Effectiveness Evaluation Of China’s Carbon Emission Trading Policy

China has always been a big carbon emitter.The extensive economic development model with high energy consumption and low efficiency brings not only rapid economic growth,but also increasingly serious environmental pollution.For example,in recent years,many problems of haze have attracted attention.On the one hand,it hinders the sustainable economic development,on the other hand,it greatly reduces the environmental level of people’s lives.In this regard,the Chinese government applied the market regulation mechanism in the carbon emissions trading market in 2011,through the construction of a reasonable trading market to control greenhouse gas emissions,reduce the main carbon dioxide and sulfur dioxide pollution emissions,and began to fully implement the environmental protection policy of carbon emissions trading at the end of 2017.Under the environment of China’s environmental governance,the policy tools for carbon emission reduction are mainly divided into two categories: command-controlled and market-motivated.The choice of environmental policy tools should not depend solely on the government or enterprises,but should be based on the balance and unity of the dual-core issues of China’s environmental and economic development,that is,the choice of environmental policy tools should depend on which kind of environmental policy.The strategy can better reduce carbon emissions in China’s economic growth.In today’s high-speed development model of China,the single use of government-ordered and controlled environmental policy tools often results in the lack of motivation and enthusiasm for enterprise development.The development of low-carbon economy is also a new solution to the problems of excessive rapid economic development,single energy structure,low energy efficiency imbalance and low-level development.Firstly,this paper introduces the theoretical basis of carbon emissions market trading,summarizes the mature carbon trading market mechanism in developed countries,and draws some useful conclusions.Then,it makes an empirical analysis on the influencing factors of carbon dioxide emissions at the provincial level in China.Based on the combination of theory and empirical analysis,it chooses the influencing factors as the solution of the double difference model.Explain the variables and evaluate the effect of environmental policies established in carbon emission trading market.The empirical results show that since the promulgation of the carbon emission trading market policy in 2011,the pilot carbon emission trading policy has significantly inhibited the carbon emissions of the pilot cities,and the policy impact effect has gradually increased with the increase of the pilot years.Therefore,strengthening the construction of the carbon emission market system at this stage is an effective way to protect the air environment quality.In addition,the growing urban population regulations Models,industrial structure and other factors restrict the reduction of carbon emissions,which is not conducive to the realization of carbon emission reduction goals.Finally,the placebo test confirms that the role of carbon emissions trading market is real and reliable.