Gao Tian-jiao
Abstract
This paper makes brief introduction to the outline of carbon trading,describes the development of European Union Emissions Trading Scheme(EU ETS) and the Clean Development Mechanism(CDM) concretely,and finally analyzes the risks and benefits of CDM in China.
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This paper makes brief introduction to the outline of carbon trading,describes the development of European Union Emissions Trading Scheme(EU ETS) and the Clean Development Mechanism(CDM) concretely,and finally analyzes the risks and benefits of CDM in China.
Key concepts: Clean Development Mechanism, Emissions trading, Carbon market, China, Carbon offset, European union, Business, Carbon fibers