Research on China's carbon emission trading market
- https://doi.org/10.2991/ifeesm-17.2018.259How to use a DOI?
- Carbon emission trading, China's Pilot ETS, Auto regression model
Since EU ETS established in 2005, the international carbon emission trading markets have been running for 12 years, while China's Pilot ETS just for three years. However, owing to the high level carbon emissions, China's carbon emission trading market has a huge development space. The first part compared current situation between the international and domestic carbon emission trading markets, and indicated some outstanding problems in China. Then this paper studied the inherent relationship between weekly trading volume and return rate in Shanghai ETS, based on the Autoregressive model. Results show that the carbon emission trading volume in Shanghai is fluctuating, and the impact of return rate on the current trading volume is more significant. Finally, this paper gave some suggestions to perfect the carbon emission trading market in China: (i) use financial derivatives to active trading market; (ii) make incentive policies to stimulate transactions; (iii) unify carbon emission trading market regulations.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yingkai Yin AU - Lei Zhou AU - Yanzhou Chen PY - 2018/02 DA - 2018/02 TI - Research on China's carbon emission trading market BT - Proceedings of the 2017 3rd International Forum on Energy, Environment Science and Materials (IFEESM 2017) PB - Atlantis Press SP - 1429 EP - 1433 SN - 2352-5401 UR - https://doi.org/10.2991/ifeesm-17.2018.259 DO - https://doi.org/10.2991/ifeesm-17.2018.259 ID - Yin2018/02 ER -