Xiaofei Wang , Lirong Xu , Qin Gao , Nan Liu , Chongmei Wang , Ke Li
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Effect of consumer subsidies on coal mine efficiency and its transmission mechanism
Appropriate consumer subsidies can effectively address energy poverty. However, in China, the continued high level of fossil energy consumer subsidies, influenced by the energy consumption structure, may impede the green, low-carbon, and high-quality development of energy production companies. This study examines coal mines in Shandong province from 2017 to 2021 to explore the effects of consumer subsidies on mine production efficiency and its mechanisms. The results show that technological advancements are essential for mine production efficiency improvement, but consumer subsidies have a significant negative effect on mine production efficiency, and the influence weight is −0.020. Additionally, the mechanism analysis reveals that consumer subsidies affect mine production efficiency through factors such as environmental governance, market competition, and management quality. It is proposed that reforms in the coal market, including optimizing the long-term cooperative pricing mechanism, could mitigate the negative effects of consumer subsidies and support energy structure adjustments.
期刊介绍：
Energy policy is the manner in which a given entity (often governmental) has decided to address issues of energy development including energy conversion, distribution and use as well as reduction of greenhouse gas emissions in order to contribute to climate change mitigation. The attributes of energy policy may include legislation, international treaties, incentives to investment, guidelines for energy conservation, taxation and other public policy techniques.
Energy policy is closely related to climate change policy because totalled worldwide the energy sector emits more greenhouse gas than other sectors.
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