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
Link To Document