The national carbon emission trading was officially launched at the Shanghai Environment and Energy Exchange. By 9:30, the first national carbon trade had been successfully brokered, with a price of 52.78 yuan per ton. A total of 160,000 tons were sold, with a transaction value of 7.9 million yuan. It is reported that the first batch of key emission units in the power generation industry to participate in the national carbon emission rights trading exceeded 2,162, and these enterprises' carbon emissions exceeded 4 billion tons of carbon dioxide, which means that China's carbon emission rights trading market will become the world's largest greenhouse gas emissions carbon market.

The official launch of carbon emission trading is an important milestone for the realization of China's "dual carbon" strategic goal, and it has also sent strong signals to the international community. The current carbon trading market can be understood as a "non-complete" carbon trading market for the following reasons. One is the limited industry, the first batch of carbon emission quota management is mainly power generation enterprises. Secondly, the investment bodies are limited. At present, enterprises are mainly involved in carbon trading, and institutional investors and individuals have not been included in the investment group. Third, the quota allocation is loose. The current quota mechanism is close to the actual emissions of enterprises and does not bring huge emission costs. This kind of "not complete all" ADAPTS to the development status of our current energy industry and is an effective link to the future complete carbon trading market and current carbon emission status. Other countries have also adopted this soft landing approach when launching carbon trading markets, giving businesses and markets a chance to adapt, and the relevant mechanisms will be gradually improved based on practice.

The arrival of carbon trading market can greatly promote the development of low-carbon industry and promote its replacement of high-carbon industry. The emergence of carbon trading will significantly increase the carbon emission cost of the high-carbon industry, and the low-carbon industry will gradually replace part of its share due to its cost advantages, which will also force the high-carbon industry to carry out the transformation of energy conservation and emission reduction, so as to reduce carbon emissions on the whole. Not only that, but more importantly, carbon trading market provides a new way to realize regional balanced development in the era of green development.

Just as stipulated in the Kyoto Protocol, there is a cost gap between developing countries and developed countries in the international carbon trading market, and this price gap is an important force to promote developed countries to help developing countries implement green development plans and narrow economic differences. According to the marginal theory and reality, developed countries have high carbon emission costs and small space, while developing countries have low energy efficiency and large space for carbon emission, which leads to the cost difference of carbon emission reduction among different countries. In order to fulfill their carbon emission reduction quota, developed countries must purchase emission reduction projects from developing countries. This to some extent promotes the development of green industries in developing countries.

So, too, is a domestic carbon market. Several carbon trading pilot cities are mainly developed cities, while cities with a high proportion of energy industry are mostly underdeveloped cities. The existence of carbon trading market mechanism will encourage developed cities to strengthen cooperation with less developed cities, jointly carry out emission reduction projects, and realize industrial green transformation. The next ten years is a critical period for China's industrial transformation and development. Carbon trading market will cut our carbon emission level from energy-consuming industry's green transformation and promoting balance of green development between regions, thus achieving "double carbon goals".

In the long run, the current "incomplete" carbon trading market is not "adequate", and there are many aspects that need to be further strengthened in future practice. The first is the quota, as previously mentioned, because it is early carbon trading market, the country is according to the enterprise production and a series of factors in proportion to determine the carbon emissions quotas of enterprise, the current quota is loose, the basic no too big difference with the enterprise's actual emissions, with the deepening of industry transformation and green development concept, the "rope" will gradually tight, It has become an important factor in standardizing the actual production and management of enterprises. Secondly, have quotas will lead to total, the current emissions is according to the quota of aggregation, the proportion of total soft constraint of strength is not enough, only the amount of set with clear standards according to actual condition, and according to the situation of industrial development and economic growth roadmap planning a long-term viable carbon amount change, reasonable guide market expectations and emission reduction work, In order to further play the important role of carbon trading. At the same time, it is also crucial to gradually bring into the carbon trading market system enterprises with high energy consumption and high carbon emissions, such as petrochemical industry.

Although carbon trading market is "not after all" market, but it is the most conforms to the situation of industry development in our country in the current market, also for the balanced development of regional green economy provides a new train of thought, with the deepening of the practice in the future, quotas, and a series of constraints will be more clear and strict, this will better play the role of carbon trading market for energy conservation and emissions reduction.