PMID- 34174685
OWN - NLM
STAT- MEDLINE
DCOM- 20210804
LR  - 20210804
IS  - 1095-8630 (Electronic)
IS  - 0301-4797 (Linking)
VI  - 295
DP  - 2021 Oct 1
TI  - Do environmental taxes reduce air pollution? Evidence from fossil-fuel power 
      plants in China.
PG  - 113112
LID - S0301-4797(21)01174-9 [pii]
LID - 10.1016/j.jenvman.2021.113112 [doi]
AB  - Taking environmental protection into consideration, China introduced the new 
      Environmental Protection Tax Law in 2018, which levies taxes for pollutants with 
      higher standards. The vast majority of existing studies have investigated the 
      impacts of environmental taxes (ETs) at the city level or province level. In 
      contrast, we estimate their effects on pollutant reductions for fossil-fuel power 
      plants in 30 provinces in China. Our results show that ETs have positive effects 
      on pollutant emission reductions compared with the pollution discharge fee 
      policy. We provide empirical evidence that sulfur dioxide (SO(2)), nitrogen oxide 
      (NOx), and dust from fossil fuel power plants significantly decreased by 2.186 
      (7.7%), 1.550 (6.84%), and 1.064 (16.1%) tons, respectively, after the 
      implementation of the policy. Moreover, there is an inverted U-shape relationship 
      between pollutant emission reductions and tax rates. We offer further evidence 
      that they play a limited role in high environmental regulation regions. Finally, 
      we compare how different types of firms responded to ETs. The results show that 
      ETs have limited effects on pollutant reductions for large state-owned coal power 
      plants, which may have achieved environmental transformation to a certain extent. 
      Therefore, policymakers could consider promoting tax rates in areas with low tax 
      rates and strengthening tax breaks to stimulate firms to achieve pollutant 
      reduction. In addition, local governments should set tax rates taking regional 
      environmental regulation levels and firm heterogeneity into account.
CI  - Copyright (c) 2021 Elsevier Ltd. All rights reserved.
FAU - Li, Panni
AU  - Li P
AD  - College of Management and Economics, Tianjin University, Tianjin, 300072, China.
FAU - Lin, Zhongguo
AU  - Lin Z
AD  - College of Management and Economics, Tianjin University, Tianjin, 300072, China. 
      Electronic address: lzg2011@tju.edu.cn.
FAU - Du, Huibin
AU  - Du H
AD  - College of Management and Economics, Tianjin University, Tianjin, 300072, China.
FAU - Feng, Tong
AU  - Feng T
AD  - College of Management and Economics, Tianjin University, Tianjin, 300072, China.
FAU - Zuo, Jian
AU  - Zuo J
AD  - School of Architecture & Built Environment, Entrepreneurship, Commercialization, 
      And Innovation Centre (ECIC), The University of Adelaide, SA, 5005, Australia.
LA  - eng
PT  - Journal Article
DEP - 20210624
PL  - England
TA  - J Environ Manage
JT  - Journal of environmental management
JID - 0401664
RN  - 0 (Air Pollutants)
RN  - 0 (Fossil Fuels)
SB  - IM
MH  - *Air Pollutants/analysis
MH  - *Air Pollution/analysis/prevention & control
MH  - China
MH  - Fossil Fuels
MH  - Power Plants
MH  - Taxes
OTO - NOTNLM
OT  - Air pollution
OT  - Environmental regulation
OT  - Environmental tax
OT  - Fossil-fuel power plants
EDAT- 2021/06/27 06:00
MHDA- 2021/08/05 06:00
CRDT- 2021/06/26 20:23
PHST- 2021/01/09 00:00 [received]
PHST- 2021/05/25 00:00 [revised]
PHST- 2021/06/15 00:00 [accepted]
PHST- 2021/06/27 06:00 [pubmed]
PHST- 2021/08/05 06:00 [medline]
PHST- 2021/06/26 20:23 [entrez]
AID - S0301-4797(21)01174-9 [pii]
AID - 10.1016/j.jenvman.2021.113112 [doi]
PST - ppublish
SO  - J Environ Manage. 2021 Oct 1;295:113112. doi: 10.1016/j.jenvman.2021.113112. Epub 
      2021 Jun 24.