Policy Research on China’s Carbon Market Regulation Mechanism

Abstract

Reasonable carbon market regulation mechanism can guide the efficient operation and development of carbon market. Content analysis is used to sort out and select relevant policy texts of carbon market regulation mechanism, through the two dimensions of carbon market regulation policy tools and carbon emission reduction, and analyzes the two paths of our government's regulation of carbon market, namely quantity regulation and price regulation. The results show that the adjustment measures of carbon emission quantity are specific and comprehensive, the adjustment measures of carbon emission price are relatively general and scarce. Some suggestions are put forward 1) Co-ordinating carbon emission quota indicators, formulating unified industry standards and trading mechanisms. 2) Improve the relevant policies, laws and regulations and system design of China's carbon market, and create a good carbon market trading environment. 3) Increase the carbon price control policy