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Construction Of China 's Carbon Trading Market Legal System

Posted on:2015-04-16Degree:MasterType:Thesis
Country:ChinaCandidate:L SongFull Text:PDF
GTID:2176330422967754Subject:Economic Law
Abstract/Summary:PDF Full Text Request
Recently, the more and more serious issues on climate change have deeplyinfluenced the development of social economy and human civilization, which aretreated as the hot topics in International politics, economy and legal system. The corepart of climate change lies in the realization of green, recycling and ecologiceconomic development. In the view of the development of ecologic economy, theinternational society has made a consensus to meet the obligation of reducing thegreenhouse emissions and to realize the sustainable development of society, economyand environment, which also become the important strategic choices for each country.The tendency of ecologic economy prevails in the globe. Most of countries hastransformed to the pattern of ecologic economy. A revolution of seizing the economiccommanding point is arising quietly, which in some extent shapes the global politicaland economic pattern.Since the Kyoto Protocol took effect, the carbon emission permits trademechanism has been utilized and promoted by more and more countries, as the policytool of reducing the greenhouse gas based on the high efficiency and low cost market.To establish and develop national carbon emission market aims to make full use ofmarket mechanism to control the greenhouse gas emission, which optimize theallocation of air resources and reach purposes of facing the climate change andpromoting the ecologic economy. Besides a major country of carbon emission, Chinais one of the biggest countries of Certification Emission Reduction with congenitalmarket advantages. However, China hasn’t build up unified carbon emission marketso that China still passively accepts the market rules in the International competition.Thus, to fasten the steps of constructing the carbon emission market, and to strugglefor initiative rights have significant meaning for China. In2013, the world embracesthe second commitment period of Kyoto Protocol, and China has welcomed the firstyear of carbon emission trading. At present, the political signals of developing China’s carbon transactions have been obvious. Five carbon emission areas have been set upwith services of on-line transaction. A national unified compulsory carbon tradingmarket will be established in2015.A healthy order market requires the effective security of legal system. To solvethe climate change issues, promote the ecologic economy and secure the goodoperation of trading market, activate the public to join the reduction campaign. Chinashould construct a perfect carbon emission market legal mechanism which suits forChina’s domestic situation as early as possible. The thesis gives a specific discussionof the construction of carbon emission market legal mechanism, including five parts.The first chapter mainly explains the profound meaning of carbon emission permitstrade mechanism, and the commodity and metal nature of the mechanism. The secondpart mainly describes the structure, classification and the classic operation pattern ofEU pattern and the United States pattern which benefit the authority to master thefunction of a variety of carbon market, and to learn successful experience fromforeign carbon trading market. The third part and the forth part embodies thetheoretical and practical basis of building up carbon market in China, in order toexplain the market conditions have been mature and prepared. The fifth part, also themost important part of the thesis, in the broad view analyzes the future of China’scarbon market in International sight and the national distribution. In the microcosmicview, the thesis discuses the primary preparation, fundamental principles, tradingregulations and supervision system of the legal mechanism of carbon emission marketwhich tries to provide a integration with varied levels for China’s carbon emissionmarket by fully applying the effective legal system.
Keywords/Search Tags:carbon trading market, carbon emission right, legal system, marketmechanism
PDF Full Text Request
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