Research on the impact of environment taxes and fees on the carbon emission reduction of Enterprises under carbon peaking and carbon neutrality

Zhang Longtian; Liu Danlei

Abstract：In order to achieve energy intensive and ecological sustainable development,in 2021,China proposed to develop a carbon peak action plan before 2030 and gradually improve the dual control system for energy consumption.At present,accelerating the"carbon peaking and carbon neutrality",that is,the"dual carbon"strategy,is an important issue in China.The"dual carbon"strategy cannot be separated from the establishment of a green tax system,and environmental protection tax is not only an important tool for environmental regulation,but also one of the important taxes for establishing a green tax system.Environmental protection tax has the characteristics of market regulation and government intervention,and is currently the only tax category that includes atmospheric pollutants in the scope of taxation.The achievement of the"dual carbon"cannot be separated from enterprises and individuals.Therefore,studying the carbon reduction effect of environmental protection taxes on enterprises in the context of the"dual carbon"goal is also of great significance.In addition,green technology innovation carried out by enterprises to reduce tax expenditures and other goals can further promote green transformation and promote carbon emissions reduction.Therefore,the study of the correlation between environmental protection taxes,corporate green technology innovation,and corporate carbon reduction effects in this article has practical theoretical and practical significance.Based on the assumption that environmental protection tax has a synergistic effect on pollutant emissions and carbon emissions,this article draws on the quasi natural experiment implemented by the Environmental Protection Tax Law,and based on the empirical evidence of listed companies from 2015 to 2021,and legitimacy theory,examines the impact of environmental protection tax on corporate carbon emission reduction effects.Researchers found through research that:(1)the collection of environmental protection taxes significantly promotes the carbon emission reduction effect of enterprises.In other words,after the implementation of the Environmental Protection Tax Law in 2018,the carbon emission reduction level of enterprises has significantly improved.(2)In the process of promoting carbon reduction through environmental protection taxes,green technology innovation plays a mediating role.By increasing production costs and operational pressure,enterprises are forced to transform towards a green direction.Furthermore,green technology innovation by enterprises can promote their technological level in pollution control,thereby promoting carbon emissions reduction.(3)The promotion effect of changing environmental protection fees to taxes on corporate carbon emissions reduction is mainly manifested in non-state-owned enterprises.Therefore,in order to promote the development of enterprises more effectively and effectively,the country should continue to improve and optimize the implementation rules of environmental protection tax,establish a work cooperation and cooperation mechanism between environmental protection departments and tax departments,and obtain the"double dividend"of tax revenue in a more efficient way,in order to effectively ensure the collection and payment of environmental protection tax and improve tax efficiency.