欧盟碳排放权交易中期货市场与现货市场的价格联动机制研究  

Research on the Price Mechanism of the EU-ETS Carbon Emissions Trading in the Futures Market and Spot Market

作　　者：刘伟锋[1] 俞薇[1] 

机构地区：[1]中南财经政法大学,湖北武汉430073

出　　处：《区域金融研究》2015年第7期14-19,共6页Journal of Regional Financial Research

基　　金：中南财经政法大学研究生创新教育计划(2013B0408)

摘　　要：作为全球碳排放第一大国,中国政府于2002年通过签署《京都协定书》,遵循"共同承担但是有区别的责任"。随着2012年《京都议定书》第二阶段的到期,加之全球经济增速放缓、国际政治局势压力等因素,我国碳排放必将受到发达国家的制约压力,并有可能通过金融手段对国家经济金融体系制造掣肘和冲击。本文试图通过对碳排放权期现货合约相关性研究,思考碳市场层级增多、流动性增强后对市场完善度的影响,力求为加快推进我国碳交易市场体系建设提出政策建议。As the biggest global carbon emissions country, 2002, following the ＂Shared but differentiated responsibilities＂. 2012, together with the global economic slowdown, the political Chinese government signed the ＂Kyoto protocol＂ in As the second stage of Kyoto protocol at the end of situation of the international pressure, etc., China＇ s carbon emissions will be restricted by developed countries stress, and may impact on national economic and financial system through financial means. This article tries to study the relationship between spot and future contract of carbon emissions, think about carbon market level increase and liquidity enhancement to improve the degree of impact on the market, and put forward policy recommendations of carbon trading market system in order to accelerate the construction of our country.

关 键 词：碳金融 现货价格 期货价格 政策建议 

分 类 号：F830.9[经济管理—金融学]