Research Database

This paper presents a conceptual study of ASEAN countries, explore the possibility of developing carbon trading futures and options market from an economic perspective. Owing to market-based complementarity and an invisible hand in the economic market to influence the market and the difference in the development level of ASEAN countries, the joint planning of carbon trading mechanism (carbon trading emission rights mechanism) has become a great trend in the future. The ASEAN countries are currently at a stage of high industrial development; it also brings many pollution problems. How to maintain economic stability and even growth without prejudice to the environment is one aspect of the hard work of scholars studying environmental protection and economists jointly. This paper sets a framework for a carbon trading mechanism to study what impact it will have on the market economy and the environment. It is hoped that this creative idea will be realized and benefited mankind and nature in the future.