Study On Efficiency Of Emission Trading Based On Sustainable Development

Sustainable development has become the consensus of all countries in the world, how to infiltrate the concept of "sustainable development" into environmental management strategy and policy, how to play the leverage of a market economy in environmental policy further, also become important issues of concern for the environmental managers. Emission trading is a new way of pollution control, and it has caused more and more attention for the result of the economic gains and improvements in management. In general, the study of China's emissions trading is still at the exploratory stage. Therefore, it's an urgent need to conduct a study on the measures to promote the goal of total control and environmental quality improvements.Based on both the emission trading experiences and lessons of some countries and the examples of the sulfur dioxide emission in the Power Industry of China, this paper employs the theory of sustainable development and the mew institutional economics to attempt an in-depth analsis sustainable development potentials of the emission trading scheme. Major analysises in this dissertation are as follows:1. Use the Property Right Theory and the Trading Theory of the New Institutional Economics as tools to analyze the theoretical basis and economic importance of sustainable development and the establishment of emission trading scheme.2. Summarize and analyze the relevant emission trading experience and lessons in some countries. It especially focuses on the emission trading practice, and its development, consequences and experience and lessons in the USA. It also compares the relevant practice in the USA, Europe and Japan, and proposes the solutions for the SO₂ emission trading in China.3. Based on the theory of sustainable development, analyze the validity of the emission trading; propose some exploring idea to establish the evaluation system of the validity of emission trading. 4. Based on the international experience and the potential of emission controlling, propose the methods and solutions to set up the SO₂ emission trading scheme of China's Power Industry. It also analyzes the necessity and feasibility and proposes some model to set up the trading scheme.5. Use some SO₂ emission control cases in China's Power Industry to verify the correctness of my aforementioned theories and views.China has just begun to try to implement emissions trading policy, but there is no implementation of this policy throughout the country. The purpose of this paper is to offer idea in setting up Chinese evaluation rules about emissions trading, and do some help in constructing Chinese emissions trading policy.