Legal Study On The Linkage Of Transnational Carbon Trading Markets And Implications For China

In the face of global warming,more and more countries have introduced market mechanisms in the cause of emission reduction and have established carbon trading markets,which has laid the foundation for the linkage and cooperation between different markets.The linkage of carbon trading market can expand the market scale,improve market vitality,and better play the role of market mechanism in resource allocation,and also promote the publicity and popularization of environmental policies,so that the concept of energy saving and emission reduction is deeply rooted in people’s hearts.Therefore,this paper focuses on the legal problems in the process of carbon trading market linkage,and combines the theoretical problems and practical experience of carbon trading market linkage from the perspective of international law to provide theoretical support for China’s future development of carbon trading market linkage,and to do a good job of risk warning and avoidance of external linkage,so as to contribute to the global emission reduction.The first chapter of this paper is a review of the theoretical issues and practical experiences of carbon market linkage.The first chapter of this paper starts from the definition of the concepts related to carbon market linkage,and then analyzes the advantages and possible risks of carbon market linkage.Chapter 2 analyzes the existing linkage practices,firstly,it introduces the current situation and development trend of global carbon market linkage,and then analyzes the successful experiences and potential problems in the context of typical linkage practices.Chapter 3 analyzes the legal issues in the linkage process of carbon trading market,and discusses the legal issues that need attention in the linkage process from three aspects: basic design elements,regulatory system,cost control and intervention mechanism.Based on the analysis of the legal problems in the linkage process,Chapter 4proposes corresponding solutions to build a system for the future linkage of China’s carbon trading market to the outside world.