As the continuous changes in environmental regulations have a non-negligible impact on the innovation activities of micro subjects, and economic policy uncertainty has become one of the important influencing factors to be considered in the development of enterprises. Therefore, based on the panel data of Chinese high-tech enterprises from 2012–2017, this paper explores the impact of heterogeneous environmental regulations on firms’ green innovation from the perspective of economic policy uncertainty as a moderating variable. The empirical results show that, first, market-incentivized environmental regulation instruments have an inverted U-shaped relationship with innovation output, while voluntary environmental regulation produces a significant positive impact. Second, the U-shaped relationship between market-based environmental regulation and innovation output becomes more pronounced when economic policy uncertainty is high. However, it plays a negative moderating role in regulating the relationship between voluntary-based environmental regulation and innovation output. This paper not only illustrates the process of technological innovation by revealing the intrinsic mechanism of environmental regulation on firm innovation, but also provides insights for government in environmental governance from the perspective of economic policy uncertainty as well.
Thermochemical oxidation of methane (TOM) by high-valence metal oxides in geological systems and its potential role as a methane sink remain poorly understood. Here we present evidence of TOM induced by high-valence metal oxides in the Junggar Basin, located in northwestern China. During diagenesis, methane from deeper source strata is abiotically oxidized by high-valence Mn(Fe) oxides at 90 to 135 °C, releasing 13C-depleted CO2, soluble Mn2+ and Fe2+. Mn generally plays the dominant role compared to Fe, due to its lower Gibbs free energy increment during oxidation. Both CO2 and metal ions are then incorporated into authigenic calcites, which are characterized by extremely negative δ13C values (−70 to −22.5‰) and high Mn content (average MnO = 5 wt.%). We estimate that as much as 1224 Tg of methane could be oxidized in the study area. TOM is unfavorable for gas accumulation but may act as a major methane sink in the deep crustal carbon cycle.
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