Based On Replacement Cost Method ’s Carbon Emission Right Valuation

With the increasingly serious global warming, carbon dioxide emissions has become the consensus of the world’s countries, Since the signing of the "Kyoto Protocol", a global carbon emissions trading market is rapidly established. As the world’s carbon emissions superpower, China is also actively involved in the global carbon emissions trading market. Because of the lack of pricing power in carbon emissions trading, which makes our country often at a disadvantage in International Carbon emissions trading market. For these reasons, this article from the perspective of the replacement cost method to explore the true value of carbon emission rights.Article is divided into five parts:The first part is an introduction,mainly make a brief description on the research background, significance and innovation, while finishing a literature review. The second part overview the development and theoretical basis of carbon emissions. so that the reader has a clear understanding of the carbon emissions framework. The third section describes the reasons for the market price of carbon emissions does not reflect its intrinsic value and the reason for the choice of the replacement cost method. The fourth part calculate the price of carbon emissions from three different angles:carbon neutral, carbon capture and storage, the development of clean energy. The fifth part givesconclusions and policy recommendations based on the above analysis.This article may be have some contributions. Assessing the value of carbon emission rights from the perspective of asset valuation still in the blank fields.This paper serves as a valuable role for experts in this area,We also hope to make a modest contribution in carbon emissions assessment practice development.