Research On The Market Of Carbon Emissions Trading In China

At present,climate warming is one of the most important issues the world must face.There are many perspectives to understand the enviromental problems,which led many ways to solve it.Among these solutions,using the market mechanism has attracted academic attention.As the market-oriented means,carbon emissions trading is frequently discussed in the areas of economics.With series of international events,the low-carbon economy has became a global consensus.Carbon enissions trading is the only way to lead the low-carbon economy.As the signatory of "Kyoto Protocol",China currently have no international obligations and targets to reduce greenhouse gas emissions,but as a developing country of high population,China is at the stage of economic development in high-growth,facing much problems such as:irrational energy structure,low energy utilization,high greenhouse emission,which will also become China's political and ecomomic development constraints.On the other side,China has not yet formed an orderly and efficient carbon trading market which can go with the international market. In order to strive for greater space of economic and social developmnet,we should take proactive actions to establish a national carbon trading system to control GHG emissions and stimulate low-carbon technology innovation.This paper started with the principle of emission trading,proved the neccessay of building a national carbon emission market:It is not only a response to the internatinal pressure on GHG reduction requirements,or conform to international trends and seize the opportunity,but also a only way for the development of China's low-carbon economy.Analyzed China's economic situation and carbon emissions trading in the present,we obtained in the process of constructing a national carbon emissions trading market,the focus should be on building the "cap-and-trade" emissions trading mechanisms.Learning from the establishment of the EU emissions trading system,based on the actual situation in our country,this paper picture a framework of the steps of developing national carbon emissions trading system,and then presented a detailed policy recommendations.