A study on the design of a hybrid policy for carbon abatement

A necessary way to mitigate global warming is carbon reduction, which the international community is now actively promoting. China has committed a target goal for carbon reduction to the international society, and has devoted a great effort toward researching the impact of related policies. Carbon taxation and carbon trading are the two main mechanisms to advocate carbon abatement, which many countries have been using. Each of these two mechanisms possesses advantages and disadvantages, and an appropriate combination of them can make best use of their advantages while bypassing their disadvantages, creating a superior mechanism. In our opinion, the main differences between these two mechanisms are that carbon taxation has a lower institution cost(consisting of the related infrastructural investment and the regulation cost,etc), and is easier to operate, but lacks the flexibility in response to variations of market conditions. However, this flexibility is just the origin of risk, which increases the difficulty for firms in their decision of carbon abatement and is an indirect way to incentivize carbon abatement, compared to carbon trading, which has a more direct effect in carbon reduction. Based on the above observation, we present a hybrid mechanism of carbon abatement, which is an organized combination of carbon taxation and carbon trading. It consists of two parts: first, the carbon taxation, which has a progressive tax rate, second, the carbon trading. Small firms will only pay the carbon tax, while large firms, will first need to get the initial carbon emission quotas by some way, and then trade it in the carbon market if necessary. For firms with extra emissions,they will receive a punishment according to a high carbon tax rate. This hybrid policy considers the equity between different firms in carbon emission rights as well as the efficiency of the mechanism while decreasing the risk level for firms in the carbon emission decision, making it superior to the two previous policies. We also analyze the feasibility of this hybrid policy in China,address some important issues in the implementation of this hybrid policy in China and present the relevant suggestions. The discussion in this paper can serve as a reference to the government in the decision of carbon policies.

Strategy research of enterprises to cope with marketing environment changes

Enterprise is economic cell of society. Enterprise marketing activities are conducted under certain social conditions, which have countless ties with all aspects of society. In order to achieve the established marketing objectives, firms must carefully analyze and research marketing environment and strive to make company＇ s marketing plan and decisions adapt to the changing market environment, avoiding and overcoming the risks of environment changes, in the end to ensure an invincible position in the fierce market competition and constantly changing environment.

Priority-sequence of mineral resources' development and utilization based on grey relational analysis method

Generally, the sequence decision of the development and utilization of Chinese mineral resources is based on national and provincial overall plan of the mineral resources. Such plan usually cannot reflect the relative size of the suitability of the development and utilization of mineral resources. To solve the problem, the paper has selected the gift condition, the market condition, the technological condition,socio-economic condition and environmental condition as the starting-points to analyze the influential factors of the priority-sequence of mineral resources' development and utilization. The above 5 conditions are further specified into 9 evaluative indicators to establish an evaluation indicator system. At last,we propose a decision model of the priority sequence based on grey relational analysis method, and figure out the observation objects by the suitability index of development. Finally, the mineral resources of a certain province in China were analyzed as an example. The calculation results indicate that silver(2.0057), coal(1.9955), zinc(1.9442), cement limestone(1.9077), solvent limestone(1.5624) and other minerals in the province are suitable for development and utilization.