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Since General Secretary Xi Jinping pledged the "30·60" targets to the world, the importance of pollution reduction and carbon reduction has become increasingly prominent. The previous focus on the pollution reduction effects of emission trading systems, while overlooking their carbon reduction impacts, as well as the limitations of research methods and scope, is no longer suitable for the needs of the new era. Therefore, this paper constructs a CGE model to study the synergistic effects, simulating the synergistic emission reduction effects of sulfur dioxide emission trading policies, and comes to the following conclusions: After the implementation of the sulfur dioxide emission trading mechanism, under different sulfur price scenarios, the synergistic reduction amounts of SO 2 and CO 2 vary greatly. As the sulfur price increases, the reduction amount becomes larger. In the five sulfur price scenarios set in this paper, the maximum reduction of SO 2 can reach about 111,400 tons, and the maximum for CO 2 is about 399 million tons. The CO 2 reduction rate is approximately 1.0767 times that of SO 2. This indicates that the sulfur dioxide emission trading policy is a very effective path for synergistic pollution and carbon reduction, with good reduction effects. In addition, sulfur dioxide emission trading will reduce the consumption of fossil energy, decrease industry output, raise product prices, cause GDP loss, and lead to reduced social welfare to varying degrees. [ABSTRACT FROM AUTHOR]

The OECD community consumes excessive amounts of raw materials and materials, which leads to pollution and increases the material footprint. The material footprint is directly linked to the Sustainable Development Goals (SDGs)-8 and 12. The main reason for the material footprint is the usage of fossil fuels, and the dependence of OECD countries on fossil fuels continues to this day. By expanding renewable energy utilization due to rising energy security risk, a community can take steps to improve ecological quality and reduce its material footprint. In this context, the paper focuses to examine the impact of energy security, green innovation, economic policy stringency and income on the fossil fuel material footprint for 24 OECD countries over the period 1995–2018. To this end, the paper uses the Augmented Mean Group (AMG) method and novel Half Panel Jackknife (HPJ) causality and estimation approach. The study adds value to existing knowledge by empirically testing the determinants of fossil fuel material footprint for OECD countries for the first time using the novel HPJ approach. The results of the AMG show that increasing energy security risk index reduces the material footprint, while green innovation and economic policy stringency have no impact on environmental degradation. The environmental Kuznets curve (EKC) in the form of an inverted U and an inverted N are valid for OECD countries. The HPJ approach also illustrates that there is a causality from green innovation and energy security risk to material footprint, and innovation and risk are support footprint reduction. Based on these results, the study recommends that OECD policymakers pay attention to ensuring energy security to reduce the material footprint by expanding renewable resources and allocate more economic resources to green innovations with higher returns, considering the validity of the EKC. [Display omitted] • Applies second-generation panel data methods. • Investigates the fossil fuel material footprint for 24 OECD countries. • The EKC hypothesis holds for the fossil fuel material footprint of OECD countries. • Green innovation and energy security risk reduce fossil fuel material footprint. • Increasing risks and technological development contribute to SDGs 8 and 12. [ABSTRACT FROM AUTHOR]

This study aims to elucidate the profound implications of industrial transformation and upgrading in mitigating dependence on fossil fuels, which holds paramount significance in shaping energy transition strategies—an aspect that is currently missing in existing studies. Leveraging data spanning from 2000 to 2020, encompassing fossil energy consumption and economic development, this paper developed a second-order classification model as a new measure of energy elasticity. Comparing regional variations in fossil energy resilience, an in-depth analysis was conducted on four representative provinces to understand the evolution of their fossil energy consumption structures over time. Correlation analysis was employed to reveal the impact of industrial structures on the reduction of fossil energy dependence. The results indicate distinct spatial variations in the energy transition effect, with the southwest inland region retaining a pronounced reliance on fossil energy sources. However, approximately 80% of the provinces have made substantial progress in reducing fossil energy dependence from 2000 to 2020. Notably, the financial sector and the accommodation and catering industry contribute positively to mitigating fossil energy dependence, while the industrial sector exhibits the opposite effect. Urban agglomeration planning attributes the uneven regional energy transition to the delineation of urban industrial functions. Suggestions for narrowing the energy transition gap include measuring the sustainability of the industrial chain from a life-cycle perspective, avoiding the singular functional division of cities, and developing systematic policies. In the catering industry, adopting alternative cooking energy and implementing the conversion and recycling of catering waste can help prevent risks. This study underscores the positive role of the accommodation and catering industry in the energy transition, along with its potential risks. The study also makes efforts toward advancing the application of the widely used energy elasticity assessment method. [Display omitted] • A second-order classification model is developed as a widely used energy elasticity assessment method. • 80% of China's provinces have successfully reduced their reliance on fossil fuels. • The financial sector and the accommodation and catering sector play pivotal roles in diminishing reliance on fossil fuels. • In the forthcoming years, the catering industry has the potential to engender a reliance on fossil fuels. [ABSTRACT FROM AUTHOR]

This research investigates the relationship between greenhouse gas (GHG) emissions and energy production and consumption patterns in 122 countries over the period from 1990 to 2020. Particular attention is paid to the role of different types of energy, including renewable, hydro and nuclear energy, as well as oil, gas and coal, in shaping GHG emissions. Unlike previous studies, the paper analyzes the full range of energy resources and focuses on different quantiles of data using the quantile-quantile regression (QQR) method. The results of this approach are compared with traditional quantile regression (QR) to assess its validity. Among the findings of this study are: (1) different parts of the energy mix have a heterogeneous impact on GHG emissions in different quantiles; (2) energy consumption patterns play a more significant role in shaping GHG emissions than production patterns; (3) increasing production and consumption of fossil fuels does not necessarily increase GHG emissions; (4) similarly, the development of renewable energy sources is not always accompanied by a reduction in GHG emissions. Our general conclusion is that existing climate policy requires significant diversification to not be focused only on renewable energy, which impact on GHG emissions is not as homogeneous as it usually considered, and which cannot solve the problem of raising emissions solely. Instead of this, it could be more rational to focus on the searching the ways of hydrocarbon industries sustainable development and support them in this journey, especially in the field of Scope 2 and Scope 3 operations management. • Impact of energy consumption and production on GHG emissions were analyzed for 122 countries in 1990–2020. • Quantile and Quantile-on-Quantile regression were used to catch the specifics of energy consumption and production patterns. • Two temporal breakpoints (1999/2000 and 2009/2010) were introduced to catch shifts in variables dependencies. • The influence of fossil fuels on GHG emissions is not homogeneous as it usually considered, the same is fare for renewables. • A promising option to reduce GHG emissions is carbon capture, utilization and storage (CCUS). [ABSTRACT FROM AUTHOR]