Research On The Strategy Of Enterprise Emission Reduction Based On The Fluctuation Of Carbon Price

The global warming and its subsequent effects,the main characteristics of climate change,are considered to be caused by greenhouse gas(GHG)emissions with90% probability,which has brought critical threat to human existence and social development.The climate change has attracted widespread attention not only from developed countries but also from developing countries.Carbon emission trading emerged as the most important way for countries to reduce emissions.It is the general trend for enterprises to participate in emission reduction and bear the responsibility of emission reduction.As well as consumers’ preference for low-carbon products,it also brings new markets and opportunities for enterprises.Based on the objective market environment of China’s carbon emission trading market and carbon price fluctuation,it is of great significance to study the emission reduction strategies of enterprises under the fluctuation of carbon price.At the same time,consumers’ awareness of environmental protection is growing day by day,and the low-carbon preferences of consumers also have a significant impact on the emission reduction strategies of enterprises.Therefore,it is very important to study the emission reduction strategy of enterprises under the consumer carbon preference.First of all,through the analysis of the influencing factors of carbon price fluctuation in Beijing’s carbon emission trading market,this paper concludes that the main influencing factors of carbon price fluctuation are carbon emission trading volume and oil price.Then,based on the goal of maximizing the profits of enterprises,a model of enterprise emission reduction strategy composed of a single enterprise is established.This paper discusses the optimal solution of the enterprise’s unit product emission reduction when the carbon trading price is fixed and the carbon price is affected by other factors.This paper mainly studies the influencing factors and effects of the optimal carbon emission reduction per unit product,and the difference between the influencing factors of the enterprise’s emission reduction strategy when the carbon trading price is fixed and when the carbon price fluctuates under the influence of other factors.In the case of fixed carbon trading price,the optimal emission reduction strategy is only related to the fixed carbon trading price and emission reduction technology level.When the price of carbon trading fluctuates,the formulation of the optimal emission reduction strategy of enterprises is more complex,and more factors are considered.The optimal carbon emission reduction per unit product of an enterprise is not only related to the fixed carbon trading price and emission reduction technology level,but also affected by the compulsory emission reduction,oil price,correlation coefficient between oil price and carbon price,product output and correlation coefficient between carbon trading volume and carbon price.When these influencing factors make the optimal carbon emission reduction per unit product higher;At this point,enterprises will not buy carbon emission rights in the carbon trading market,but prefer to reduce their own emissions,and sell additional carbon emission rights in the carbon trading market to obtain greater profits.When these factors lead to the optimal per unit product of carbon emissions is lower,the enterprises will choose to buy carbon emissions in carbon emissions trading market.Finally,based on the previous research,after adding the influence factor of consumers’ low-carbon preference,the paper establishes the income function model of enterprises under the fluctuation of carbon trading price,and studies how to balance the choice of selling additional carbon emission rights or obtaining low-carbon preference emission reduction strategies for enterprises with high emission reduction technology level.It is concluded that the optimal carbon emission reduction per unit product decreases with the increase of product output.When the output is low,enterprises will not have additional carbon emission rights to sell;with the increase of consumers’ low-carbon preference income,enterprises will choose to purchase carbon emission rights in the carbon market to obtain low-carbon preference income.