The Analysis Of Carbon Emission Trading Systems And An Internet-based Trading System

The climate change is one of the non-traditional security issues that human beings are facing, and the major factor that influences the climate change is the anthropogenic GHG emissions. The climate change is the everlasting hot topic in the global politics and relations and becoming one of the toughest multilateral issues among nations which are facing most clashes and toughest co-ordinations. The United Nations Framework Convention on Climate Change is the fundamental frame within which the international community will cooperate to battle the global climate change issue.Facing environmental pollution, economists invented emission trading systems and put them into practice in some developed countries and at international levels. Even though these and those contradictions exist, the international community is performing technical and economic design all the time to control the climate change. Since the year of 2013, China has begun the Carbon emission allowance pilot program in certain areas from which China has gained some experience and meantime faced some difficulties. However, the nation-wide trading market has not been established yet and we have a long way ahead to realize the emission reduction commitment through emission trading systems.Under the above background, this article reviews the economic theories of carbon emission trading system, elaborates the applications of emission trading systems, makes comparative analyses about the global major trading systems and their characteristics, in particular, about the features and applications of the offset mechanism in the compliance or the allowance markets. This article also makes detailed description to the pilot trading programs which are under implementation in the “seven” areas in China, special analyses have been conducted to China Certified Emission Reductions(CCER) and the offset roles which involves voluminous independent research activities. Conclusions have been arrived through research the dilemma situation of CCER, to which the article proposes the risk mitigation principles.Due to the many problems exposed in the ever implemented trading systems overseas and the implementing domestic pilot trading systems, this article boldly innovates an internet-based trading system named “Microcarbon” mechanism by migrating the internet thinking to emission trading systems, aiming to solve the selling problem of CCERs. In the article, the concept and features of Microcarbon are proposed, the diagrammatic model is developed. A survey has been taken to preliminarily study the feasibility of the Microcarbon mechanism. Based on the above research of the Microcarbon mechanism, the article conducted data simulation, developed realization roadmap of the mechanism, analyzed the social and economic benefits, and suggested related policies at the end.By the research of the article, conclusions could be reached that emission reduction should be realized depending on multiple mechanisms includingMicrocarbon, just like the control of climate change needs joint efforts of the international community. The internet thinking in the network era will bring a brand-new model to the emission reduction mechanism of human beings.