Policy Evaluation on Regional Emission Trade Market-A Simulation Analysis

摘要

With greatly enhanced economic development and human material, social development and the contradiction between the human bearing capacities of the environment is increasingly highlighted, in response to dramatic changes in climate, various countries have proposed a series of controlling greenhouse gas reduction exclusive strategies and initiatives. Carbon emission trade programs started since 2011 in China, seven cities/provinces were chosen as pilot areas, and a unified national carbon emission trade market is planned for commission at the end of 2016. The attendant problems of various carbon emission policies are validation and appropriateness. This study simulates the enterprises participating in a dynamic and uncertain carbon trade market and making carbon resource acquisition/disposition decisions under the impact of government policies regarding the control, quota allocation and auction, and emission reduction. It summarized, characterized, and analyzed the efficiency of the government policies under a Cap and Trade (C&T) condition in the management of a regional emission trade market.