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.
Highlights
With the rapid development of science and technology and the continuous improvement of the social and economic level, the environmental and resource problems we face are becoming increasingly prominent
Global warming caused by a large amount of greenhouse gas emissions has become an important issue affecting today's global development and cannot be ignored
The Chinese government promises that by 2020, China's carbon intensity will be 40%-45% lower than in 2005. This means that China is an important supplier of global carbon emissions trading and is favored by major developed countries
Summary
With the rapid development of science and technology and the continuous improvement of the social and economic level, the environmental and resource problems we face are becoming increasingly prominent. Global warming caused by a large amount of greenhouse gas emissions has become an important issue affecting today's global development and cannot be ignored. Since 2006, China has surpassed the United States as one of the world's largest carbon dioxide emitters and one of the developing countries with significant emission reduction potential. The Chinese government promises that by 2020, China's carbon intensity will be 40%-45% lower than in 2005. This means that China is an important supplier of global carbon emissions trading and is favored by major developed countries. As the industry with the highest carbon emissions, will face enormous opportunities and challenges
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