Intervening long-run fundamentals of fossil energy demand-an effort towards responsible and clean energy consumption

Renewable energy technology innovation and urban green economy efficiency

Green economy efficiency is the core-factor of urban economic and environmental development. As a sustainable instruments, renewable energy technology innovation (RETI) not only reflects the low energy-consumption, but also promotes the reasonable and balanced relationship between resources utilization and urban economy. In this regard, this paper selects China's cities to investigate the effect of RETI on urban green economy efficiency from 2004 to 2020 based on theoretical analyses and previous studies. The paper finds that RETI can promote urban green economy efficiency significantly, passing a series of robustness test, and its effect has connected differently with the factor of regional factor, cleaner production level and environment pollution. Meanwhile, RETI promotes urban green economy efficiency by reducing CO2 emission and polluting manufacturing agglomeration. To date, this study has discovered the green economy efficiency improvement effects of RETI, providing theoretical basis and practical recommendations for government, technological agency and urban industries.