A Theoretical Analysis of Carbon Emission Trading System in China and the Perfection of its Rules and Regulations

2013 ◽  
Vol 448-453 ◽  
pp. 4530-4535
Author(s):  
Mo Ru Liu ◽  
Hua Yu Wang
Keyword(s):  
Carbon Emissions ◽  
Carbon Emission ◽  
Emissions Trading ◽  
Emission Trading ◽  
Capacity Allocation ◽  
Emission Trading System ◽  
Trading System ◽  
Carbon Emissions Trading ◽  
Trading Mechanism ◽  
Carbon Emission Trading

The Carbon emission trading mechanism is an important tool to tackle climate change, promote low-carbon economic development, and facilitate ecological civilization construction. The Carbon emission trading system is set up based on the overall amount control. It controls the greenhouse gas emissions through the marketing mechanism, and reduces the cost of carbon emission control. Through theoretical analyses of the property rights of carbon emission right and the legal relationship of carbon emissions trading ,the theoretical basis for the carbon emissions trading mechanism is established. Currently, the measures to improve the carbon emissions trading mechanisms in China mainly consist of perfecting the trading platform, improving the marketing regulation system, promoting legislations of the total amount control of carbon emissions and the initial allocation of carbon emissions right so as to realize the optimal environmental capacity allocation of carbon emissions.

Analysis on Carbon Emission Right Theories

2014 ◽  
Vol 644-650 ◽  
pp. 5235-5238
Author(s):  
Zhen Chen
Keyword(s):  
Carbon Emissions ◽  
Carbon Emission ◽  
Emissions Trading ◽  
National Development ◽  
Emission Trading ◽  
Property Right ◽  
Trading System ◽  
Carbon Emissions Trading ◽  
Carbon Emission Trading ◽  
Emissions Trading System

Since China’s National Development and Reform Commission approved the first seven pilot cities to carbon emission right trading, carbon emission trading is now flourishing in the country. However, in practice, the carbon emission trading emerges many problems and short in some basic theories to safeguard. In theory, the nature of carbon emission right still has no uniform academic definition. What is carbon emission right? There is an academic contend to illustrate it, such as usufruct right, property right, new property and other theories. What’s more, defining the nature of carbon emission right is the premise to ensure that carbon emissions trading system work smoothly.

scholarly journals Study on China's Carbon Emission Trading Market Development under the Globalization

2017 ◽  
Vol 1 (1) ◽  
pp. 36
Author(s):  
Jian Chen ◽  
Maoguan Li
Keyword(s):  
Carbon Emissions ◽  
Carbon Emission ◽  
Emissions Trading ◽  
Emission Trading ◽  
Market Development ◽  
Carbon Emissions Trading ◽  
Development History ◽  
Trading Market ◽  
Successful Establishment ◽  
Carbon Emission Trading

This paper starts by describing China's carbon emissions trading market development history, reveals the existence of its development problems, then, analyzes the experience of successful establishment of the European and American national carbon emissions trading market. At last, this paper recommends for a call of unified effort to improve domestic carbon emissions trading market system.

scholarly journals Carbon Footprint Management of Road Freight Transport under the Carbon Emission Trading Mechanism

2015 ◽  
Vol 2015 ◽  
pp. 1-13 ◽  
Author(s):  
Jin Li ◽  
Qihui Lu ◽  
Peihua Fu
Keyword(s):  
Carbon Emissions ◽  
Carbon Emission ◽  
Search Algorithm ◽  
Travelling Salesman Problem ◽  
Emission Trading ◽  
Cap And Trade ◽  
Total Cost ◽  
Truck Routing ◽  
Trading Mechanism ◽  
Carbon Emission Trading

Growing concern over environmental issues has considerably increased the number of regulations and legislation that aim to curb carbon emissions. Carbon emission trading mechanism, which is one of the most effective means, has been broadly adopted by several countries. This paper presents a road truck routing problem under the carbon emission trading mechanism. By introducing a calculation method of carbon emissions that considers the load and speed of the vehicle among other factors, a road truck routing optimizing model under the cap and trade mechanism based on the Travelling Salesman Problem (TSP) is described. Compared with the classical TSP model that only considers the economic cost, this model suggests that the truck routing decision under the cap and trade mechanism is more effective in reducing carbon emissions. A modified tabu search algorithm is also proposed to obtain solutions within a reasonable amount of computation time. We theoretically and numerically examine the impacts of carbon trading, carbon cap, and carbon price on truck routing decision, carbon emissions, and total cost. From the results of numerical experiments, we derive interesting observations about how to control the total cost and reduce carbon emissions.

scholarly journals Impact of Carbon Emission Trading System Participation and Level of Internal Control on Quality of Carbon Emission Disclosures: Insights from Chinese State-Owned Electricity Companies

2020 ◽  
Vol 12 (5) ◽  
pp. 1788 ◽  
Author(s):  
Duojiao Tan ◽  
Bilal ◽  
Simon Gao ◽  
Bushra Komal
Keyword(s):  
Internal Control ◽  
Carbon Emission ◽  
Emission Trading ◽  
The State ◽  
Primary Concern ◽  
Emission Trading System ◽  
Trading System ◽  
Chinese State ◽  
Carbon Emission Trading

In recent years, the quality of carbon emission disclosures has become a central area of concern for different stakeholders of companies. Specifically, stakeholders of state-owned enterprises (SOEs) want these companies to legitimize their actions regarding carbon emissions reductions reporting. The current study aims to explore the impact of carbon emission trading system participation and the level of internal control on the quality of carbon emission disclosures. Using a sample of Chinese state-owned electricity companies from 2012 to 2018 and employing the difference-in-differences (DID) method, we find a positive impact of the carbon emission trading system participation on the quality of carbon emission disclosures, which suggests that the state-owned electricity companies’ participation in the carbon emission trading system leads to the higher quality of carbon emission disclosures. Likewise, we find a positive relationship between the level of internal control and the quality of carbon emission disclosures, which suggests that the state-owned electricity companies with stronger internal control provide the higher quality of carbon emission disclosures. In addition, we find that the findings are only significant in the case of central SOEs as compared to local SOEs. Our findings contribute to the practical, policy, and research implications as the quality of carbon disclosures is the primary concern from a variety of stakeholders.

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