Economic Analysis of Carbon Emission Trading

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The construction of ecological civilization concerns the sustainable development of China and the realization of the magnificent goal of beautiful China. The carbon emission trading is a market- oriented environmental economic policy whose purose is to resolve environmental issues,using the efficiency principle of the marketlization mechanism to resolve environmental issues under the premise of the commercialization of carbon emission permits. It can simultaneously make the economic subject follow compatability of the costs and benefits,and embody the solution logic of internalizing the externality. The implementation of the carbon emission trading has obvious effect of costs and benefits,and can resolve environmental governance at a relatively low cost. It is an efficient system used by human society to face the climate warming. Thus,the state of art- level design and effective implementation of carbon emission trading should be strengthened,and continuously perfect the pricing mechanism and accelerate pace of the international cooperation of carbon emission trading. The construction of ecological city concerns the sustainable development of China and the realization of the magnificent goal of beautiful China. The carbon emission trading is a market-oriented environmental economic policy whose purose is to resolve environmental issues, using the efficiency principle of the marketlization mechanism to resolve environmental issues under the premise of the commercialization of carbon emission permits. It can make make the economic subject follow compatability of the costs and benefits, and embody the solution logic of internalizing the externality. The implementation of the carbon emission trading has obvious effect of costs and benefits, and can resolve environmental governance at a relatively low cost. Thus, the state of art-level design and effective implementation of carbon emission trading should be strengthened , and continuously perfect the pricing mechan ism and accelerate pace of the international cooperation of carbon emission trading.
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