Legal Regulation Analysis of Carbon Emission Trading Market Based on Administrative Process Theory
Nowadays,Carbon emission trading market is an important means to achieve the goal of"Car-bon peak and carbon neutrality".As a policy market created,administrative power is of fundamental signifi-cance to its composition and operation.In order to fully grasp the overall picture of the carbon emission trading system,it is necessary to conduct a comprehensive and dynamic investigation through the administrative pro-cess theory.Under the paradigm of administrative process theory,the generation of carbon emission rights comes from the confirmation of administrative organs,including the confirmation of the qualification of rights subjects and the confirmation of carbon quotas.The subsequent trading and verification of carbon emission rights cannot be separated from the regulation of administrative subjects.This kind of regulation includes man-datory methods such as administrative sanctions,administrative penalties or sanctions,which are bound by mandatory obligations or responsibilities,but also the soft means such as administrative guidance,administra-tive contract,etc.,aiming at the cooperation of market players.