Research On The Impact Of Carbon Emissions Trading Policy On Enterprise Green Technology Innovation Under Supply Chain Integration

With the expansion of human activities and the intensification of environmental pollution,the problem of climate crisis needs to be solved urgently.In recent years,carbon emissions trading policy has gradually become one of the important points for China to participate in global environmental governance,promote enterprises to carry out green technology innovation and drive green economic transformation.Under the constraints of limited resources and environmental emission responsibility,some enterprises have moved towards the road of green technology innovation to seek sustainable development.However,there are so many difficulties on the road of green technology innovation alone.Only through cooperative innovation and supply chain integration can they effectively share costs and risks and improve the performance of green technology innovation.Based on carbon peaking and neutrality goals,considering supply chain integration,the effect of carbon emissions trading policy on enterprise green technology innovation is worthy of in-depth study.This thesis selects the data of listed enterprises from 2011 to 2020 as the sample,uses difference in difference in difference model(DDD model)and intermediary effect model to study the policy impact of carbon emissions trading policy on green technology innovation of Chinese listed enterprises,discusses the intermediary role of supply chain integration,and analyzes enterprise heterogeneity.The results show that the implementation of carbon emissions trading policy can significantly promote enterprise green technology innovation.Supply chain integration plays an intermediary role in it.In terms of heterogeneity,it discusses the heterogeneity of enterprise ownership,enterprise profitability and enterprise debt.The research shows that the green technology innovation promotion effect of state-owned enterprises,high profitability enterprises and high debt enterprises is remarkable.The research of this thesis enriches the field of environmental regulation,especially the research on carbon emissions trading policy and enterprise green technology innovation,and provides suggestions and references for promoting the environmental governance benefits of carbon trading policy and the development of enterprise green technology innovation.At the same time,it provides suggestions for enterprises to promote green technology innovation from the perspective of supply chain management and heterogeneous resources.