What Is the Emissions Trading Market?

Emissions trading is a foreign economic method of environmental management that can be used to control air pollution and is conducive to the improvement of environmental quality.

Emissions trading

Right!
Emissions trading is a foreign economic method of environmental management that can be used to control air pollution and is conducive to the improvement of environmental quality.
Chinese name
Emissions trading
Meaning
A foreign economic management means
Application
Air pollution control
Function
Conducive to the improvement of environmental quality
Treating pollution permits as a fixed "pollution right" and sewage charges as a "pollution price", thereby establishing a market where "pollution rights" can be traded. When the amount of pollutants emitted by an enterprise is less than its allowable emissions, the enterprise can sell the difference between its actual emissions and the allowable emissions to another enterprise or conduct a transaction, so that the other enterprise obtains a higher allowance Emissions have more emission rights. Emissions trading policy was pioneered by the United States. And widely used in air pollution control. Emissions trading policies are characterized by the fact that the decision-making power for the allocation of pollution control facilities is partly shifted from administrative authorities to enterprises. Its role is to reduce the total cost of pollution reduction, and at the same time promote the innovation of pollution control technology, which is conducive to the improvement of environmental quality.

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