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2018•Proceedings of the 2018 International Conference on Management, Economics, Education and Social Sciences (MEESS 2018)Open access

Research on the International Carbon Emission Trading Mechanism

Ming Zeng, Shiyu Meng, Zhuhan Long, Liyi Tian, Chenjun Sun

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Abstract

Carbon emissions trading is an important part of international environmental cooperation.It is also a comparatively novel applied research field of environmental economics and institutional economics in international trade.The existing carbon trading mechanisms mainly have problems such as cost-efficiency asymmetry and differences of interests.In order to solve these problems, this paper proposes to construct a new emission trading mechanism.The new mechanism is based on the principle of common but differentiated responsibilities, cost-sharing principle and selective incentive principle.It focuses on the challenges and opportunities faced by the trading of emission rights based on transaction cost theory and the construction of a global carbon emissions trading mechanism.

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What this paper is about

Carbon emissions trading is an important part of international environmental cooperation.It is also a comparatively novel applied research field of environmental economics and institutional economics in international trade.The existing carbon trading mechanisms mainly have problems such as cost-efficiency asymmetry and differences of interests.In order to solve these problems, this paper proposes to construct a new emission trading mechanism.The new mechanism is based on the principle of common but differentiated responsibilities, cost-sharing principle and selective incentive principle.It focuses on the challenges and opportunities faced by the trading of emission rights based on transaction cost theory and the construction of a global carbon emissions trading mechanism.

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Available abstract

Carbon emissions trading is an important part of international environmental cooperation.It is also a comparatively novel applied research field of environmental economics and institutional economics in international trade.The existing carbon trading mechanisms mainly have problems such as cost-efficiency asymmetry and differences of interests.In order to solve these problems, this paper proposes to construct a new emission trading mechanism.The new mechanism is based on the principle of common but differentiated responsibilities, cost-sharing principle and selective incentive principle.It focuses on the challenges and opportunities faced by the trading of emission rights based on transaction cost theory and the construction of a global carbon emissions trading mechanism.

Key concepts: Mechanism (biology), Carbon fibers, Computer science, Business, Physics, Quantum mechanics, Algorithm, Composite number

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