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Emissions Trading Mode in America and China and Its Future
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作者 Lijun Li Yanli Li Zhihui Song 《Chinese Business Review》 2004年第10期56-61,共6页
The emissions trading is a kind of sustainable development measures that is based on market mechanism, and its growing is closely connected with the market development level. The level of American emissions permits ma... The emissions trading is a kind of sustainable development measures that is based on market mechanism, and its growing is closely connected with the market development level. The level of American emissions permits market is relatively high, and also predicts the prospect of professional bourse pattern. Most of emissions permits transactions in China are organized by government environment authority, which make it lack of market function. Emissions permits is a kind of property rights. It is important and profitable, while the emissions trading market obviously possesses the two-class of original allocation and second-time transfer. But there are some decisive differences between emissions permits and ordinary transaction object, so the specialized bourse for emissions trading should be built. 展开更多
关键词 Emissions Market bourse Auction
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