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The Study on Regulations of Low-Carbon Industry Development

Author: ZhuXiaoYan
Tutor: QuJianZhong
School: Shandong University of Technology
Course: Industrial Economics
Keywords: Regulation Low-Carbon Economy Low-Carbon Industry Development
CLC: X321
Type: Master's thesis
Year: 2011
Downloads: 220
Quote: 2
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Abstract


After industrialization, the use of fossil fuels results in the increase of the concentrations of carbon dioxide and the expansion of greenhouse effect, with environmental problems more and more serious. To solve such questions, low-carbon development is the fundamental way, that is to say, low-carbon-industry is an essential solution. At present, the developed countries consider developing low-carbon economy as a strategic objective, make use of regulatory instruments around low-carbon technology innovation such as carbon taxes, carbon emissions trading, carbon funds, and have obtained significant effects. In our country, as an important content, low-carbon economy is included in the Twelfth Five-Year Development Plan, in order to transfer the economic growth, get rid of energy and environment constraints, and achieve sustainable development.According to the traditional theory, if market failures exist such as public goods, asymmetric information, monopoly and externalities, government regulations will have the potential possibilities. Likewise, there are market failures in the process of low-carbon-industry development, and we need government regulations. Starting from the urgency of low-carbon-industry development and the need for government regulation in our country, combing with concrete practices of regulations in the developed countries and our existing regulations in fields of new-energy and high-carbon industries, this essay builds government regulation system on low-carbon-industry. Hoping for providing new ideas for better regulations on low-carbon-industry, the system includes setting clear regulatory objectives, establishing independent regulatory agencies, enacting clear regulatory basis and means combining market and administration, and taking performance management on such regulations.

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