Research on China's Carbon Emissions Trading Market Status, Problems and Measures
The present of the emissions trading theory solved the problems that economic development and environmental management cannot be parallelized. The EU carbon emissions trading system, as a symbol of the worldwide carbon emissions trading markets, have been gradually formed. The implementation of carbon emissions trading has slowed the rate of global warming and improved the ecological environment for human. It also promoted the development of local economic in the long term. China, which has the world’s largest supply of carbon under the CDM mechanism, has always been in a position of price takers in the international carbon emissions trading market. And what’s more, its hard emission changes create huge profits for the foreign buyers. The domestic theoretical studies about the carbon emissions trading and running of the pilot markets have already been launched a few years ago and it also made great progress. The seven carbon trading pilots in China reached the peak of the transaction in June 2014, the trading volume reached 285.922 7 million tons, and turnover reached 16 398.232 5 million yuan. According to the National Development and Reform Commission, as of October 2014, seven carbon trading pilots completed the transaction of total 13.75 million tons of carbon dioxide, and the cumulative turnover of over 500 million yuan. However, such turnover is far less for China which has the huge reduction potential. Chinese carbon emissions trading market is not mature enough. And the carbon trading market pilot areas are more dispersed. It has not formed a unified national emissions trading market yet. The lack of enthusiasm that the carbon enterprises to participate the carbon trading market, resulting in low carbon emission quotas mobility, Low market volume and low market activity. It is a big challenge for China to run the national unity carbon emissions trading market in 2016. In this paper, we firstly did analysis and comparison of the mechanism and operation of domestic and international emissions trading market status quo, secondly, we analyzed the situation of the current market turnover and carbon emissions trading volume of China's seven pilots to find the root cause of the slow development of local carbon emissions trading market. Combined with the development and innovation of financial markets carbon emissions carbon financial derivatives, we want to win the right to speak on the international emissions market for our country and strive to build a relatively mature and stable domestic emissions trading proposal given market during the“Thirteen Five.”
CDMemission tradingcarbon emissions trading marketenergy conservation and emission reduction
国家科技期刊平台
NSTL
万方数据
维普
