Construction of legal system of carbon emissions trading in China

Countries in the world have taken a variety of means to control carbon emissions based on the serious situation of global warming, the concept of low-carbon economy and the provisions about emissions in the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol. With the measures of emissions reductions, the system of carbon emissions trading is taking shape. It is necessary for China as the big natural resources consumption country to establish its own carbon emissions trading system. By introducing the carbon emissions trading system of the European Union, America and Japan, and analyzing the market and policies been formed, the carbon emissions trading system in China can be established from the initial configuration of the emissions rights, the subject and object of carbon emissions trading, establishing the carbon emissions trading exchange and supervising and regulating the carbon emissions trading.