Environmental Regulations and Energy Efficiency: The Mediating Role of Climate Change and Technological Innovation

Abstract

Low-carbon energy transformation increases energy efficiency, and environmental regulation is necessary for carbon neutrality. Energy efficiency is widely accepted As a cost-effective method of reducing air pollution and improving the economic performance of manufacturing industries. In order to make their manufacturing sectors more energy-efficient, a large number of countries have implemented legislation. It is possible to tailor these interventions to a specific company or industry by using measures to control and direct interventions in the marketplace. These policies might be beneficial, but the experiential study of the impacts of these interferences on energy-saving technology acceptance has not been conclusive. Many environmental policy measures have an effect on the level of the asset in energy efficiency machinery. The years 2010–2019 are covered in this research, which compiles a database of Chinese industries from various sources. As a result, we have access to a wide range of factors and strategy devices that could influence the adoption of energy efficiency measures. Regulation, taxes, subsidies, and exemptions are among the instruments we will examine. These findings support the development of environmental regulations in China that will further improve energy efficiency and carbon neutrality.