A Research About The Legal System Of Carbon Emissions Rights Trading Under The Background Of The Financial Crisis

Last decade, as the glacier melts and the sea level rises rapidly, climate change has already been an important environmental agenda in the international society. Now, the carbon emissions right trading is widely accepted by the world to ease environmental crisis, and to promote the energy conservation and emissions reduction. Many countries have formed the mechanism of carbon emissions right trading. Carbon emissions trading is based on the cost difference of greenhouse gas emissions trading system. In2008, the outbreak of the financial crisis impacted on the carbon emissions trading and in the carbon trading market, the price fell and quantity reduced in a short time. This showed that the carbon emissions trading system existed system defects under the financial crisis. How to deal with possible new risk of a financial crisis under the background of the financial crisis, how to establish perfect law system, so as to prevent or reduce the significant impact of financial crisis in the future, these need to be solved urgently.In this paper, it is based on the background of financial crisis. The central issue is to research carbon emissions trading legal system under the background of the financial crisis. The introduction discusses the research background of this thesis. The first part of the article introduces the theoretical basis and basic concepts of carbon emissions trading system in this paper. The second part introduces the operation of the international carbon emissions trading system, with the EUETS, CCX in American and GGAS in Australia; it also introduces the foreign legislative overview of carbon emissions trading mechanism, the response to the financial crisis and revelation to our country. The third part discusses the current carbon emissions trading system in our country and the problems in the financial crisis. The fourth part discusses that in the financial crisis, how to design the carbon emissions trading legal system in our country. In this part, it puts forward the design of the legal norms in the system of carbon emissions trading; it proposes to improve the contents of carbon emissions trading in the aspects of transaction subjects, object, trading places, intermediaries, etc; it raises to improve the legal responsibility system of the carbon emissions trading; and it comes up with Combined with measures and suggestions to guard against financial crisis risk under the background of the financial crisis. The epilogue summarizes the whole thesis and puts forward that we should combine the era background with China’s specific national conditions, construct specific system suitable to China’s development situation, and promote the system in a legal perspective.