Analysis Of Price Fluctuation And Influencing Factors In Shanghai Carbon Market
After the establishment of the national carbon emissions trading market,the national carbon trading system has been further improved.This article takes the Shanghai carbon market as an example to study the changes and influencing factors of market price fluctuations.The research results show that:(1)after the establishment of the national market,the level of carbon emissions trading prices in Shanghai shows an upward trend,and the fluctuations tend to stabilize;(2)the carbon emissions trading prices are affected by the carbon market compliance period.Before the establishment of the national carbon trading market,the carbon market prices near the compliance period rise,while after the establishment of the national carbon trading market,the carbon trading prices near the compliance period are impacted by the compliance period and decline;(3)the influencing factors study found that energy prices and temperatures will drive up the carbon emissions trading prices,while carbon prices are negatively related to economic factors,suggesting that Shanghai may have reached the environmental Kuznets inflection point.Based on the above conclusions,in order to consolidate the good development trend of the carbon market,it is necessary to expand the market size and coverage in stages,reform the carbon trading compliance system,strengthen institutional standardization construction,and vigorously develop clean energy for energy structure transformation..