Research On The Legal Issues Of Cross-border Linkage Of Carbon Trading Market

Since we entered the industrial society,the global warming caused by the accumulation of greenhouse gases has gradually entered the world's vision.Today,extreme weather caused by global warming is frequent.In the face of global climate issues,all countries are aware of the greater institutional advantages of using market means to achieve emission reduction goals.The carbon emission trading system has received widespread attention,and regional carbon emission trading markets have emerged one after another.But due to differences in economic levels and development status of various countries,as well as unilateralism and protectionism,want to put aside disputes and establish a global carbon emissions trading system is a lot of resistance.Under this trend,the link between different carbon markets is imperative.The article intends to study the legal issues in the link of the carbon trading market,hoping to provide a thinking path and theoretical support for the link of the carbon trading market from a legal perspective,especially the perspective of international law.To promote cooperation in different carbon trading markets,and to a certain extent,promote the development of the global emission reduction cause.The first chapter gives an overview of the relevant concepts of the carbon emissions trading market,and discusses the necessity and significance of link between different markets in combination with the status of the carbon trading market.Chapter 2 analyzes in detail the basic legal principles to be followed in the carbon trading market links,including the principles of environmental integration,fairness and justice,openness and transparency and information disclosure,the combination of institutional flexibility and emission reduction effectiveness.The third chapter is based on the practice of existing carbon trading market links,represented by EU-Norway,EU-Switzerland,and California-Quebec,to explore the basic mode of linking,analyze the existing problems and propose corresponding solutions.Chapter 4 focuses on the legal issues of linking in the carbon trading market,discusses the overall structure of the link,the total amount control in the link,and the allocation of quotas,and analyzes the contracts and the application of laws in carbon emissions trading.Explain and analyze the supervision system and verification system,then make recommendations for the link to the Chinese carbon trading market.