multi‐level perspective (MLP) of systems transitions being developed by interdisciplinary scholars regarding low‐carbon innovation to explore the multiple opportunities regarding disruptive innovation in the case of China.

This exploration details that at the levels of business strategy, national economic development and governance of a transition to ecological sustainability, there is a strong prima facie case that disruptive innovation offers singular opportunities in China regarding low‐carbon innovation, while a focus on hi‐tech innovation alone is unlikely to effect the radical systems transition needed.

Acknowledging and incorporating such opportunities is thus to be encouraged, both in China and elsewhere, including in the formulation of low‐carbon innovation policy. A concerted research programme for ongoing and iterative “second‐order” learning about concrete examples of disruptive low‐carbon innovation is advocated.

The increased opportunities for dispersed social involvement in a low‐carbon transition through disruptive innovation are discussed.

The paper offers a novel synthesis of diverse literatures to advocate a significantly different approach to low‐carbon innovation than is evidenced in current policy and policy discourse.

With the plethora of smart mobility innovations, their applications, and their pace of change, it is easy to get distracted by what these innovations can (potentially) do, rather than what we want or need them to do, if we are to meet our societal goals. The focus of this chapter is therefore on the extent to which smart mobility can help create policy change towards the goal of low carbon mobility. The concept of policy is broken down into its component parts, to outline the relationship between policy goals and policy instruments, and identifies the key tools underpinning policy instruments. In turn, the chapter situates policy instruments within an understanding of policy change and triggers for policy change, arguing there are two key ways in which transformative change can occur; exogenously and endogenously. The chapter argues that the onset of smart mobility does not suggest an exogenous shock to the current policy system, in which smart mobility disrupts the authority and beliefs inherent within the current policy approach to mobility. Smart mobility therefore in and of itself is unlikely to lead to a radical policy shift towards low carbon. However, in understanding smart mobility innovations as policy instruments, it is possible to envisage smart mobility incrementally changing policy towards low carbon mobility, if opportunities for reflexivity and learning are embedded within local policy contexts.

The promotion of new energy vehicles (EVs) is an effective way to achieve low carbon emission reduction. This paper aims to investigate the optimal pricing of automotive supply chain members in the context of dual policy implementation while considering consumers' low-carbon preferences.

This article takes manufacturers, retailers and consumers in a main three-level supply chain as the research object. Stackelberg game theory is used as the theoretical guidance. A game model in which the manufacturer is the leader and the retailer is the follower is established. The author also considered the impact of carbon tax policies, subsidy policies and consumer preferences on the results. Furthermore, the author investigates the optimal decision-making problem under the profit maximization model.

Through model solving, it is found that the pricing of EVs is positively correlated with the unit price of carbon and the amount of subsidies. The following conclusions can be obtained by numerical analysis of each parameter. Changes in carbon prices have a greater impact on conventional gasoline vehicles. Based on the numerical analysis of parameter β, it is also found that when the government subsidizes consumers, supply chain members will increase their prices to obtain partial subsidies. Compared with retailers, low-carbon preferences have a greater impact on manufacturers.

The new energy automobile industry involves many policies, including tax cuts, tax exemptions and subsidies. The policy environment faced by the members of a supply chain is complex and diverse. Therefore, the analysis in this article is based only on partial policies.

The authors innovatively combine the three factors of subsidy policy, carbon tax policy and consumer low-carbon preference, with research on the pricing of EVs. The influence of policy factors and consumer preferences on the pricing of EVs is studied.

Carbon reduction in the construction industry is related to the achievement of carbon emission peaks and carbon neutrality targets. Therefore, exploring the influence of current carbon reduction policies on the construction industry is necessary. China’s low-carbon pilot (LCP) policy has been extensively studied, while LCPs mechanism and effectiveness on carbon reduction in the construction industry remain to be explored.

This study selected four provincial LCP regions as case studies and adopted the grounded theory method for case studies to analyze the implementation mechanism of the LCP policy on carbon reduction in the construction industry. Then, this study adopted the propensity score matching and difference-in-differences regression (PSM-DID) approach to evaluate the influence of the LCP policy on carbon intensity (CI) in the construction industry by using panel data taken from 30 provinces in China between 2008 and 2017.

The authors found that (1) the LCP policy promotes carbon reduction in the construction industry through the crossing implementation mechanism of five vertical support approaches and five horizontal support approaches. (2). The LCP policy can significantly reduce CI in the construction industry.

The study not only explored how is the LCP policy implemented, but also examined the effectiveness of the LCP policy in the construction industry. The policy implications of this study can help policy-makers better achieve low-carbon development targets in the construction industry.

Constructing a low-carbon agriculture (LCA) park is considered an effective means to reduce greenhouse gas (GHG) emissions in developing countries. This study aims to explore the effectiveness of integrated low-carbon agricultural technologies based on evidence from a pilot LCA experiment in Shanghai, China, from 2008 to 2011.

Integrated low-carbon technologies in an agricultural park were adopted to reduce GHG emissions. Reduced emissions and net economic benefits were calculated by comparing emissions before and after the implementation of the experiment.

Results show that the low-carbon agricultural park experiment markedly reduced GHG emissions. This outcome can be attributed to the integrated technologies adopted in the experiment, including the reuse and recycle of resources, control of environmental pollution and GHG emissions and improvement of economic efficiency and social benefit. All the technologies adopted are already available and mature, thus indicating the great potential of LCA to reduce GHG emissions despite the lack of advanced technologies. However, supporting policies may be necessary to motivate private interests in LCA because of the considerable starting investments.

Previous macro-level and policy studies on LCA are based on knowledge from experimental studies, which typically specify environmental conditions to explore solely the effects of one low-carbon technology. Practically, integrating several low-carbon technologies in one experiment may be more effective, particularly for extensive agriculture, in developing countries. The effectiveness of integrated technologies is insufficiently discussed in the literature. Therefore, this study explores how effective integrated feasible LCA technologies can be in terms of both emission reduction and economic benefits based on the data obtained from an experiment in Shanghai, China.