Issue |
E3S Web Conf.
Volume 424, 2023
2023 International Conference on Renewable Energy and Ecosystem (ICREE 2023)
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|
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Article Number | 04004 | |
Number of page(s) | 6 | |
Section | Population, Resources and Environmental Economics | |
DOI | https://doi.org/10.1051/e3sconf/202342404004 | |
Published online | 11 September 2023 |
Comparison of the Strategic Factors of Enterprises in China and the United States in the Process of Green Transformation
Adam Smith Business School, University of Glasgow, United Kingdom
* Corresponding author: 2613007S@student.gla.ac.uk
The electricity industry is one of the largest contributors to greenhouse gases, which makes reducing carbon emissions critical to mitigating climate change. In response, renewable energy sources like wind, solar, and hydropower are replacing traditional sources such as oil and natural gas. Traditional energy companies are undertaking green transformations to invest in sustainable facilities that require significant capital and practice, making it an area for study and improvement. This essay examines the green transformation process in the power industries of China (China Three Gorges Corporation (CTG)) and the United States (NextEra Energy (NEE)), essential for reducing carbon emissions. Chinese companies experience political interference, which limits their flexibility in industrial layout and capital allocation. However, they have established an information system combining employee management and electronic human resources systems, enabling relatively ideal human efficiency. American companies have higher market flexibility, allowing them to negotiate agreements with the government and trade unions to ensure stable and efficient human-to-efficiency ratios during the transformation process. Future research should identify factors that influence the green transformation process and, develop strategies to overcome potential obstacles. Comparative studies of power industries in other countries could provide insights into improving the efficiency of green transformations.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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