Carbon Emission Trading-value Assessment Analysis

The economic development,environmental problems more highlights,countries are now working to take various methods to reduce the pollution to the environment of economic development.In this context,the issue of carbon emission rights and its distribution has become a hot topic of discussion among countries.According to the result of the discussion,we see that it is not only at present in view of the important means to global climate environment improvement,at the same time,it also has the distinct characteristics of assets,and has become an important tool for various enterprises grab use.In recent years,our country has also been gradually introduced,put forward the concept of carbon emission rights,and act on practice,then has established the carbon market in many provinces and regions in the pilot,to complete the commitments made at the United Nations climate conference in Paris in 2009,and to protect our own living home,making constant efforts.Therefore,there will be more and more trade fairs for carbon emission rights between enterprises in the future,and become a normal state.Given the European Union,the United States and other developed countries have established the carbon emissions trading market,and achieved good results,many scholars have carbon assets and carbon emissions as their research object,because the carbon market data of developed countries is rich,so most of them use traditional evaluation methods to evaluate carbon emissions.However,China is in the initial stage of the carbon emission right market,and the traditional assessment methods for carbon emission rights will not be applicable to China.So this paper combine the concept of carbon assets,carbon emissions,and the characteristics of its assets,thinking binary tree model in real option model is applicable to China's carbon emissions rights value evaluation,and into the shadow price model to measure the carbon emission rights exist for enterprise's economic profit value,thus more intuitive and simple response the value of China's carbon emissions.This paper illustrates the research background,research status at home and abroad,the research significance,research ideas and methods innovation point,this paper introduces the related concepts of carbon emissions,as well as the practice in our country.Next to the carbon emission rights assessment of theoretical concepts and related methods are introduced,bycomparing the carbon emission rights assessment method and choice,hope that through the use of real option method to evaluate the carbon emission rights and.In the analysis of the option value model,we found that the option of economic benefits is an important parameter,so I introduced in the model building model to calculate shadow price of carbon emissions of value-added economic profit,it comes from the study of linear programming problems,which is a country or region or enterprise in carbon emissions trading on the optimal estimated based on the price of the premise.The determination of the economic profit in this paper is mainly based on the carbon emission,the unit price of carbon emission,the cost of carbon emission unit and other related factors.Secondly,we analyze the carbon emission rights value of Hubei energy through the real option value model and the shadow price model.Carbon policy,first introduced the Hubei province and Hubei province energy deals with Q enterprise background and evaluation purpose,which can more targeted for the company according to the regional situation of carbon emission rights value for research.The core part of the article is the assessment of the carbon emission right value of Hubei energy.Firstly,the parameters of this evaluation are determined,and the value of the carbon emission right is determined by the establishment of the real option model.Finally,the author according to the model building and get the value of the carbon emissions were analyzed the results,although there was some difference of data and theory,but is still in the study of reasonable interval,so our model selection is reasonable.And then according to the results of the analysis we against China in the development of the carbon market put forward the related Suggestions,hope that the future of our carbon emission rights market can be further improvement and development.