Discussion on the Multiple Attributes and Value Realization of Carbon Inclusive Credits
The establishment and improvement of the legal system of carbon inclusive credit is conducive to facilitating the achievement of the"dual carbon"goal.Currently,in practice,carbon inclusive credit suffers from issues such as inadequate legal norms,a low hierarchical level,and a singular mode of value realization.Theoretically,there is also scarce attention paid to the paradigm and construction of the credit system.According to the existing norms,carbon inclusive credit is actually an incentive-based regulatory system.As an innovative approach for administrative entities to regulate carbon reduction behaviors,it is necessary to promptly formulate local regulations and government rules to implement the rights and responsibilities among the relevant subjects of carbon inclusive credits,and standardize the management of carbon inclusive credit rights and interests.Moreover,administrative regulations or laws can be formulated or revised through special legislation or integrated legislation to connect and integrate the relevant local provisions.As an effective means for administrative entities to motivate carbon reduction subjects,it is essential to refine and improve the carbon inclusive credit redemption,credit circulation,and credit substitution and restoration systems based on the analysis of the experiences and lessons of Japan and South Korea,and to realize the value of carbon inclusive credits through multiple channels.
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