中國為達到“雙碳”目標，近年積極嘗試利用市場化的碳交易機制來控製二氧化碳排放，然而目前仍有全國性碳市場覆蓋產業少與交易機制未盡完善的問題，因此本文透過納入12個高污染產業並建立一個具減排技術進步的碳交易模型，用以探討不同的彈性機制設計下，各產業的交易行為與減排成本變化。結果顯示排放權的儲存、借用機制將顯著降低產業平均減排成本和碳價，下降幅度依次為17.96%、21.94%。電力業、道路運輸業為主要買方，水泥業因減排成本低則為最大的賣方。完全彈性機制下減排技術進步會產生約1.2兆人民幣的成本節約，但會對碳市場買方的數量以及主要買方的需求量有抑製效果。

In recent years, China has actively attempted to utilize market-based carbon trading mechanisms to control carbon dioxide emissions in order to achieve its "dual carbon" goals. However, challenges remain, such as the limited coverage of industries in the national carbon market and the underdeveloped nature of the trading mechanism. Therefore, this paper explores the trading behavior and abatement costs of different industries under various flexibility mechanisms by incorporating 12 high-pollution industries and establishing a carbon trading model with technological progress in emission reduction. The results show that the implementation of emissions rights banking and borrowing mechanisms significantly reduces the average abatement costs and carbon prices across industries, with reductions of 17.96% and 21.94%, respectively. The power and road transport sectors are the primary buyers, while the cement industry, due to its low abatement costs, emerges as the largest seller. Under a fully flexible mechanism, technological progress in emission reduction generates cost savings of approximately 1.2 trillion RMB, but it also exerts a suppressive effect on the number of carbon market buyers and the demand from major buyers.

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方愷、張琦峰、杜立民 (2021)。初始排放權分配對各省區碳交易策略及其減排成本的影響分析。《環境科學學報》，41 (2)，696-709。

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四、學位論文
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張凱盛 (2021)。《具彈性機制下之中國碳排放權交易市場整合分析》。碩士論文。國立清華大學經濟研究所。

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五、網路資料
Carbon Emission Accounts and Datasets (2021)。2021年中國省級各部門排放清單
中的碳排數據。取自https://www.ceads.net/。

China Carbon Neutrality Technology Database (2022)。中國各產業減排總成本的計
算核心公式。取自https://cntd.cityghg.com/。

China Carbon Neutrality Technology Database (2022)。中國各產業減排成本曲線。取自https://cntd.cityghg.com/。