The Research Of Environment Management And Regional Beneficial Accordance Based On Emission Rights Trading

Due to the severe environmental problems,governments around the world have carried out various policies of environmental economics,such as prices,taxes,finance,credits,charges,and insurances.After 1970s’,pollution right trading,based on profound economics,management and law foundations like property rights,imbalance physical theory,external economy theory,tragedy of the commons,institution change theory,environment right theory,etc.,has become one of these critical tools.Since Dales introduced the concept of emission rights,there have been extensive studies conducted on the pollution right trading system,the trading market,trading costs and benefits,the initial pricing and vendor behaviors,resulting in fruitful theoretical researches.In practice,the pollution right trading in the United States,Japan,the European Union,and some developing countries(e.g.Chile)has shown its own distinguishing features,protecting environments while yielding huge economic benefits,and forming the emission trading system coexisted with total control type and credit within total control type,which demonstrates the great prospects and vitality of pollution right trading.Pollution rights almost entered China along with the Chinese Economic Reform and Open up In China,it is an urgent need of controlling the pollution emission because the pasted 30-year China economy is being rapidly expanding at the expense of environment.This article starts with analysis and comparisons among theory and practices of domestic and overseas,and then concludes the critical factors affecting the development of pollution right trading system,such as total control,market participants,the initial distribution and pricing,operational issues(regulatory and incentive),and trading system construction.Plus,it highlights the essential steps of developing pollution trading system in China and how the theory can be applied to the trading activities.Environmental protection is closely related to economy development and energy consumption.Based on the data analysis of 30-year practice experience of China,the article proposes recommendations on the balance among the policies of pollution emission,economy development,and energy consumption.This article consists of seven parts.The first part introduces the purpose and significance of this study,arising the article’s innovation.In the second part,it demonstrates the theoretical basis of pollution right trading and reviews the domestic and overseas existing research results of pollution rights trading,comparing two types of emission control.In the third part,it presents the analysis of core elements,such as initial pricing and metering,caculation and cost management,that affect emission rights,especially,it presents the shadow pricing model of pollution right,including asset types,accouting principles and accounting treatment.The fourth and fifth parts compare the practice and their own characteristics of pollution right trading among the US,Japan,the EU and Chile,what’s more,it emphasises the Chinese pollution right developing history,its problems and corresbonding solutions taken by the government The second last part investigates the relationship among emission rights,economic development and energy consumption.Finally,based on a forementioned analysis,it suggests the regional beneficial coordinating mechanism of emission rights control,taking Taihu Lake Basin as an example.The innovation of this article lies in as follows.Firstly,it arises the difficult problems that the Chinese pollution right faces and their relative solutions that implementing credit trading mode within the total control.Secondly,it studies the conflict of interest and risk balance among pollution right,economy and energy.Thirdly,it arises the mechanism that solving the profits and accordance of pollution right trading region.