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
Volume 7, Issue 6, November 2019, Pages: 161-167
Received: Dec. 11, 2019; Published: Dec. 23, 2019
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Authors
Jian Chen, International Business Faculty, Beijing Normal University, Zhuhai, China
Weilun Deng, International Business Faculty, Beijing Normal University, Zhuhai, China
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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.
Keywords
China, Carbon Trading Market, Electric Power Enterprises, Performance, Suggestions
To cite this article
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, International Journal of Environmental Protection and Policy. Vol. 7, No. 6, 2019, pp. 161-167. doi: 10.11648/j.ijepp.20190706.14
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