Abstract：
This study investigates the impact of renewable and non-renewable energy sources on carbon emissions in the context of China\'s 14th Five-Year Plan (2021-2025). The plan emphasises a \"Dual-control\" strategy of simultaneously setting energy consumption limits and reducing energy intensity for GDP (gross domestic product) in order to meet the targets of the five-year plan. Using a comprehensive dataset of Chinese energy and macroeconomic information spanning from 1990 to 2022, we conduct a Granger causality analysis to explore the relationship between energy sources and the level of air pollution. Our findings reveal a unidirectional link, wherein renewable energy contributes to a reduction in air pollution, while non-renewable energy sources lead to an increase. Despite the government\'s investment in renewable energy, our results show that China\'s economy remains heavily reliant on traditional energy sources (e.g., fossil fuels). This research is the first systematic examination of the interplay between energy usage and carbon emissions in the Chinese context. Our findings provide valuable insights for policy and market strategies aimed at promoting carbon neutrality and driving technological advancements in both government and industries.
摘要：
本研究调查了中国十四五规划(2021-2025年)背景下可再生能源和不可再生能源对碳排放的影响。该计划强调“双重控制”战略，即同时设定能源消耗限制和降低GDP（国内生产总值）的能源强度，以实现五年计划的目标。使用1990年至2022年中国能源和宏观经济信息的综合数据集，我们进行了Granger因果关系分析，以探讨能源与空气污染水平之间的关系。我们的发现揭示了一种单向联系，其中可再生能源有助于减少空气污染，而不可再生能源导致增加。尽管政府对可再生能源的投资,我们的结果表明，中国经济仍然严重依赖传统能源(例如，化石燃料)。这项研究是对中国背景下能源使用与碳排放之间相互作用的首次系统研究。我们的研究结果为旨在促进碳中和和推动政府和行业技术进步的政策和市场战略提供了宝贵的见解。
