Research On Linking Mechanism Of EU Emissions Trading System

In response to the threat posed by global climate change,the international community has actively taken measures to combat it.As an energy-saving and emission-reduction policy tool,the emissions trading market aims to reduce greenhouse gas emissions through cost-effective means.Many countries and regions have established emission trading markets.Linkage in these emissions trading markets can increase market participants.The quantity and vitality to maximize the reduction effect.Linkage in the emissions trading market is an inevitable trend in the development of the market economy,and is the need for China's emissions trading market to integrate into the international emissions trading market.The EU Emissions Trading System is the world's first multi-country participation in the emissions trading system.It also cooperates with other markets at the earliest.It has mature experience in linking technology docking and institutional rules coordination,through the comparison of these experiences.Through the comparison and summarization of these experiences,the experience of establishing a carbon trading link mechanism between China and Europe is provided.This article is divided into four chapters.The first chapter sorts out the concept and historical evolution of the EU Emissions Trading System linkage.On this basis,the conditions for linking the EU Emissions Trading System are briefly explained.The second chapter focuses on the analysis of the legal principles and sources of the EU Emissions Trading System linkage,from two aspects: legal principle and legal origin.It analyzes that the linkage of EU Emissions Trading System under the current legal framework must conform to the principles of fairness and justice,environmental integrity and political mutual trust.The third chapter analyzes the practice of EU Emissions Trading System linkage,combines the linking practice and legal origin of EU and Norway,Switzerland and Australia Emissions Trading System,Then this chapter analyzes the rationality of its legislation,focusing on the analysis Memorandum of understanding between EU and Norway,EU-Swiss Linking Agreement.The fourth chapter is the prospect of establishing an emissions trading system linkage mechanism between China and EU.It analyzes the basis for establishing an emissions trading system linkage mechanism between China and EU,and proposes a feasible path for China and the EU to establish an emissions trading system linkage mechanism.