Abstract
Aiming at the research topic of initial pollution emission right pricing, this paper combs the literature at home and abroad, and summarizes the literature research at home and abroad. The following conclusions are drawn: the relevant research can choose the initial discharge right of sewage as the research object, and construct the pricing model of the initial discharge right of the system dynamics sewage, which can not only calculate the price of the future emission right, but also distinguish the key factors that affect the initial emission right price, and provide some reference guidance to the Government and enterprises. It helps to better grasp the price of emission right; on the other hand, it can price the emission right of different parts of the same industry. It is expected to expand the system theory system of the initial discharge right of sewage, and to provide the basis for the relevant decision of the environmental management authorities.
Highlights
In recent years, with the intensification of global warming, water pollution, persistent haze, acid rain and other environmental pollution problems are becoming more and more prominent; industrial development has brought material abundance, and lets mankind face the predicament of high environmental pollution; water pollution has become one of the most serious environmental problems; water pollution mainly has two types of natural pollution and man-made pollution
The World Health Organization (WHO) survey found that 80% of diseases are directly related to the safety of drinking water; water pollution endangers life and health and hinders economic development, because the water function damage caused by the “water quality water shortage” has become the bottleneck of industrial development
He Mengxu (2011) in the perspective of financial engineering, this paper studies the pricing and initial distribution of carbon emission rights in China, and holds that options can be introduced into the pricing of carbon emission rights [11]
Summary
With the intensification of global warming, water pollution, persistent haze, acid rain and other environmental pollution problems are becoming more and more prominent; industrial development has brought material abundance, and lets mankind face the predicament of high environmental pollution; water pollution has become one of the most serious environmental problems; water pollution mainly has two types of natural pollution and man-made pollution. The difference between the two is 29 times, some regions refer to the initial distribution of emission rights in other regions, do not take into account the differences in the region, resulting in the price of emission rights too high or too low, unreasonable prices can effectively control pollution may cause emissions trading market chaos but hinder the promotion of emission rights trading work. The low price of emission right can not effectively motivate enterprises to reduce pollutant emissions, while exorbitant prices will inhibit the economic development of enterprises, reasonable pricing can achieve the effect of controlling and managing pollution, from the practical effect of the pilot of emission rights trading in China, the price difference of emission right for paid use in various regions is significant. It can provide a reference theoretical method for the pricing of initial discharge right of sewage, on the other hand, it has certain reference significance for promoting the pilot of emission right trading at home and abroad, and provides reference for other initial emission right pricing (such as sulfur dioxide emission trading, carbon dioxide emission right transaction) in other regions
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