Incentive Mechanism Research On Carbon Trade Activity In Snowflake Company

Since the “ecological civilization”concept was put forward in “twelfth five-year plan”,our country increase the strength of support in energy-saving work among all walks of industry,local government departments at all levels are also actively carrying out all kinds of guiding policies of energy saving to make sure that such policies can be implemented.From the fundamental aim of this policy,energy-saving work is the way in which enterprises improve product competitiveness and implement sustainable development.It also reflects the social responsibility of the enterprises.Through various energy-saving policies and guidelines,governments can put the energy-saving level as a measurement of enterprise “clean production”level and the ability indicators of sustainable development.Therefore,it can promote evolution among enterprise through this way.At last,it can speed up the upgrading and transformation among the whole industry.These idealized policies,to some extent,are coincident with government intervention theory and points of incentive theory.But in reality,the willing of industrial enterprises to participate in energy-saving work is not so strong.Of course the energy-saving effect is not significant.The energy-saving policy did not reach expected effect.To explore its fundamental reason,the government ignored enterprises core economic interests in policies making and energy-saving carrying out work.The enterprises are willing to participate this campaign more driven by internal economic interests rather than government's impulse drive.Therefore,the government needs to create more incentive method to attractive more enterprise joining in energy-saving activities.In this paragraph,the carbon trade activity is pushed by local government which aims to guide all walks of companies to promote energy-saving level.Firstly,it introduces the whole process of joining in carbon trade activity in Snowflake company from 2012-2015.As a typical Sino-foreign joint venture industrial enterprises,the snowflake company in its industry has always been an energy-saving benchmark.In theory,as an industrial enterprises benchmark,the snowflake company should actively participate in this activity.But we can see that from the carbon emissions trade result in 2012 to 2015,obviously the snowflakes' willing to participate is not high.The status of finishing the carbon trade quota is not good either.More seriously,in order to finish the quota,the snowflake company even carry on “stop production” action in 2015,it influence the company's normal business heavily.Later,in case analysis chapter,it will analyze the failure reason of carbon trade activity combined with market failure theory.It points out the influence for energy-saving incentive effect from the aspect of information asymmetry between government and enterprises and poor communication channels.Then,through the introduction of the works of existing carbon trading to illustrate the defect og government incentive mechanism;through dynamic game theory to explain the decision forming process between government and enterprises.In the end of this paper,it points out some ways from information channel,rewards and punishments,etc,to improve the incentive effects of energy-saving policy.It is instructive to adjust the current enterprise energy-saving incentive policy.This paper points out the reasons for the failure of some incentives from the perspective of enterprise.In conclusion part the author provides improvement suggestions in views of failure points and proposes the adjustment ideas to existing energy-saving incentives.It can be taken as reference for the decision-making departments.