How Does the Realization Path of “Dual Carbon” Affect the Performance of New Energy Enterprises: Mechanism and Empirical Test

DOI

10.2991/978-94-6463-527-0_5How to use a DOI?

Keywords

New Energy Enterprise Performance; Carbon Emissions; Carbon Emission Reductions; Government Subsidies

Abstract

As the key path to the “double carbon” goal, carbon emissions and carbon emission reductions bring opportunities and challenges to new energy companies. In order to provide scientific guidance for new energy companies to make decisions on carbon emissions and carbon reduction, the data of listed new energy companies from 2014 to 2020 was used to examine the impact and mechanism of carbon emissions and carbon reduction on their performance. The results show that reducing carbon emissions will reduce short-term performance of new energy companies and improve long-term performance. Improving carbon emission reductions can improve the short- and long-term performance of new energy companies. Mechanism analysis shows that government subsidies have an inhibitory effect on the relationship between carbon emission reduction and the short-term performance of new energy enterprises due to corporate rent-seeking activities. The research conclusions provide important inspiration for new energy companies to achieve a “win-win” economy and environment.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Xuedan Zhan
AU  - Feng Bao
AU  - Jing Zhang
AU  - Wen Xiang
AU  - Liu Yang
PY  - 2024
DA  - 2024/09/28
TI  - How Does the Realization Path of “Dual Carbon” Affect the Performance of New Energy Enterprises: Mechanism and Empirical Test
BT  - Proceedings of the SSEME workshop on Economics and Management (SSEME-EM 2024)
PB  - Atlantis Press
SP  - 40
EP  - 48
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-527-0_5
DO  - 10.2991/978-94-6463-527-0_5
ID  - Zhan2024
ER  -