International Journal of Environmental Protection and Policy

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Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises

Received: Aug. 20, 2019    Accepted:     Published: Dec. 23, 2019
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Abstract

In recent decade, in order to cope with global climate change, carbon emissions trading markets have emerged around the world. As one of the important industries of the carbon trading market, power companies contributes a lot to the carbon emission mechanism. This paper systematically elaborates the current status of carbon emission trading markets at home and abroad. Taking electric power companies as an example, the authors of this paper analyze the performance system structure of power companies under the context of carbon emissions trading. Through data analysis, under the low-carbon green development policy in China, the carbon emissions trading market is important to the performance development of power companies. This article proposes in the end that the power companies should strive to strengthen internal cost management, actively introduce asset business management systems, and improve asset operation capabilities. At the same time, they should strengthen the development of low-carbon technologies, promote clean energy, and focus on sustainable development, in order to better adapt to carbon emissions trading markets and improve its corporate performance.

DOI 10.11648/j.ijepp.20190706.14
Published in International Journal of Environmental Protection and Policy ( Volume 7, Issue 6, November 2019 )
Page(s) 161-167
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

China, Carbon Trading Market, Electric Power Enterprises, Performance, Suggestions

References
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  • APA Style

    Jian Chen, Weilun Deng. (2019). Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises. International Journal of Environmental Protection and Policy, 7(6), 161-167. https://doi.org/10.11648/j.ijepp.20190706.14

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    ACS Style

    Jian Chen; Weilun Deng. Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises. Int. J. Environ. Prot. Policy 2019, 7(6), 161-167. doi: 10.11648/j.ijepp.20190706.14

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    AMA Style

    Jian Chen, Weilun Deng. Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises. Int J Environ Prot Policy. 2019;7(6):161-167. doi: 10.11648/j.ijepp.20190706.14

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  • @article{10.11648/j.ijepp.20190706.14,
      author = {Jian Chen and Weilun Deng},
      title = {Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises},
      journal = {International Journal of Environmental Protection and Policy},
      volume = {7},
      number = {6},
      pages = {161-167},
      doi = {10.11648/j.ijepp.20190706.14},
      url = {https://doi.org/10.11648/j.ijepp.20190706.14},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijepp.20190706.14},
      abstract = {In recent decade, in order to cope with global climate change, carbon emissions trading markets have emerged around the world. As one of the important industries of the carbon trading market, power companies contributes a lot to the carbon emission mechanism. This paper systematically elaborates the current status of carbon emission trading markets at home and abroad. Taking electric power companies as an example, the authors of this paper analyze the performance system structure of power companies under the context of carbon emissions trading. Through data analysis, under the low-carbon green development policy in China, the carbon emissions trading market is important to the performance development of power companies. This article proposes in the end that the power companies should strive to strengthen internal cost management, actively introduce asset business management systems, and improve asset operation capabilities. At the same time, they should strengthen the development of low-carbon technologies, promote clean energy, and focus on sustainable development, in order to better adapt to carbon emissions trading markets and improve its corporate performance.},
     year = {2019}
    }
    

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  • TY  - JOUR
    T1  - Study on the Impacts of the World’s Carbon Emission Trading Market on the Performance of China’s Electric Power Enterprises
    AU  - Jian Chen
    AU  - Weilun Deng
    Y1  - 2019/12/23
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    DO  - 10.11648/j.ijepp.20190706.14
    T2  - International Journal of Environmental Protection and Policy
    JF  - International Journal of Environmental Protection and Policy
    JO  - International Journal of Environmental Protection and Policy
    SP  - 161
    EP  - 167
    PB  - Science Publishing Group
    SN  - 2330-7536
    UR  - https://doi.org/10.11648/j.ijepp.20190706.14
    AB  - In recent decade, in order to cope with global climate change, carbon emissions trading markets have emerged around the world. As one of the important industries of the carbon trading market, power companies contributes a lot to the carbon emission mechanism. This paper systematically elaborates the current status of carbon emission trading markets at home and abroad. Taking electric power companies as an example, the authors of this paper analyze the performance system structure of power companies under the context of carbon emissions trading. Through data analysis, under the low-carbon green development policy in China, the carbon emissions trading market is important to the performance development of power companies. This article proposes in the end that the power companies should strive to strengthen internal cost management, actively introduce asset business management systems, and improve asset operation capabilities. At the same time, they should strengthen the development of low-carbon technologies, promote clean energy, and focus on sustainable development, in order to better adapt to carbon emissions trading markets and improve its corporate performance.
    VL  - 7
    IS  - 6
    ER  - 

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Author Information
  • International Business Faculty, Beijing Normal University, Zhuhai, China

  • International Business Faculty, Beijing Normal University, Zhuhai, China

  • Section