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Carbon Emission Trading System of New Zealand and Its Enlightenment for China

Author

Listed:
  • Xiao, Yan
  • Li, Xiaoxue
Abstract
The design characteristics and operation results of carbon emission trading system of New Zealand was introduced in this paper. The results suggested that taking forest carbon trade as the only one supplying source of greenhouse gas emission improved the foreseeability in forest maintenance, and strengthened the effect of forestation. According to this, the author suggested that carbon emission trading market in which forest carbon trade was the only one supplying source should be cultivated in China. A compensation mechanism that industry compensated forestry should be established. A social participated, highly united, coordinated and mutual intermediated carbon trading market should be built.

Suggested Citation

  • Xiao, Yan & Li, Xiaoxue, 2013. "Carbon Emission Trading System of New Zealand and Its Enlightenment for China," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 5(07), pages 1-5, July.
  • Handle: RePEc:ags:asagre:155830
    DOI: 10.22004/ag.econ.155830
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    Cited by:

    1. Wang, Ke & Zhang, Xian & Yu, Xueying & Wei, Yi-Ming & Wang, Bin, 2016. "Emissions trading and abatement cost savings: An estimation of China's thermal power industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1005-1017.

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    Keywords

    Agribusiness;

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