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Along with the continuous development of the pilot carbon trading market and the construction of a uniform CET market, it is essential to establish a reasonable allocation method for carbon emissions consistent with the development of the CET market in China. The reasonable allocation of carbon allowances is a key means to ensure the efficiency of the carbon emission trading system. China's carbon emission trading market is still in its initial phase, and there are still some problems to be improved in terms of carbon quotas. This paper compares the allocation system of China's carbon emission rights with that of the international carbon emission rights allocation system. It compellingly explores China's carbon emission right allocation system in recent years. Based on the strict baseline requirements, the paper makes innovative proposals to allocate carbon emission allowances based on auction allocation, supplement them with free distribution, and provides reasonable suggestions for developing the trading market of carbon emission rights in China.
Luqi Wang (Fri,) studied this question.