Carbon Emission Trading System of New Zealand and Its Enlightenment for China

This paper introduces design characteristics and operation results of carbon emission trading system of New Zealand. The conclusion 　is that taking forest carbon trade as the only one supplying source of greenhouse gas emission improves the foreseeability in forest maintenance, and strengthens the effect of afforestation. According to this, the author suggest that carbon emission trading market in which forest carbon trade is the only one supplying source should be cultivated in China. A compensation mechanism that industry compensates forestry should be established. A social participated, highly united, coordinated and mutual intermediated carbon trading market should be built.