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The Influencing Factors Of Power Generation Enterprises Response Under Carbon Emissions Trading

Posted on:2017-07-19Degree:MasterType:Thesis
Country:ChinaCandidate:C X ChenFull Text:PDF
GTID:2371330488985214Subject:Business management
Abstract/Summary:PDF Full Text Request
With the continuous development of social economy,the emissions of greenhouse gases are increasing year by year.How to limit and control the total emissions of greenhouse gases has become a major public policy issue in the world.Carbon emissions trading came into being under this background.The carbon emissions trading system can be simplified as a quota trading system,where a certain amount of carbon emissions quota given by the government is allowed to be free traded in the market with the limitation of the total amount of carbon emissions by the government.If the company has a higher amount of carbon emissions,the enterprise can make a profit.A company can make a profit by selling its own carbon emissions in the carbon trading market if its emission is lower than the government's limitation.If emission of the company is higher than the government's limitation,it will need to purchase the additional quota to offset the excess carbon emissions.China has begun to implement the carbon emissions trading system after the European Union,the United States,Australia and other countries.In order to achieve the target that carbon emissions gradual reduction after hitting a peak in 2030,chinese government decides to officially launched nationwide carbon emissions trading market in 2017.With the gradual improvement of the carbon trading system,pressure of carbon exchanges for generation enterprises will also gradually increase.Carbon emissions trading will inevitably cause greater impact on generation enterprises business.Therefore,it is siginificant for generation enterprises to respons for carbon emissions trading system.Through literature study on the relationship between carbon emissions trading theory and generation companies,writer proposes the concept of power generation enterprises response.The article points out the current response of power companies is mainly affected by the government,the market,business operations and leadership awareness.Meanwhile,the study takes the form of a questionnaire and uses SPSS software to statistical analysis the management of carbon emissions trading in generation enterprises,and constructs structural equation modeling by Amos software,explores the correlation between the factors.China's carbon emissions trading system is not mature at the present stage.The results show that the four key factors of this paper have a positive effect on the response of power generation enterprises.Influenced by China's social and economic system,the Chinese government plays the most important role in the factors that affect the mode and the market environment has a minimal impact.Under the background of carbon emissions trading system,the freedom given by the government is the most influenced factor of governmental factors.Power generation costs greatly Influence the market factors and the cost of environmental protection and emission reduction is has the biggest impact on the operation of enterprises.The leading organization of carbon trading activities reflects the sense of leadership mostly.According to the analysis results and the carbon emissions trading background,this paper provides the recommendations for the government and enterprises from the view of government policy and business operations.
Keywords/Search Tags:carbon emissions trading, enterprise response, structural equation model
PDF Full Text Request
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