China's Environmental Regulations Boost Clean Energy, Reduce CO2 Emissions Long-Term.
Environmental regulations in China impact clean energy consumption and CO2 emissions asymmetrically. Positive changes in regulations lead to increased clean energy use and decreased CO2 emissions in the long run. However, negative changes in regulations do not significantly affect clean energy consumption or CO2 emissions over time. This suggests that revisiting environmental regulation policies in China could help improve environmental quality.