The Study Of Initial Configuration In Carbon Emissions’ Right

The trading of carbon emissions’ right is the results of global search for reducingemission effectively, which is aimed at cutting the cost of reducing greenhouse gasemission and is one of the innovative cooperation mechanisms. It puts pollutant emissionsas a commodity, so that it can be traded in the market freely. From environmental benefits,the trading of carbon emissions’ right promoted the enthusiasm of national energy saving,which will lead to improve the environment of human state at last, and it is also theoriginal intention of the trading of carbon emissions’ right. From economic efficiency, thetrading of carbon emissions’ right not only reduced production costs, improved productionquality, and bring additional revenue for the enterprise, but also reduced the funds pressureof government in investing environmental protection and controlling pollution. From socialbenefits, it can not only promote national economic development and social stability, butalso help to establish a good international image, which because the problem of carbonemissions’ right involving more than one country, but also the global issues involvedcountries in the world.The trading of carbon emissions’ right stems from the <Kyoto Protocol> in1997,which still is a new thing. Since2000, our some of two-controlled areas have carried out anemissions trading pilot and achieved certain fruits. However, from an overall perspective,China has neither formatted a systematic theoretical system, nor lacked wide practicalexperience. In our present legal framework, there are still many issues to be resolved inChina under the framework of the implementation of this measure are still many problemsin implementing this measure. For example: the property of emission rights is stilldisputing; the legislation of emissions right’s trading exists gaps; is emission right aproperty in the property law? However, controversy and imperfect does not mean that theimplementation of the trading of carbon emissions’ right is not feasible. All the experts andscholars are still endeavoring that the implementation of this system is just around thecenter.