Search

The Chinese government's use of fiscal policy, which includes fiscal income and spending, is crucial in its fight against environmental pollution and climate change. Innovation‐driven has arisen as a new alternative to reconcile economic success with environmental conservation in light of tighter resource restrictions and the suggestion of the Chinese High‐quality Development policy. The paper uses an econometric model to examine the connection between institutional resource consumption efficiency and carbon neutrality, using a data set consisting of Chinese inter‐provincial panel data from 2007 to 2020 as a research sample; fiscal decentralization is also discussed as a potential moderating factor. Collaborative innovation positively boosts ecological efficiency and produces geographical spillovers, and the findings suggest so long as the economic distance is considered. When it comes to increasing ecological efficiency, collaborative innovation plays a more important role than financial decentralization alone. Among these is the improvement of carbon neutrality, which is best achieved via the joint promotion of ecological efficiency and industrial organizations. By reducing the intensity of the positive effect of innovative cooperation on ecological efficiency, the moderating effect suggests that fiscal decentralization is a critical factor in this relationship. Promoting China's ecological efficiency necessitates a fair distribution of local budgetary spending. China should also actively encourage the degree of synergy between institutional resource consumption efficiency and associated institutions to improve eco‐efficiency. [ABSTRACT FROM AUTHOR]

A late Kasimovian (Pennsylvanian) coral reef is reported in the Yanbanzhai (YBZ) area, southern Guizhou Province, South China. The YBZ coral reef, with a thickness of approximately 5.5 m and a lateral exposure of nearly 50 m, is primarily composed of the colonial rugose coral Fomichevella. The fusulinids collected from the reef indicates a late Kasimovian age. Five microfacies types have been identified, including coated bioclastic grainstone, coral (Fomichevella) framestone, bioclastic wackestone, bioclastic grainstone, and peloidal grainstone. The vertical evolution of the microfacies in the YBZ coral reef indicates major sedimentary environmental changes associated with relative sea‐level changes. The growth of the reef‐builder Fomichevella was controlled by the transgression and regression. Deep water promoted the upward expansion of Fomichevella, while shallow water inhibited its growth. Published records of atmospheric pCO2 estimation and sea‐surface temperatures, combined with geochemical proxies, confirm a warm climatic period during the late Kasimovian. This is an interglacial period conducive to the growth of the coral reef. Sea‐level and climate changes associated with the Late Palaeozoic ice age (LPIA) are interpreted as significant controls of the development of the YBZ coral reef. This research of the YBZ coral reef in South China provides practical palaeobiological evidence for global sea‐level rising during the late Kasimovian period caused by the high‐latitude Gondwana delaciation. [ABSTRACT FROM AUTHOR]