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What is the role of a carbon market?

What is the role of a carbon market?(图1)


The carbon emission right trading mechanism is to optimize the allocation of carbon emission space resources through the market mechanism and provide economic incentives for emission entities to reduce carbon emissions under the premise of setting mandatory total carbon emission control targets and allowing carbon emission quota trading Greenhouse gas emission reduction measures based on market mechanisms; carbon refers to greenhouse gases represented by carbon dioxide. Compared with emission reduction measures such as administrative directives and economic subsidies, the carbon emission rights trading mechanism is a low-cost and sustainable carbon emission reduction policy tool.

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English标签: carbon market

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