HIGHLIGHTS
SUMMARY
China has attached great importance to the development of clean and low-carbon energy, but faces the dilemma of transitioning from high carbon emission to low carbon emission. Columns and_(2) in Table 7 represent the regression for enterprises in high-carbon industries, while columns and_(4) represent the regression enterprises in low-carbon industries. That is, the implementation of the CDUP reduces the efficiency of an enterprise`s carbon emissions, and the increase in regional carbon emissions will further strengthen this effect through the cumulative effect. This further confirms the "pollution shelter effect . . .
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