Research On The Value Assessment Of Enterprise Carbon Emissions Permit

The problem of global climate change (GCC) has been deeply affect the world’s political, social, economic and many other aspects. As a means of economic and market an effective way to solve this problem, Carbon emissions trading (referred to as carbon trading) has been developed in different levels around the world. Learning from the successful experience of the EU Emissions Trading Scheme (EU ETS), China’s comprehensive carbon trading will commence shortly, after carbon trading pilot in2013in seven provinces and cities across the country. The attendant problem is that carbon emissions as a something new arrival, what impacts will take to the main transactions--companies? On along this question, the author of this paper thinks it in-depth. After research, this paper considers that actual enterprise carbon emissions permit is a new factor of production with the nature of intangible asset taking into enterprises’production and operation in low-carbon economy, which can make use of the method of quantitative evaluation of intangible assets to reflect its impact on businesses. Based on the elements of the theory of value, dependent on the financial effect and operational effects of carbon emissions, this paper builds an emission Permit Valuation Model (EPVM) and operate a test evaluation, to help low-carbon economy investment decisions, as well as to provide a basis for the pricing of carbon trading.This paper is divided into five chapters. The first chapter is the introduction, introduces the research background, significance, summarizes the research perspective and research status, determines the thesis object-enterprise carbon emissions permit, and points out that the full text of research ideas and research methods. The second chapter is to clear the environment of carbon emissions-carbon trading market, and analyzes its nature. Chapter three is the theoretical research of enterprise carbon emissions value assessment, based on the Factor Value Theory and the method of intangible assets assessment, analyzes the value source of emission permit as a new factor of production. Chapter four is the assessment model research of the enterprise carbon emissions permit, constructs the enterprise carbon emissions permit model (EPVM) draw on the basis of existing research. Chapter five is applied research of the enterprise carbon emissions permit model, for example, coal companies in China, as a test evaluation, and analyzes and inspects the results. Chapter six is the conclusion and outlook.