Market Allocation Effectiveness and Establishment of Regional Emissions Trading Market

ZHENG Zhi-lai;Business School,Yancheng Normal University;

plan configuration;;market allocation;;emission rights;;emissions trading market

By analyzing the problems of high monitoring costs,difficult management and unreasonable system in current government emission rights allocation plans,the insufficient investment for pollution treatment of water users in plan configuration is analyzed by using incomplete information static game method.Then the comparative advantages of market allocation in pollutant amount control,reducing pollution control costs of water users,encouraging investment in pollution control of water users,and public participation in decision-making are analyzed and the oligopolistic competition model to prove the effectiveness of market allocation.Based on the above analysis,the emission rights market scoping is built in the basin and regional levels,the regional emissions trading is established based on the relevant legal system for defining emission rights,government management and supervision system and supporting service system,the function of third-party intermediary in the emissions trading market is paid attention,apattern the primary allocation market and secondary distribution market of emission rights are built by referencing the stock market mode.