Research On The Development Of Chinese Carbon Trading Market

In recent years, the climate problem has become one of the important problemsurgently needs to solve in today’s world, in the era of rapid development of thenational economies. The overall rise in the global average temperature and sea level,global warming has brought a great deal of worrying to human life and production.The International Energy Agency (IEA) has declared national greenhouse gasemissions in2030will be a growing situation, it is necessary to reverse the globalwarming situation. States must develop in the development of economy whilestrictly controlling greenhouse gas emissions, the situation showed deceleratinggrowth in greenhouse gas emissions. Climate change to human life has brought a lotof inconvenience, however, human activity is the main cause of increased emissionsof greenhouse gases.While the international carbon trading market development progresses day byday, Our country draw lessons from the developed countries in the development ofcarbon trading market, analyzing the current development status of China’s carbontrading market and its theoretical basis, and analyzes the strengths and weaknesses inthe development of China’s carbon trading market. Finally, through the revelation ofthe development of the international carbon trading market, puts forward the relevantsuggestions on the development of carbon trading market in China. Article is dividedinto five parts:The first part is introduction, this article mainly introduces research backgroundand significance of the topic and advocates low-carbon, energy saving lifestyle underthe global warming the survival of the environment. At the same time, this articleanalyzes on the issue of carbon emissions, carbon trading, the research status at home and abroad and illustrates the specific research ideas of this article. This articlemakes up the lack of the development of China’s carbon trading market through anoverview of the theory of the development of the carbon trading market, comparingthe development of the international carbon trading market.The second part mainly summarized the theoretical basis of carbon marketdevelopment in our country. Carbon trading is the use of market mechanisms topromote global greenhouse gas emissions to reduce global carbon dioxide emissions.Carbon emission rights trade in the carbon trading market. The principle of itstrading is within the scope of government agencies to assess a certain pollutantsemissions of the largest environmental capacity and divide the pollutant emissions,per unit of that into one. By tendering the form in the primary market, thegovernment sells the emission rights to the purchasers, and polluters sell emissionrights on the secondary market after the purchase of emission rights. Also expoundsthe relevant condition to establish carbon trading market in China and how China’scarbon emissions test, as well as the feasibility and necessity of the development ofthe carbon trading market in China is analyzed.The third part is one of an important part of the article content, the SWOTanalysis was carried out on the development of carbon trading market in China. Theadvantage of carbon market development in our country is rich in carbon resources.In the CDM market, China will have a broad prospect in carbon trading market. Thelarge number of projects will be developed as CDM project. The potential positiveinfluence of Great cost and high income would lead more developed countries tolook for cooperation projects with us. However, there still exist many shortcomingsin Chinese carbon market. First of all, there is a lot of problems in CDM marketitself, its emissions reduction technology is weak; secondly, carbon tradingmechanism is not perfect in our country; third, carbon restraint mechanism is notsound; and finally, carbon financial legal protection mechanism is imperfect.Comprehensively the advantages and disadvantages of carbon market developmentin our country, the development prospects of carbon trading market in China is the coexist of opportunities and challenges, we should grasp the opportunity in thedevelopment of carbon trading market actively, and face challenges rightly.The fourth part is to introduce the development situation of carbon marketsabroad, and relevant Suggestions are put forward for the development of carbontrading in China. First of all, this article makes a corresponding overview of thecarbon trading market in the European Union, the United States and India; Secondly,according to foreign experience in the development of carbon trading market, weshould improve the carbon trading market system construction, strengthen thedevelopment and research of CDM projects, regulate the initiatives of financialinstitutions participating in carbon trading, and unify the domestic carbon emissionsstandards.The fifth part introduces the countermeasures to strengthen carbon marketdevelopment in China. First of all, we should follow the principle of suitable forChina’s national conditions; secondly, we should encourage market main body toactively participate in carbon trading market; thirdly, we should create a unifiednational carbon trading platform, and set up one or two national carbon exchanges;finally, we should encourage financial institutions to develop new carbon financialproducts to achieve emission reduction targets.Finally, based on the development of the present situation in our carbon tradingmarket, and advantages and disadvantages in development, and basic nationalconditions, we should encourage all citizens to participate in energy conservationand emissions reduction environment actively, to develop the carbon trading marketin China, and protect our public and better homes.