A summary of carbon emission trading economy in energy field

DOI

10.2991/978-94-6463-268-2_34How to use a DOI?

Keywords

Carbon emission trading; transaction; economy; energy

Abstract

To implement China’s action goals of achieving carbon peak by 2030 and carbon neutrality by 2060, The Opinions of the Central Committee of the Communist Party of China and the State Council on Completely, Accurately, and Comprehensively Implementing the New Development Concept and Doing a Good Job in Carbon Peaking and Carbon Neutrality, as well as 《the State Council’s Action Plan for Carbon Peaking before 2030》, clearly state that “we must accelerate the construction of a clean, low-carbon, safe, and efficient energy system. Energy enterprises must firmly establish a clear direction for green and low-carbon development, and strive to become the” leader “in energy efficiency while maintaining national energy securities. With the official launch and steady development of China’s carbon emission trading market, it is of significant milestone significance for achieving China’s “dual carbon” strategic goals. In the context of tackling global climate change, as the carbon emission in the energy sector account for more than 70% of China’s total carbon emission, it is an effective system to control greenhouse gas emission through the carbon emission trading system. Carbon emission trading is the only way to lead the development of Low-carbon economy in the energy sector using market mechanisms. The carbon emission trading economy is a major institutional innovation and a complex system engineering involving multiple disciplines and fields. With the continuous improvement of the construction of the national carbon emission trading market, this review discusses the background, development status, operating mechanism, problems and challenges, future prospects and other aspects of carbon emission trading in the energy field, analyzes the carbon emission trading market, which will enrich the research content of the economy of carbon emission trading, and provide some reference for the strategic planning of the carbon emission trading market.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xiaofeng Li
AU  - Yanshu Shen
AU  - Yihao Zhao
PY  - 2023
DA  - 2023/10/10
TI  - A summary of carbon emission trading economy in energy field
BT  - Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)
PB  - Atlantis Press
SP  - 303
EP  - 308
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-268-2_34
DO  - 10.2991/978-94-6463-268-2_34
ID  - Li2023
ER  -