A Study of the Influencing Factors on the Carbon Emission Trading Price in China Based on the Improved Gray Relational Analysis Model

Carbon emission trading market construction is an important policy tool to promote the realization of China’s “double carbon” goal. However, problems still exist, such as lack vitality, large difference in carbon prices between eight pilot markets and instability prices. In order explore key influencing factors on prices, 15 were selected study detail according policy, green industry, economy environment. Taking research subjects, we explored correlation degree each factor by using improved gray relational analysis model (GRAM) from two dimensions space time. The results show that dimension, industrial development level, low-carbon industries, air pollution technology maturity are main affect price areas. Meanwhile, time various both showed a downward trend whole, fluctuation individual was different overall trend. conclusion, can put forward recommendations pricing mechanism after this comprehensive study.