• DocumentCode
    2786431
  • Title

    The Simulation System of China´s Carbon Trading Based on Grey Prediction

  • Author

    Han Jieping ; Wei Yaqiong

  • Author_Institution
    Sch. of Econ. & Manage., Northeast Dianli Univ., Jilin, China
  • Volume
    4
  • fYear
    2011
  • fDate
    24-25 Sept. 2011
  • Firstpage
    273
  • Lastpage
    276
  • Abstract
    With the development of low carbon economy, it´s urgent to establish a wholesome carbon trading market in China. After analyzing related market rules and taking foreign successful carbon trading markets as an example, this paper tentatively constructs a national carbon trading simulation system. Under this system, users could do actual operations both in cap-and-trade and project trading. Besides, it offers trading figures for trading analyst and management. What´s important, with model, it also provides the forecast of future trading prices and volumes, which will help users make right decisions in time. The construction of this system would effectively help users completely understand the process of carbon trading, arouse their interests, guild them in technological innovation, and support enterprises with energy-efficient capability to drive the transformation of the social production mode.
  • Keywords
    environmental economics; grey systems; China´s; GM(1,1) model; cap-and-trade; carbon trading markets; energy efficient capability; grey prediction; low carbon economy; market rules; national carbon trading simulation system; project trading; social production mode; Carbon; Carbon dioxide; Educational institutions; Global warming; Meteorology; Predictive models; Technological innovation; Carbon credits; Carbon trading; Grey prediction;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Technology, Computer Engineering and Management Sciences (ICM), 2011 International Conference on
  • Conference_Location
    Nanjing, Jiangsu
  • Print_ISBN
    978-1-4577-1419-1
  • Type

    conf

  • DOI
    10.1109/ICM.2011.154
  • Filename
    6113746