【论文信息】

Chen W, Wu Q Q*(通讯作者). How can carbon market efficiency drive renewable energy technology innovation?[J]. Environment, Development and Sustainability(SCI JCR二区、中科院SCI三区期刊), 2025, 27(5): 1-25. https://doi.org/10.1007/s10668-025-06352-8

【作者信息】

第一作者：陈伟，教授、博士生导师，研究方向：供应链管理、技术创新管理

通讯作者：吴奇其，陈伟教授指导的博士研究生，研究方向：绿色技术创新

【基金支持】

国家社科基金项目(批准号：23BGL063)：数字经济时代国家创新体系的整体效能测度与优化策略研究。

【论文摘要】

The carbon emissions trading market (ETS) is a market mechanism to realize the goals of “carbon peak” and “carbon neutrality”, and the improvement of the ETS efficiency (CME) is not only conducive to the smooth implementation of the national low-carbon emission reduction policy, but also helps to promote the development of the low-carbon industrial sector. This paper examines the role of CME in driving renewable energy technology innovation (REP) using panel data from China’s ETS pilots (2013–2023). The study employs the super-efficient SBM model to measure CME and the fixed effect model to assess its impact on REP. Results show that CME effectively promotes REP. Additionally, number of emission control enterprises (IECE) involved in emission control moderates this effect positively. Regional analysis reveals that the impact is significant in northern and southern China but not in the central region. The paper concludes with recommendations to enhance CME and promote REP, offering guidance for the development and implementation of ETS policies.