2011Unpublished venueRequires access

Exploration of the Construction of Carbon Emissions Trading Market——China's Response to a Policy of Low-Carbon Economy

Qiu Feng

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Abstract

Among the ways to reduce carbon emissions,carbon trading and carbon tax,as indirect means of reducing emissions of carbon dioxide,are widely used and accepted around the world.Carbon trading and carbon tax are of both advantages and disadvantages.It is inconclusive,which is more suitable for China.As China's carbon trading market has seriously lagged behind many nations,it is forced to the bottom of the chain in the global carbon trading industry.Therefore,China needs to further explore and develop its carbon trading market so as to take a healthy growth path of low-carbon economy.

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What this paper is about

Among the ways to reduce carbon emissions,carbon trading and carbon tax,as indirect means of reducing emissions of carbon dioxide,are widely used and accepted around the world.Carbon trading and carbon tax are of both advantages and disadvantages.It is inconclusive,which is more suitable for China.As China's carbon trading market has seriously lagged behind many nations,it is forced to the bottom of the chain in the global carbon trading industry.Therefore,China needs to further explore and develop its carbon trading market so as to take a healthy growth path of low-carbon economy.

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Available abstract

Among the ways to reduce carbon emissions,carbon trading and carbon tax,as indirect means of reducing emissions of carbon dioxide,are widely used and accepted around the world.Carbon trading and carbon tax are of both advantages and disadvantages.It is inconclusive,which is more suitable for China.As China's carbon trading market has seriously lagged behind many nations,it is forced to the bottom of the chain in the global carbon trading industry.Therefore,China needs to further explore and develop its carbon trading market so as to take a healthy growth path of low-carbon economy.

Key concepts: China, Carbon finance, Carbon tax, Carbon fibers, Greenhouse gas, Carbon credit, Low-carbon economy, Business

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