Study On Trading Mechanism Of The Carbon Emission Rights

In recent years, excessive emissions of greenhouse gases caused by human activities induced global climate change, and global climate change caused natural disasters.This is becoming a hot spot of global concern.At present, each country has recognized that the resources of atmospheric environment capacity are limited; human can not indefinitely emit greenhouse gas. Each country also has reached consensus that it is necessary to control carbon emissions for solving the current problem of global climate issue.United Nations Framework Convention on Climate Change and Kyoto Protocol allocated for each contracting state in the amount of greenhouse gas emissions and emission reduction obligations. For the pressure of international carbon reduction, each state also explores effective market economy instruments to control the carbon emissions. At the same time, our country domestic has explicitly put forward rigid restriction index of energy conservation and emission reduction In the nation's Eleventh and Twelfth Five-Year Plan, urgently need to find an effective market economy instrument to achieve emission reduction targets. Based on such a background, this dissertation discusses and studies carbon emission trading system in depth.Atmospheric environment capacity resources have public goods characteristics. In order to solve externalities problem caused by the public goods, it is an optimum choice to clear property rights and implement emissions trading mechanisms for achieving efficient allocation of atmospheric capacity resources and controlling carbon emissions. In order to solve global climate issues, The United Nations Climate Conference passed the "Kyoto Protocol" and established the international carbon emissions rights. Meanwhile, for lowering the cost of reducing emissions in developed countries, the "Kyoto Protocol" established three kinds of carbon trading mechanisms.this dissertation introduces the formation process and main content of the international carbon emissions trading mechanisms and market; analyzes the effects of international carbon emissions trading mechanism and trading markets on the global carbon emissions trading mechanisms and market development; points out that the current carbon emissions trading mechanism under the "Kyoto Protocol" does not solve the problem of carbon emission reductions around the world.Each state still need to develop their own domestic carbon emissions trading mechanisms and market. In all the established mechanisms and carbon emissions trading market, the EU is the most successful.This dissertation then proceeded to take EU experience for example, describes main contents of EU carbon emissions trading system and analyzes the effectiveness of its implementation, and summarizes experiences and lessons about the European Union carbon emissions trading system.After learning from the experience of the EU, this dissertation describes pollutants emissions trading in China practice, analyzes the main content and role of the emissions trading mechanisms,and finds out deficiencies and defects of domestic emissions trading mechanisms by comparing the EU carbon emissions trading system. Finally, through learning experiences and lessons from the EU ETS and China pollutants emissions trading system, combining with the actual situation in our country, this dissertation proposes the principles, path, specific programs and related policy measures of the establishment of carbon emissions trading system and trading market.