Study On Mechanism Of Carbon Emission Trading In China

At the end of 2011,China began to launch carbon emission trading pilot projects in seven provinces and municipalities.Since June 2013,seven pilot provinces and municipalities have been launched successively.The pilot areas account for 18%of the national population,30%of the national GDP,and about 20%of the national carbon emissions,covering more than 20 industries.The annual carbon dioxide emissions are about 1.2 billion tons,becoming a regional carbon emissions trading second only to the EU ETS.At present,the construction of national emission trading system has been started,initially incorporated into the power industry,but at present the unified trading system of the whole country is really fully operational.Therefore,it is necessary to study the design mechanism of the national carbon emission trading system.Carbon emissions trading is based on carbon dioxide(or other greenhouse gases)emission permits as the main objective,and its characteristics are also created by human scarcity.Therefore,it will not be formed spontaneously.It must be realized by establishing relevant rules under the guidance of the government.Carbon emission trading is one of the means to achieve the goal of greenhouse gas emission reduction in China.The introduction of carbon emissions trading can not only improve China's initiative and voice in international climate change negotiations through internationally recognized ways of energy conservation and emission reduction,but also promote the effective way to achieve the promised greenhouse gas emission reduction goals.Carbon emission trading is a means of emission reduction based on market mechanism,which can achieve emission reduction targets at a lower cost.This paper combines qualitative and quantitative analysis methods to study the effects of carbon market mechanism and different allowance allocation methods.Qualitative analysis combs the overall framework of the construction of major carbon emission trading markets,allowance allocation methods,regulatory bodies and implementation effects.Swarm simulation model is used to establish game simulation model.Quantitative research on carbon emission rights allocation mechanism is carried out to find the relationship between carbon price and policy.Through policy simulation,it is found that with the change of carbon emission allowance,emissions trading volume changes regularly,from less to more,and from more to at least.Through the simulation study of emission allowance,we can put forward scientific and reasonable suggestions on the allowance allocation of national carbon market,and promote the overall efficiency of social and economic development.While making great contributions to the global response to climate change,China will also enhance China's voice and influence in the international community,while other countries will also benefit from China's carbon emissions trading.