Abstract：There are two kinds of carbon emission trading systems: Voluntary Emission Reduction (VER) and Cap-and-Trade (CT). Different carbon emission trading systems demand different types of legislation. The existing laws on VER in China don't provide sufficient initiatives for buyers of carbon credits, making it very difficult to build and develop a voluntary market, so the legislative framework on VER should mainly focus on tax incentives for buyers and carbon emission quotas transferred from carbon credits as rewards to the buyers. The legislative framework of CT should set administrative licenses for carbon emission behaviors and make carbon emission quotas formulated by administrative licenses tradable, so that all trading behaviors of carbon emission quotas can be taken as legal behaviors by laws. Besides, it should also include such content as CT coverage, total control, initial allocation and monitoring, verifying systems and liabilities.
薄晓波1, 冯嘉2. 应对气候变化背景下我国碳排放交易立法框架内容探析[J]. 江苏大学学报（社会科学版）, 2013, 15(6): 61-68.
BAO Xiao-Bo-1, Feng-Jia-2. An Analysis of the Content of the Legislative Framework of China's Carbon Emission Trading System in Response to Climate Change. Journal of Jiangsu University（Social Science Editi, 2013, 15(6): 61-68.
2013, Vol. 15 
