Accompanied by environmental problems，Develop a low -carbon economy、Promoting sustainable development has become an inevitable choice for human society。In recent years，my country's increasing attention to the construction of ecological civilization，I introduced a series of protection environment、Policies and measures to prevent pollution。Where，sulfur dioxide、Chemical oxygen and other water pollutants, as well as the emission right of greenhouse gases such as carbon dioxide，It becomes a negative externality for my country's spontaneous correction pollution through the market price mechanism、Promote the independent green technology innovation of enterprises、Then the important policy of coordinating the common development of economic and environmental development。From July 2002，Evolution rights exchanges have been established in many provinces and cities across the country，Sulfur dioxide pollution discharge transaction、Pilot policy of carbon transaction has also begun to implement。The report of the 19th National Congress of the Communist Party of China clearly emphasizes，To promote green development，Building a market -oriented green technology innovation system，This also injects new kinetic energy into the process of green technology innovation in my country。Current，my country is the largest seller in the international carbon trading market，Transaction volume accounts for about 60%of the global total。This further increases my country's demand for carbon emission reduction related technologies，It is also conducive to inspiring independent innovation of my country's carbon bet365 best casino games emission reduction technology。

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Carbon emission right transaction is mainly through the method of trading greenhouse gas reduction volume，Organic combination of emissions in the production process with market transactions，Open greenhouse gas emissions market to make companies more effectively achieve the goal of energy saving and emission reduction。With the development of the carbon trading market，In order to reduce the cost of emissions，It may adopt innovative green technology for greenhouse gas treatment，So as to sell the volume reduction in the carbon trading market or reduce the emission reduction of your own purchase，Obtain emission reduction profits。This affects the level of green technology innovation in my country from the micro level，and the transformation rate of the scientific research results of green technology entering the industrialization stage。other，Research on my country's carbon trading policy currently，It is mainly concentrated in the regional economy、Research on industry performance and corporate decision -making，less involved in the development level of regional green technology，It is difficult to reveal the impact of carbon transactions in green technology innovation。So，Study the promotion of carbon transactions on green technology innovation，Analysis of the principle of reducing emissions in the carbon trading market，Can provide theoretical reference for further combining the discharge charging policy and the carbon trading market，It is also actively participating in the carbon emissions transaction for enterprises、Realize emission reduction and development and use new green technology to provide theoretical basis。

Signals that can issue carbon emission prices due to carbon trading policy，Before the carbon transaction is actually Bet365 app download performed，First assume that companies in pilot areas have higher expectations for carbon emissions costs，The profit of the enterprise's innovation of green technology is equal to income (including the income obtained by the sale of the right to sell carbon emissions、The income brought about by the improvement of green innovation and the income from the income from the production of green products, etc.) minus the cost (including the cost of purchasing the right to buy carbon emissions、R & D cost of green innovation, etc.)。So，Maximizing the profit of emission enterprises，It will make an estimate of various income and cost，Decisions according to your own situation，Select whether to innovate the green technology、Innovative innovation in which technology，Or which kind of carbon emission right to buy。

　　Innovation game under the carbon trading policy

Current，The distribution method of carbon emission quotas adopted by 7 pilot provinces and cities in my country is the "Historical Evolution Method"，That is the historical emissions level based on the discharge enterprise，Free or part of the quota for free，This quota distribution method is mainly represented by the EU，Although it has strong operability，But for enterprises and companies with a sense of energy conservation and increasing production capacity，Not reasonable enough。First，For companies that already have energy saving awareness，Before the carbon transaction policy was implemented, it had invested a lot of funds for green technology，To promote the production method、Process transformation and technical upgrade，But the carbon emission quotas allocated by these companies are less，New technologies that lead to further development and emission reduction can bring less marginal utility，Then inhibit its willingness and power bet365 best casino games of green innovation，Turn to buy the right to buy carbon emissions。Second，Enterprises that increase production capacity faster，The quota allocation under this method only refers to the level of historical emissions，Unable to get additional carbon emissions quotas。The funds of this type of enterprise are strong，It is easier to get funds needed for green technology innovation，The use efficiency of the results of green technology will increase with the increase in production capacity，Therefore, the income of these companies to develop green technology will be higher。third，For companies that are developing green technology，After the carbon transaction policy is issued，This kind of enterprises will be more inclined to use new technologies to reduce emissions after starting carbon transactions，so that the company can get as many quotas as possible，Reduce the cost caused by carbon emission reduction。

Visible，For most discharge -controlled enterprises，Carbon transactions will increase corporate costs in the short term，That is, compared to the case without carbon transactions，The market competitiveness of most controlling enterprises will decline。In these companies，Enterprises with innovative potential will be committed to carrying out green technology innovation，to improve its own competitiveness; enterprises that do not have the corresponding potential，You can choose to buy the right to buy carbon emissions、Buy the right to use green patents or move out of the pilot area。First，If these companies choose to buy the right to buy carbon emissions，Then companies that sell carbon emission rights will get benefits，If these companies choose to buy the right to buy carbon emissions，The benefits obtained by selling carbon emission rights。Next，If these companies choose to buy the right to use green patents，Patent inventors bet365 best casino games will get some incentives while gaining benefits，Form the motivation for further research and development of green patents，The transfer of patent use rights is external，It can inspire companies that originally do not have the potential of green technology development to independently develop green patent technology。again，If these companies choose to move away from the pilot area，So you need to bear high cost，Including replacement of the plant、Re -construct the actual cost of supplier and customer relationship，and the opportunity cost of operating in the current state，and carry carbon transactions with more and more regions in my country，Enterprises are still facing the risk of starting carbon transactions soon after the new site moved into the new site。To sum up，The cost that companies that choose the third method need to bear more than the first two types，Comparison of comparison，Enterprises are more inclined to buy the right to use carbon emissions and green patents。So，mechanical analysis，Carbon trading policy can promote green technology innovation。

　　Carbon trading policy for green innovation incentives

We are based on the panel data of 33 provinces in China from 2006 to 2016，Use green patent data to measure the level of green technology innovation in the area，Use the DID method and the PSM-DID method，The impact of examining the pilot policy of carbon transaction on regional green technology innovation。Research results confirm，Carbon trading pilot policy helps to improve the level of green technology innovation in the region，After introducing a variety of control variables, the conclusion is still stable，The level of green technology innovation in the area has increased by 5%-7%。After the systematic differences in the pilot area of ​​the carbon transaction pilot through the PSM-DID method，Carbon trading pilot policy is still significantly promoted to improve the level of green technology innovation in the region。

Carbon trading policy as a market -oriented bet365 best casino games environmental regulation，It can effectively promote the level of green technology innovation in the region。With the full start of the national carbon emission right trading market in 2017，This policy will cause a larger -scale green technology innovation。In order to further guarantee and strengthen this positive role，It is necessary to have a region that has not established a market that has not established an emission equity，Increase policy encouragement、Fundamental support and technical support，steadily promoting the construction of the carbon market，Gradually establish a more comprehensive market for emission equity。At the same time，When the carbon emission quota is allocated，Pay attention to comprehensively calculate the company's due quotas，Considering the current emission reduction technology and historical reduction of displacement of displacement，Gives more relaxed emissions quotas for enterprises that have achieved significant emission reduction，Give a certain amount of emission reduction guidance to the enterprise in the starting state and relax the quantity of carbon emissions。Last，The scope of the control enterprise should be expanded to various industries，Encourage the sale of carbon emission rights in various fields，Increase the trading subject of the carbon market，to increase the transaction variety and quantity，Make the price of the carbon trading market more reasonable，Then promote the maturity and improvement of my country's carbon trading market。

　(This article is the Mechanism Research and Countermeasure Research Research and Countermeasures of the National Social Science Fund Youth Project of the National Social Science Fund "、A major project of the Ministry of Education's Humanities and Social Sciences Research Base "Research on the Economic Integration and Development of Cross -Strait Economic Integration under the New Situation" (16jjd790036) phased achievement)

(Author Unit: School of Economics, Xiamen University)