Research On The Effect Of Low-carbon Transition Of Power Generation Enterprises Under The Background Of Carbon Emissions Trading

In recent years,with the continuous and rapid economic growth,China has become the country with the largest carbon dioxide emissions in the world.In order to effectively control greenhouse gas emissions,and promote the construction of a resource-saving and environment-friendly society,in 2011,China decided to conduct carbon emissions trading pilots in Beijing,Tianjin,Shanghai,Chongqing,Shenzhen,Guangdong,Hubei and other places.In December 2017,the national carbon trading market was officially launched.The problem of high emissions and high pollution of power generation enterprises is serious,and it is the main target of the national battle against pollution.The launch of the carbon emission trading pilot has provided good opportunities for the structural adjustment and low-carbon transition of power generation enterprises.However,results show that the effect of the carbon trading mechanism on the low-carbon transition of power generation enterprises has not met expectations.In response to this problem,on the basis of sustainable development theory,externality theory,and theory of property,this paper summarizes existing domestic and foreign research on carbon emissions trading and low-carbon transition.With case study,qualitative and quantitative analysis methods,Guangdong Energy Group Co.,Ltd.is selected as a case to analyze the motivations for enterprises to implement low-carbon transition under the background of carbon emissions trading,and to verify whether the carbon trading mechanism can promote the low-carbon transition of power generation enterprises.The analysis results show that the carbon emission trading mechanism promotes enterprises to implement low-carbon transition from both internal and external aspects.However,it currently appears that the mechanism has not achieved the expected effect of promoting low-carbon transition of enterprises in the short term.Three main reason are as follows.Firstly,the cost of compliance is too low.Secondly,there is a series of uncertain risks for enterprises to participate in carbon trading market.Thirdly,time and technology of the low-carbon transition are limited.Fourthly,there are flaws in the way enterprises manage their carbon assets.Finally,this article puts forward suggestions for both governments and power generation enterprises participating in emission reduction.On the one hand,it provides power generation enterprises with a better response to the carbon emission trading mechanism.On the other hand,it is also conductive to the government to further improve the carbon trading market mechanism to more effectively promote the low-carbon transition of enterprises.