Rearch On System Of Carbon Financial Markets In Europe And America

The development process of human civilization in advance trend, the acceleration of global warming is already the undisputable fact, protection of human survival environment, and emissions of carbon dioxide and the greenhouse effect has direct contact, has gradually become the consensus of society, humans began to look gathered in low carbon this field. Low-carbon economy, carbon trading, carbon finance and other professional terms, but also more and more high frequency appear in the mass media. The resulting carbon finance is a new thing, which from the beginning to generate attention by the international community.This article from the introduction, body and conclusion of three parts,introduction of the general account of the background and significance of topics, research methods and logical structure, the conclusion section summarizes the main points of articles and future research directions of carbon finance, the body composed of six parts.The first chapter of the current status of carbon finance are reviewed. The second chapter analyzes the background of carbon finance, carbon finance is currently on a global scale is still no uniform concept, the concept of carbon finance through the definition and depth, the account of the current development of carbon finance, including the attention of the "Kyoto three mechanism "that Joint Implementation (JI), Clean Development Mechanism (CDM), emissions trading (ET) carbon status analysis and development of financial markets in Europe and America Comparative Analysis of the status quo. The third chapter of the EU greenhouse gas emissions system to create, and operational mechanism of sources of law were discussed in-depth analysis of its mechanism of carbon finance transactions, including registration, audit and monitoring procedures, and the European Climate Exchange, for example, analyzed The spot and futures transactions in the form of carbon finance. In chapter four, the main line of the Chicago Climate Exchange, analysis of the U.S. carbon finance trading mechanism, including the policy basis, system design, registration and certification systems, and the Chicago Climate Futures Exchange situation.Finally, a comparative analysis of financial markets in Europe and America differences between two carbon points to further expand its analysis of causes, and for the Chinese path of carbon finance market system to provide reliable reference for the construction.This comparative study and empirical research to combine the form of both the EU and U.S. carbon finance and the typical development of a relatively complete market as the focus of this paper. This part of the study not only of theoretical value, is more practical for the development of China's carbon finance provides a path to enlightenment.