Progress and Prospect of Personal Carbon Trading

Abstract

With the improvement of living standards, the influence of the consumption of carbon emissions is increasingly obvious. In the industrial upgrading and transformation of the developed countries, the household consumption has become the main source of carbon emissions. Simply studying on carbon trading from the upstream areas of production can’t meet the requirements of future carbon emission reduction. It is necessary to study PCT. This paper introduces carbon trading research status of upstream production area, emphatically discusses the concept, feasibility and mechanism of PCT, and proposes to estimate and trade carbon emissions on private car sources, which occupies a larger proportion of the household consumption, based on the technology of the internet of things. In short, the research on PCT is a trend in the future, with some theoretical and application value.