"The Car Trading Revolution:How Companies
can achieve Economic and envirnmental win-win through CCER"
The Carbon Emissions Trading Scheme (CCER) is a market-driven approach that promotes climate change prevention and control by incentivizing companies to reduce greenhouse gas emissions
Carbon emissions trading scheme
The setting body (usually the government) first determines the overall greenhouse gas emissions target for the country or region. This total is then distributed to individual emitters to form emission quotas. Each unit should receive an emission quota equal to a portion of its actual emissions.
In order to realize the trading of emission rights, a carbon market has been established. In the carbon market, emission units can buy and sell emission rights. If a unit emits less than its allotted quota, it can sell the excess emission rights to other units.
Companies can earn additional carbon emission rights, known as CCErs, by implementing emission reduction projects. These projects usually include renewable energy projects, energy efficiency improvement projects, etc. Projects need to be certified to ensure that they make real, effective reductions in greenhouse gas emissions.
In the carbon market, emission units can buy or sell carbon emission rights according to the market price. Market prices are usually determined by supply and demand, national policies, and other factors. This market mechanism provides an incentive for units with lower emission reduction costs to make a profit by selling excess emission rights.
Emissions trading is usually regulated by governments. The government is responsible for setting emission reduction targets, managing the carbon market, ensuring compliance by emitters, and developing relevant regulations and policies to encourage the active participation of enterprises.
China's emissions trading scheme aims to encourage companies to reduce greenhouse gas emissions through market mechanisms. Companies can obtain CCers through emission reduction projects and then trade them on the carbon market.
International cooperation
Some countries or regions may participate in the international carbon market and trade carbon emission rights with other countries. Such international cooperation can help advance efforts to reduce emissions around the world.
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