Difficulty And Consturction Of The Pollution Discharge Power Transaction System In China

Nowadays, with the deeper thought of sustainable development, pollution control and environmental protection has become one of the important parts of the government policy and law all around the world. As a typical market-based economic means for the environmental protection, the pollution discharge power transaction bases on the pollutant emissions control systems and the pollution discharge permit system and makes full use of the market mechanism on environmental capacity of the optimal allocation of resources with government's supervision. Its essence is the trading of the right to use the environmental capacity transactions. The pollution discharge power transaction can fully mobilize the enthusiasm of the enterprises to control pollution and flexibly adjust the balance between economic development and environmental protection. It can also minimum pollution control cost in order to achieve the balance among the economic efficiency, environmental benefits and social development.Theoretical study and practical experience have shown that emissions trading can take full use of the flexible economic stimulation with the total control system and relative policy and laws to rectify and make up for the rigid and low efficiency problems of the traditional "command - control" style so that we can fundamentally achieve the goal of preventing pollution.This essay analysis the pollution discharge power transaction's difficulties encountered in China based on others' research and work out the proposed policy solutions in legal aspects. This essay starts with the meaning and feature of the pollution discharge power transaction to make a comprehensive analysis. Part two and part three of the essay introduce and economic theory in pollution discharge power transaction as it is the most successful practicing country in this field and focus on the China's pollution discharge power transaction difficulties. Finally, the essay discusses legal construction and the policy issues of the pollution discharge power transaction for the development of policy-making, legislative thinking and exploration in china.