ABSTRACT
Sewage charges and emissions trading for the environmental protection play an important role. And the establishment of the emission rights trading system is necessary. But now sewage charges and an emission trading of China play a very limited role. Present practice and trading of sewage charges also have many problems. The construction of a sound market mechanism and relative institutions is a key to environmental protection. This paper discusses the sewage charges, the status of trading system characteristics problems, and proposes some solutions.
Key words: Emission rights; Market transactions; Pollution control