Research On The Impact Of Environmental Tax On Carbon Emissions Under The Goals Of Carbon Peaking And Carbon Neutrality

All nations are paying close attention to carbon dioxide emissions due to the growing issue of "global warming." A challenging challenge for quality development worldwide is lowering carbon emissions and creating a low-carbon economy.In regards to carbon emissions,President Xi Jinping declared the "double carbon" aim of "striving to peak carbon dioxide emissions by 2030 and attaining carbon neutrality by 2060" during his speech during the main discussion of the 75 th session of the United Nations General Assembly.This clearly shows China’s persistent commitment to combating climate change and pursuing a green and low-carbon growth path.In addition,the 20 th Party Congress made it abundantly clear that in order to hasten the green transformation of development,we must strengthen the financial and taxation system to support green development and encourage the development of low-carbon,environmentally friendly production techniques and lifestyles.The statement that environmental tax policy is a crucial tool for creating a low-carbon economy is strengthened by this directional counsel.This paper proposes the impact paths under different effects based on various economic theories and constructs benchmark and spatial models to test them,in order to better utilize this policy tool and comprehend the mechanism of an environmental tax’s impact on carbon emission reduction.This is important for furthering environmental protection because it allows for a deeper understanding of the actual policy effect of an environmental tax on carbon emission under regional heterogeneity and regulation effects.To support the achievement of the "double carbon" target,it is critical to further enhance the environmental tax policy and effectively utilize taxing mechanisms.First,this paper summarizes the dual effects of environmental taxes on carbon emissions,delves deeper into these effects,and then suggests a course of action for the regulation and spatial effects;Second,to clarify the evolution of environmental taxes and carbon emissions in recent years,this paper elaborates on the development changes and index selection of environmental taxes;Third,in order to investigate the spatial effects of environmental tax and the regulatory effects of environmental decentralization,three different econometric model types(static model,dynamic model,and quantile model)are once more developed for benchmark regression analysis.In addition,the three major economic regions of East,Central,and West are divided in the empirical analysis to examine the differential effects of environmental taxes on carbon emissions under regional heterogeneity;Finally,based on the theoretical analysis and empirical findings of this paper,corresponding policy recommendations are proposed for the environmental tax system itself and the improvement path of environmental taxes affecting carbon emissions.The study’s findings are as follows:(1)Because of China’s carbon emissions’ clear consistency and stickiness over time,the dynamic model is better suited for pertinent research.(2)Both environmental taxes and carbon emissions have a significant positive spatial correlation,and the spatial dependence between regions is not negligible.(3)Environmental taxes have a minimally negative impact on regional carbon emissions,whereas the spatial influence has a significant "green paradox" impact.(4)The impact of an environmental tax on carbon emission is mainly a short-term effect,and the long-term effect does not distinguish between regions.(5)The policy effects of environmental tax under regional heterogeneity are different and need specific analysis.(6)China’s environmental decentralization system will weaken the carbon emission reduction effect of environmental taxes on local and neighboring regions,and the vertical management system of environmental protection agencies needs to be implemented and improved.