Proceedings of the 2017 3rd International Forum on Energy, Environment Science and Materials (IFEESM 2017)

Research on China's carbon emission trading market

Authors
Yingkai Yin, Lei Zhou, Yanzhou Chen
Corresponding Author
Yingkai Yin
Available Online February 2018.
DOI
https://doi.org/10.2991/ifeesm-17.2018.259How to use a DOI?
Keywords
Carbon emission trading, China's Pilot ETS, Auto regression model
Abstract

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.

Copyright
© 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/).

Download article (PDF)

Volume Title
Proceedings of the 2017 3rd International Forum on Energy, Environment Science and Materials (IFEESM 2017)
Series
Advances in Engineering Research
Publication Date
February 2018
ISBN
10.2991/ifeesm-17.2018.259
ISSN
2352-5401
DOI
https://doi.org/10.2991/ifeesm-17.2018.259How to use a DOI?
Copyright
© 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  -