ABSTRACT
Low-carbon economy is one of the important tasks of economic and social development in the world. China’s carbon emissions accounted for 30.7% of the world’s carbon emissions. China needs to constrain its energy consumption and carbon emission. Technological progress is considered the most effective implication. This paper narrows technological progress to energy-saving technological progress and deeply investigates the influence of knowledge stock of energy-saving patents on energy intensity and carbon dioxide intensity. The empirical results show that energy-saving technological progress is conducive to constraining China’s energy intensity and carbon intensity. Based on the findings, some insightful policy implications for China to constrain energy intensity and carbon intensity are put forward.
