ABSTRACT
Corporate energy transition is crucial for long-term sustainable development. The widely discussed Artificial Intelligence (AI), as a disruptive technological innovation, is highly potential for enhancing environment performance. However, the specific impact of AI on the process of corporate energy transition and its underlying mechanisms have not been fully explored. This study focuses on A-share listed corporates in Shanghai and Shenzhen stock markets in China spanning from 2011 to 2021. Based on corporate annual report information and information from over 200,000 patent application texts, we innovatively construct indicators for corporate energy transition and AI technology application. Furthermore, we empirically investigate the impact of AI technology on corporate energy transition and its potential mechanisms through combining information asymmetry theory and institutional theory. The empirical results indicate that: 1) AI can drive corporate energy transition and the promoting effect of AI collaborative innovation on corporate energy transition should not be ignored. 2) AI can help corporates achieve energy transition through pathways such as mitigating information asymmetry, reducing financing constraints, adjusting sustainable development concepts and practices. 3) The driving effect of AI on corporate energy transition varies depending on the characteristics of different types of corporates, industries, and regions. This study provides strategic guidance and decision support for business managers and policymakers, assisting both corporates and governments in better utilizing AI technology during the social energy transition process to achieve a dual optimization of environmental and economic goals.
Subject(s)
Artificial Intelligence , Organizations , China , Government , CommerceABSTRACT
Artificial intelligence (AI) technology represents a disruptive innovation that has garnered significant interest among researchers for its potential applications in ecological and environmental management. While many studies have investigated the impact of AI on carbon emissions, relatively few have delved into its relationship with air pollution. This study sets out to explore the causal mechanisms and constraints linking AI technologies and air pollution, using provincial panel data collected from 2007 to 2020 in China. Furthermore, this study examines the distinct pathways through which AI technology can ameliorate air pollution and reduce carbon emissions. The findings reveal the following key insights: (1) AI technologies have the capacity to significantly reduce air pollution, particularly in terms of PM2.5 and SO2 levels. (2) AI technologies contribute to enhanced air quality by facilitating adjustments in energy structures, improving energy efficiency, and strengthening digital infrastructure. Nonetheless, it is important to note that adjusting the energy structure remains the most practical approach for reducing carbon emissions. (3) The efficacy of AI in controlling air pollution is influenced by geographical location, economic development level, level of information technology development, resource dependence, and public attention. In conclusion, this study proposes novel policy recommendations to offer fresh perspectives to countries interested in leveraging AI for the advancement of ecological and environmental governance.
Subject(s)
Air Pollutants , Air Pollution , Air Pollutants/analysis , Carbon , Artificial Intelligence , Conservation of Natural Resources , Shoes , Environmental Policy , Air Pollution/prevention & control , Air Pollution/analysis , China , Technology , Economic DevelopmentABSTRACT
China's rapid economic development in recent decades has come at a considerable environmental cost. This paper explores whether atmospheric quality monitoring policy (AQMP) improves eco-efficiency by using AQMP as a natural experimental group. We assessed the eco-efficiency of 285 cities in China from 2009 to 2019 using the super-efficient SBM model and estimated the impact of AQMP using the propensity score method Difference-in-Difference (PSM-DID) model. The key findings of this paper are as follows: First, AQMP can enhance eco-efficiency, promoting sustainable urban development. Second, governmental and non-governmental organizations play contrasting roles in either fostering or reversing the positive effects of AQMP. Factors like innovation, clean energy adoption, and industrial structure have a positive mediating influence. Finally, the impact of AQMP on eco-efficiency varies across cities, displaying heterogeneity. Specifically, AQMP has a positive effect on eco-efficiency in resource-rich cities, small and medium-sized urban centers, smart cities, and coastal areas. These findings carry significant implications for the establishment of dynamic monitoring networks and the advancement of eco-efficiency in emerging countries, including China.
Subject(s)
Efficiency , Sustainable Development , Cities , Industry , China , Economic DevelopmentABSTRACT
This paper investigated the spatial effects of two types of technological progress, namely renewable energy technology patents (RET patents) and energy conservation and emission reduction technology patents (ECERT patents), on carbon intensity of 30 provinces in China. Based on the 2005-2017 provincial panel dataset of China, this paper used the spatial Durbin model to analyze the spatial dependence and the spillover effects of surrounding provinces. The results first proved the existence of the spatial correlation in the carbon intensity across different provinces in China. Second, we found that the energy conservation and emission reduction technological progress can effectively reduce the province's own carbon intensity; however, this role is not significantly reflected by the progress in renewable energy technologies. Nonetheless, both types of technological progress have negative indirect and total effects on carbon intensity, thereby indicating that, geographically, they have technology diffusion effects. At the same time, the results demonstrated that technology patents play a negative role in carbon intensity. Third, by taking the interaction item between energy consumption and renewable energy technology patents into consideration, it was observed that the progress in renewable energy technologies can reduce the carbon intensity, owing to its role in optimizing the energy consumption structure of the province, but increase the carbon intensity of the surrounding provinces. Finally, based on the abovementioned findings, this paper put forward corresponding policy proposals.