Review on Development of Global Carbon Market and Prospect of China's Carbon Market Construction

被引:0
|
作者
Qin B. [1 ]
Zhou X. [1 ]
Ding T. [1 ]
Shi W. [1 ]
Li H. [1 ]
Wen Y. [2 ]
机构
[1] School of Electrical Engineering, Xi'an Jiaotong University, Xi’an
[2] Global Energy Interconnection Development and Cooperation Organization, Beijing
来源
Dianli Xitong Zidonghua/Automation of Electric Power Systems | 2022年 / 46卷 / 21期
基金
中国国家自然科学基金;
关键词
carbon emission; carbon market; carbon market construction in China; carbon neutrality;
D O I
10.7500/AEPS20210912004
中图分类号
学科分类号
摘要
In recent years, due to the accelerated process of global industrialization, fossil energy consumption is huge and carbon emissions remain high, leading to the frequent extreme weather. In order to alleviate the pressure of emission reduction, the Kyoto Protocol proposed a carbon emission trading mechanism, and the carbon market has been widely constructing in Europe, North America, Central and South America, East Asia and Southeast Asia. China, as the largest developing country in the world, has further established a national carbon market. China’s carbon emissions rank the first in the world, and the task of reducing emissions is urgent. The experience of global carbon market development is of great significance for China’s carbon market construction. This paper first introduces the construction process and development status of major global carbon markets. The key mechanisms of carbon markets in various countries are summarized and the market operation effect is evaluated. Then, combined with the actual operation of the market, the difficulties and challenges faced by China’s future carbon market development are analyzed. Finally, this paper discusses the development direction and mechanism design of China’s future carbon market, and puts forward a new model of emission reduction cooperation between China and neighboring countries from the perspective of carbon market interconnection. © 2022 Automation of Electric Power Systems Press. All rights reserved.
引用
收藏
页码:186 / 199
页数:13
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