Article ID Journal Published Year Pages File Type
1514762 Energy Procedia 2011 5 Pages PDF
Abstract

Global warming that caused global environment worsen is one of the most serious human problems. So UN commission on climate change negotiated with its member states to sign the treaty of “Kyoto Protocol”, which is a legally binding agreement on climate change. In this agreement, an effective measure is to introduce the carbon trading. Carbon trading essentially trades the right to emit greenhouse gases. Through the effect of carbon trading market, it is important to construct the price of carbon, which reflects the scarcity of the right to emit greenhouse gases and the want of the well earth environment in essence. Carbon market and carbon trading activity in china exists in the Initial stage, we must seize the valuable opportunity to maintain sustainable economic development.

Related Topics
Physical Sciences and Engineering Energy Energy (General)