The climate anomalies around the world are still outstanding. Under the UN's United Nations Framework Convention on Climate Change (the Framework Convention) and the Kyoto Treaty, governments have adopted a country-specific reduction in CO2 initiatives such as greenhouse gas emissions etc.. After experiencing the pilot implementation of the carbon trading rights market in seven provinces and municipalities, in December 2017, the “Chinese National Carbon Emissions Trading Market Construction Plan (Power Generation Industry)” officially launched the national carbon emissions trading system. This paper outlines the empirical measures and development status of the domestic carbon emission trading rights market, lists the development status of the Guangzhou Carbon Emissions Exchange in Guangdong Province, and the shortcomings on carbon accounting, carbon emission data reporting, carbon allowances, etc. It also gives suggestions on the upper layer design, the establishment of sound carbon market infrastructure, capacity building and carbon financial instrument innovation, with a view to the long-term development of low-carbon economy in Guangdong Province that will provide further valuable experience for the construction of the national carbon market.
Published in | Science Discovery (Volume 7, Issue 4) |
DOI | 10.11648/j.sd.20190704.12 |
Page(s) | 194-199 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2019. Published by Science Publishing Group |
Sustainable Development, Carbon Emission Trading System, Carbon Finance, Guangdong Province, Problem Research
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APA Style
Chen Jian, Liu Chenglin, Lin Jingchuan. (2019). Research on the Development and Problems of Guandong Province Carbon Emmission Market Construction. Science Discovery, 7(4), 194-199. https://doi.org/10.11648/j.sd.20190704.12
ACS Style
Chen Jian; Liu Chenglin; Lin Jingchuan. Research on the Development and Problems of Guandong Province Carbon Emmission Market Construction. Sci. Discov. 2019, 7(4), 194-199. doi: 10.11648/j.sd.20190704.12
AMA Style
Chen Jian, Liu Chenglin, Lin Jingchuan. Research on the Development and Problems of Guandong Province Carbon Emmission Market Construction. Sci Discov. 2019;7(4):194-199. doi: 10.11648/j.sd.20190704.12
@article{10.11648/j.sd.20190704.12, author = {Chen Jian and Liu Chenglin and Lin Jingchuan}, title = {Research on the Development and Problems of Guandong Province Carbon Emmission Market Construction}, journal = {Science Discovery}, volume = {7}, number = {4}, pages = {194-199}, doi = {10.11648/j.sd.20190704.12}, url = {https://doi.org/10.11648/j.sd.20190704.12}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sd.20190704.12}, abstract = {The climate anomalies around the world are still outstanding. Under the UN's United Nations Framework Convention on Climate Change (the Framework Convention) and the Kyoto Treaty, governments have adopted a country-specific reduction in CO2 initiatives such as greenhouse gas emissions etc.. After experiencing the pilot implementation of the carbon trading rights market in seven provinces and municipalities, in December 2017, the “Chinese National Carbon Emissions Trading Market Construction Plan (Power Generation Industry)” officially launched the national carbon emissions trading system. This paper outlines the empirical measures and development status of the domestic carbon emission trading rights market, lists the development status of the Guangzhou Carbon Emissions Exchange in Guangdong Province, and the shortcomings on carbon accounting, carbon emission data reporting, carbon allowances, etc. It also gives suggestions on the upper layer design, the establishment of sound carbon market infrastructure, capacity building and carbon financial instrument innovation, with a view to the long-term development of low-carbon economy in Guangdong Province that will provide further valuable experience for the construction of the national carbon market.}, year = {2019} }
TY - JOUR T1 - Research on the Development and Problems of Guandong Province Carbon Emmission Market Construction AU - Chen Jian AU - Liu Chenglin AU - Lin Jingchuan Y1 - 2019/07/19 PY - 2019 N1 - https://doi.org/10.11648/j.sd.20190704.12 DO - 10.11648/j.sd.20190704.12 T2 - Science Discovery JF - Science Discovery JO - Science Discovery SP - 194 EP - 199 PB - Science Publishing Group SN - 2331-0650 UR - https://doi.org/10.11648/j.sd.20190704.12 AB - The climate anomalies around the world are still outstanding. Under the UN's United Nations Framework Convention on Climate Change (the Framework Convention) and the Kyoto Treaty, governments have adopted a country-specific reduction in CO2 initiatives such as greenhouse gas emissions etc.. After experiencing the pilot implementation of the carbon trading rights market in seven provinces and municipalities, in December 2017, the “Chinese National Carbon Emissions Trading Market Construction Plan (Power Generation Industry)” officially launched the national carbon emissions trading system. This paper outlines the empirical measures and development status of the domestic carbon emission trading rights market, lists the development status of the Guangzhou Carbon Emissions Exchange in Guangdong Province, and the shortcomings on carbon accounting, carbon emission data reporting, carbon allowances, etc. It also gives suggestions on the upper layer design, the establishment of sound carbon market infrastructure, capacity building and carbon financial instrument innovation, with a view to the long-term development of low-carbon economy in Guangdong Province that will provide further valuable experience for the construction of the national carbon market. VL - 7 IS - 4 ER -