The Research Of China’s Policy Framework To Manage The Enterprises Carbon Emissions

The summer of 2013 was officially the hottest in the history of modern China. The threat of global warming is gradually becoming a reality that every nation has to face.China has been the world’s fastest growing major economy since 2000. In 2009, China’s GDP surpassed Japan, and China became the second-largest economy in the world. However, this progress has come at a cost:China is now the largest carbon dioxide emitter in the world. Recent studies show, under China’s current economic structure, the trend of increasing carbon dioxide emissions may continue for decades. As a result, China must consider constraining the amount of carbon dioxide it emits, even before its economy is fully-developed.Ex-Premier Wen attended the Copenhagen Climate Summit in December 2009. China then published its action plan to address climate change. Without international aid, China announced a target of cutting carbon dioxide emissions per unit of GDP by 40 to 45 percent by 2020. After setting this low-carbon goal, China’s next step is to translate it into deliverable and measurable action. China NDRC issued the notification 《The Trial Experiment of Carbon Emission Trading Systems》 on October 2011. According to the notification, the municipal of Beijing, Tianjin, Shanghai, Chongqing, Hubei province, Guangdong province and the city of Shenzhen will start the carbon emission trading system in 2013. China encounters the challenge of designing the carbon trading policy, designing the regional emission cap, designing the enterprise emission cap and the audit of enterprise carbon emission. The dissertation researches how our government shall meet the above challenges.My dissertation explores the current state of China’s economic development, the amount of current greenhouse gas emissions, the approaches that the government is taking to manage greenhouse gas emissions, and the role of China’s business community in this. Next, the dissertation compares the development of greenhouse gas emission policies in developed countries, and the effect of these policies. It demonstrates China’s lack of governmental administrative capability and legislative framework to properly manage greenhouse emissions. Finally, my dissertation suggests the Chinese government needs to redesign its administrative and legislative framework, and the technology it needs to manage greenhouse gas emissions. My dissertation proposes that China must construct an emission-trading system to better control its emissions.In summary, my dissertation asserts that China can rise to the challenge of managing its carbon emissions. To do this, however, the government must strictly adhere to its goal of economic transformation, while leading the business community in the development of low-carbon technology.