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Certified Voluntary Emission Reduction (CCER) Carbon Emissions By Enterprises Valuation

Posted on:2023-01-12Degree:MasterType:Thesis
Country:ChinaCandidate:S DongFull Text:PDF
GTID:2531306833472284Subject:Asset appraisal
Abstract/Summary:PDF Full Text Request
During my country’s implementation of a grand "double carbon target" process,the demand problem of the carbon emission rights market is increasing.Carbon emissions originate from environmental resource property rights,with commodity transactions in their scarcity.Carbon emissions trading is a key policy tool for promoting China’s "Double Carbon Target".At present,there are two main forms of carbon emission rights in the Chinese market: the government carbon distribution and the Chinese Certified Emission Reduction,CCER.CCER is the largest number of carbon emissions on the my country’s carbon trading market "supplier",and its development main body is my country’s voluntary emission reduction enterprise.The carbon market is highly demand for CCER emission reduction.It is clear that its value helps to improve the company’s attention to CCER,so that enterprises promote scientific and effective management of CCER carbon discharge rights,promote the smooth operation of the CCER trading market mechanism,and promote the CCER trading market The construction and development will help to achieve the "double carbon target" of the country.This article is intended to explore the evaluation method of enterprise CCER carbon emissions.Based on the analysis of the relevant literature on the value assessment of domestic and foreign carbon emissions,first combing the connotation of enterprise CCER,analyzes the development history and status of China’s CCER carbon trading market,and thereby The value makeup is defined,and it is determined that this article is based on the perspective of value assessment of carbon discharge rights based on the enterprise CCER project.Through analysis,the value of CCER carbon emission rights is composed of CCER carbon reduction value and the value of carbon emissions.According to the basic theory of value evaluation,the return method is selected to assess the value of carbon emission reduction,and the B-S option pricing method is used to assess the value of carbon emissions.The scallet gray prediction model is introduced to the estimation of the future market carbon prices.Through the historical price of the CCER carbon discharge market,the MATLAB software is used to estimate the dynamic changes of CCER Frequency Cash Flow.This paper takes the 300 MW project developed by Huadian Kangbao enterprises as an assessment case.Using the constructed CCER carbon emission value assessment model evaluates the value of CCER carbon emission rights of case enterprises,the assessment results have certain rationality and reference value.Under the pressures of "Double Carbon Target",CCER project is expected to re-open application in the next few years.Therefore,the CCER carbon emission value assessment will be an important research direction in the field of asset assessment.From the perspective of asset assessment attempts to assess the value of corporate CCER carbon emissions,the paper provides reference and reference for enterprise CCER carbon emissions value assessment,enriching the evaluation of corporate CCER carbon emission rights.
Keywords/Search Tags:CCER, carbon emission rights value assessment, income method, B-S option model, scallet gray prediction
PDF Full Text Request
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