Research On The Improvement Of The Legal System Of Carbon Emission Trading Supervision In China

On July 16,2021,with the official opening of the national unified carbon emission trading market,there was another upsurge of energy conservation and emission reduction.In fact,China has been carrying out the pilot work of carbon market since 2011.During this period,many regulatory documents on carbon market supervision have been issued.Some provinces and cities have established a relatively perfect carbon emission trading system and formulated supporting regulatory measures to create a fair and just trading environment to promote the reduction of greenhouse gas emissions,At the same time,it has brought certain green economic benefits,which have accumulated valuable experience for the construction of a sound and unified carbon market.Before the regulation of carbon trading,carbon emission rights must be placed within the scope of reasonable legal attributes,otherwise there may be situations that cannot be relied on in the process of regulation.However,there is no legal document to clearly characterize it,and the academic community has been arguing about it.The foothold of any emerging system needs to stand the test of practice.The development of the legal system of carbon emission trading supervision in China is not as smooth as expected.There are a series of application problems in practice.The main contents are: the legal effect level of normative documents on carbon trading supervision is low,the market subject access mechanism is imperfect Imperfect information disclosure system,loopholes in regulatory mechanism and lax accountability mechanism have led to slow progress in this field.In order to solve the above problems,it is urgent to clarify the root causes of the problems and sort them out,so as to put forward improvement suggestions.Therefore,this paper will analyze from the following four parts:The first part defines the meaning of carbon emission trading regulation and its related concepts.First of all,the carbon emission right is defined as the administrative regulation right,which may lead to the dilemma of no legal basis.At the same time,analyze the subject,object and content of carbon emission trading,and clearly analyze the trading process to reduce the understanding pressure of regulatory authorities;Secondly,study the subject,object and content of carbon trading supervision,and clarify which units have the right to supervise,who to supervise,and what aspects to supervise;Finally,explain the particularity of the regulation in the field of carbon trading compared with other fields,so as to make the regulatory subject work more targeted.The second part combs and summarizes the practice and legislative status of carbon trading supervision system in recent years,finds out the problems and analyzes the root causes.The third part studies the operation of the regulatory system of the pioneers of establishing the carbon market such as the European Union and Australia,and selects the experience in line with their own actual situation to learn from.The fourth part,aiming at the problems raised above,on the basis of fully studying the development of China’s current carbon trading supervision,puts forward some appropriate improvement suggestions in order to reduce the obstacles on its way forward.