China's Carbon Emissions Trading Legal System Research

Since1997, the Kyoto regulates the standard of carbon dioxide emissions for various countries and set up three mechanisms of international cooperation reduction. In2003, the United States established the first global carbon emissions trading market-the Chicago climate exchange (CCX). In2005, the EU pushes out a carbon emissions trading system (the EU Emission Trading Scheme, EU ETS). Britain, Australia and other countries also established carbon emissions trading market. Carbon emissions trading developed gradually in the world, especially in recent years, the carbon emissions trading growths rapidly.From1998to2009, the scale of global carbon emissions trading market scale rose from19million tons to8.7billion tons. The trading Volume was144billion yuan. The carbon emissions trading promotes the development of energy conservation and emissions reduction usefully for all countries, incentives enterprise carry out its low carbon production and consumption independently, The carbon emissions trading also bring about huge profit for country and enterprise. Although China is a big country about global carbon emissions, the construction of carbon emissions trading market fall behind of developed countries. In2008, the Beijing environment exchange, Shanghai environmental energy exchange and Tianjin emissions exchange were established successfully. On November17,2009, China completed the first pen emissions trading. This was on behalf of that we also has set up a file in the work to establish carbon emissions trading institutions and developed carbon emissions trading gradually. But, it was not a large-scale and the relative legal system is still was not perfect. Because there are no professional skills and supporting policy, each exchange looks like more like the platform of providing supply and consulting service rather than the professional carbon trading platform, for example, the EU Emission Trading Scheme.This thesis tries to learn successful experience from international countries. This thesis also evaluates the elements of carbon emissions trading system and analyzes the legal problem our counter faced and how to solve it.There are four parts in the thesis. The first part mainly analyzes the legal elements of carbon emissions rights and carbon emissions trading. The second part introduces the carbon emissions trading system and current situation of the European Union and the United States. The third part detailed introduces the current situation and problem of the carbon emissions trading and the carbon emissions exchange we faced. The fourth part studies experience from the international carbon emissions trading, and comes up with the solutions from the five key elements of the system.