A Comparative Study Of Carbon Market Among Guandong, Eu And California

Human’s economic production in recent decades has strengthened the greenhouse effect and caused global warming. In order to control carbon emissions, countries all over the world have made many efforts. Now, the world tends to develop carbon emissions trading market to control carbon emissions more effectively. China’s national development and reform commission has issued a file in October 2011, approve Beijing, Chongqing, Tianjin, Shenzhen, Shanghai,Guangdong and Hubei province to carry out emissions trading markets activities during 2013 to2016, and recently announced that it will launch the national carbon market in 2016.This series of information shows that the carbon market in China are in full swing.This dissertation compared mainly the differences and similarities between the carbon market in Guangdong province of China, European Union and California of the United States.These three carbon markets are the world’s biggest carbon markets, they are typical and have a certain connection among themselves——California and Quebec’s carbon link market provides experience for Guangdong and Shenzhen’s future links, the EU ETS will help China establish a unified carbon markets. So this dissertation selects the three objects to do a comparative study,hoping to explore existing problems of Guangdong carbon market, and put forward suggestions on the development of Guangdong carbon market.