Carbon Tax Policy in the Carbon Market

To achieve the goals of energy saving and emission reduction and industrial restructuring smoothly,China needs to goLowcarbon Road,which is a sustainable economic development road in China. This requires selection and design of market-oriented reduction policies tool. With exploring on carbon tax policy in the carbon trading market,the article proposes that the composite carbon emissions trading system is more suited to China's national conditions. In this context,by building a three-stage game model of duopoly enterprises of cooperation and competition within composite carbon emissions trading system,the article discusses on how to develop carbon taxes to contribute to social welfare maximization,and how to determine the planned carbon reducing emission and product prices within different carbon development strategies to satisfy their own self-interest and so on; Then,the article conducts a sensitivity analysis for carbon tax rate changes,which is to analyze the impact of tax rate changes for product prices,planned carbon reducing emissions,corporate profits,and social welfare within cooperation and competition carbon research and development strategy. The article concludes that there are promotions for carbon tax to reduce carbon emission and improve the profit of enterprises in the carbon trading market,and these demonstrate to adopt reasonable market mechanism can achieve sustainable development of low-carbon economy within a scientific and reasonable government policy configuration; during the process of implementation,we need to establish carbon trading market,which facilitates enterprises to chooseto improve the planned carbon reducing emissionsapproach to reduce carbon emissions year after year. Then with the conditions of the powerful social supervision and the strict implementation of punishment mechanism of carbon excess emissions,we consider that the government should use carbon tax to improve the amount of planned carbon reducing emissions,and with the optimal carbon reducing emission,the government should conduct and promote the enterprises to constantly improve carbon emissions RD efficiency,and to positily carry out cooperation and RD for carbon reducing emissions; during the process of practice,we should select high-yield industry with the larger collection space of carbon tax,in particular select the industry with lower products cost and low-carbon degree as pilot,which is to impose carbon tax preferentially; in monopoly industry,the government must take the necessary regulatory policies to ensure the effectiveness and succession of market mechanisms,and to maintain the public interest. At the same time,the government should pay more attention to develop consumer appetite for low-coarbon,which will help enterprises raise prices to cope with the product cost pressure caused by carbon reducing emissions,help the government reduce the resistance of the carbon tax,win space and time for the carbon tax,and promote the smooth adjustment of energy structure and optimization of industrial structure and the harmony within low-carbon and environmental protection and economic development.