Analysis of the Sustainable Development Potential of Emission Trading——Taking the SO2 Emission Trading in China's Power Industry as an Example

Author: Zhang Anhua
Publisher:
Publish Date: 2005-11-04
Features: Whether the environment can be sustainably protected and whether resources can be sustainably utilized are two major issues related to the sustainable development of human society. To protect the environment and effectively utilize resources, many countries have conducted extensive exploration, research, and practice on the emissions trading mechanism for pollution discharge rights. Based on summarizing the practical experience of emissions trading in some countries, this book applies the theory of sustainable development and adopts the analytical methods of new institutional economics, combining practical cases of sulfur dioxide (SO2) emissions in China's power industry, to conduct an in-depth analysis and research on the sustainable development potential of emissions trading. The book proposes innovative ideas in four aspects:
First, it introduces the concept of the sustainable development potential of emissions trading, conducts exploratory analysis and definition, and proposes a conceptual framework and basic methods for evaluating the sustainable development potential of emissions trading.
Second, it systematically analyzes the necessity and feasibility of establishing a SO2 emissions trading market in China's power industry, actively advocating for the establishment of such a market.
Third, it proposes relevant models for the establishment of a SO2 emissions trading market for coal-fired power generation enterprises in China and conducts quantitative calculations and analysis.
Fourth, it applies the theory of sustainable development and economic methods to conduct case studies and logical verification of the sustainable development potential of the SO2 emissions trading mechanism in China's power industry. The analysis demonstrates that the emissions trading mechanism is not only suitable for China but also has significant theoretical potential in multiple aspects, including cost efficiency, environmental effectiveness, and social equity and fairness.