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Carbon emission trading system is a kind of environmental institutional arrangement to solve externalities through market mechanism, which is one of the most effective ways to deal with climate change in China and to control air pollution represented by haze pollution. In accordance with the requirement of "using system to protect ecological environment", China should position carbon emission trading system as the basic legal system of environmental protection in the new Environmental Protection Law, and from the aspects of reasonable determination of total carbon emission control mechanism, allocation of carbon emission trading quota, selection of pricing mechanism, and improvement of government supervision mechanism, etc. To improve China's emissions trading system.
Zhongsen Zhang (Thu,) studied this question.