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Research on green house financing mechanism based on carbon emissions trading

  • Lei Zhang*
  • , Yaowu Wang
  • , Bing Yao
  • *Corresponding author for this work
  • Harbin Institute of Technology

Research output: Contribution to journalArticlepeer-review

Abstract

The development of green house market is hindered by high development cost, financing difficulties and other factors. The carbon emissions trading market can increase the profit of green house development. This paper aims to study on how the carbon emissions trading system acts on green house market, and then to reveal the green house financing mechanism based on carbon emissions trading. On the basis of analyzing the current problems and the causes of green house financing, this paper designed the carbon emissions trading system for the housing industry, and defined the initial carbon emissions assigned to house developers as the emissions during the usage stage due to its low green degree. Through analyzing the relationship, market behavior, and financing desirability of financing stakeholders based on carbon emissions trading, this paper shows that there is a sustainable compensation for green cost under the carbon emissions trading market mechanism, which attracts house developers and financial institutions to develop and invest green house with low risks.

Original languageEnglish
Pages (from-to)220-224
Number of pages5
JournalTumu Gongcheng Xuebao/China Civil Engineering Journal
Volume44
Issue numberSUPPL. 1
StatePublished - Aug 2011

Keywords

  • Carbon emissions trading (CET)
  • Financing mechanism
  • Green house
  • System design

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