Improving air quality is an urgent task for the Beijing–Tianjin–Hebei (BTH) region in China. In 2018, utilizing 365 days’ daily concentration data of six air pollutants (including PM_2.5, PM₁₀, SO₂, NO₂, CO and O₃) at 947 air quality grid monitoring points of 13 cities in the BTH region and controlling the meteorological factors, this paper takes the implementation of the Blue Sky Defense War (BSDW) policy as a quasi-natural experiment to examine the emission reduction effect of the policy in the BTH region by applying the difference-in-difference method. Results show that the policy leads to the significant reduction of the daily average concentration of PM_2.5, PM₁₀, SO₂, O₃ by −1.951 μg/m³, −3.872 μg/m³, −1.902 μg/m³, −7.882 μg/m³ and CO by −0.014 mg/m³, respectively. The results of the robustness test support the aforementioned conclusions. However, this paper finds that the concentration of NO₂ increases significantly (1.865 μg/m³). In winter heating seasons, the concentration of SO₂, CO and O₃ decrease but PM_2.5, PM₁₀ and NO₂ increase significantly. Besides, resource intensive cities, non-key environmental protection cities and cities in the north of the region have great potential for air pollutant emission reduction. Finally, policy suggestions are recommended; these include setting specific goals at the city level, incorporating more cities into the list of key environmental protection cities, refining the concrete indicators of domestic solid fuel, and encouraging and enforcing clean heating diffusion.

As municipal solid waste severely threatens human health and the ecological environment, since 2019, China has started to fully practice MSW sorting in all prefecture-level cities. In this paper, we apply the event study and difference-in-difference methods to investigate how China’s green policy of promoting MSW sorting influences listed waste sorting companies from the perspective of investors’ short-term and long-term reactions. This paper finds that investors are not sensitive to the introduction of MSW sorting in the short term, the new environmental policy does not relieve the financing constraints of related enterprises in the long run, and the financing constraints of private enterprises are stricter than those of state-owned enterprises. These findings indicate that China’s current encouragement of garbage sorting is not efficient enough as it has not brought benefits to the waste classification industry yet. More measures need to be taken to eliminate uncertainties in urban waste sorting. Our paper enriches the research on China’s waste sorting practices and provides new evidence of the effects of environmental policy on related firms from the perspective of green industry.

China has a fast-growing economy and is one of the top three sulfur dioxide (SO₂) emitters in the world. This paper is committed to finding efficient ways for China to reduce SO₂ emissions with little impact on its socio-economic development. Data of 30 provinces in China from 2000 to 2017 were collected to assess the decoupling relationship between economic growth and SO₂ emissions. The Tapio method was used. Then, the temporal trend of decoupling was analyzed and the Moran Index was introduced to test spatial autocorrelation of the provinces. To concentrate resources and improve the reduction efficiency, a generalized logarithmic mean Divisia index improved by the Cobb–Douglas function was applied to decompose drivers of SO₂ emissions and to identify the main drivers. Results showed that the overall relationship between SO₂ emissions and economic growth had strong decoupling (SD) since 2012; provinces, except for Liaoning and Guizhou, have reached SD since 2015. The decoupling indexes of neighboring provinces had spatial dependence at more than 95% certainty. The main positive driver was the proportion of the secondary sector of the economy and the main negative drivers were related to energy consumption and investment in waste gas treatment. Then, corresponding suggestions for government and enterprises were made.