id	sid	tid	token	lemma	pos
fbem-14096	1	1	frontiers	frontier	NOUN
fbem-14096	1	2	in	in	ADP
fbem-14096	1	3	business	business	NOUN
fbem-14096	1	4	,	,	PUNCT
fbem-14096	1	5	economics	economic	NOUN
fbem-14096	1	6	and	and	CCONJ
fbem-14096	1	7	management	management	NOUN
fbem-14096	1	8	issn	issn	PROPN
fbem-14096	1	9	:	:	PUNCT
fbem-14096	1	10	2766	2766	NUM
fbem-14096	1	11	-	-	PUNCT
fbem-14096	1	12	824x	824x	NUM
fbem-14096	1	13	|	|	ADJ
fbem-14096	1	14	vol	vol	NOUN
fbem-14096	1	15	.	.	PROPN
fbem-14096	2	1	12	12	NUM
fbem-14096	2	2	,	,	PUNCT
fbem-14096	2	3	no	no	INTJ
fbem-14096	2	4	.	.	NOUN
fbem-14096	2	5	1	1	NUM
fbem-14096	2	6	,	,	PUNCT
fbem-14096	2	7	2023	2023	NUM
fbem-14096	2	8	199	199	NUM
fbem-14096	2	9	the	the	DET
fbem-14096	2	10	influence	influence	NOUN
fbem-14096	2	11	of	of	ADP
fbem-14096	2	12	carbon	carbon	NOUN
fbem-14096	2	13	finance	finance	NOUN
fbem-14096	2	14	on	on	ADP
fbem-14096	2	15	roa‐an	roa‐an	ADJ
fbem-14096	2	16	empirical	empirical	ADJ
fbem-14096	2	17	study	study	NOUN
fbem-14096	2	18	based	base	VERB
fbem-14096	2	19	on	on	ADP
fbem-14096	2	20	carbon	carbon	NOUN
fbem-14096	2	21	trading	trading	NOUN
fbem-14096	2	22	data	datum	NOUN
fbem-14096	2	23	of	of	ADP
fbem-14096	2	24	domestic	domestic	ADJ
fbem-14096	2	25	enterprises	enterprise	NOUN
fbem-14096	2	26	yibo	yibo	PROPN
fbem-14096	3	1	huang1	huang1	PROPN
fbem-14096	3	2	,	,	PUNCT
fbem-14096	3	3	a	a	DET
fbem-14096	3	4	1century	1century	PROPN
fbem-14096	3	5	college	college	NOUN
fbem-14096	3	6	,	,	PUNCT
fbem-14096	3	7	beijing	beijing	PROPN
fbem-14096	3	8	university	university	PROPN
fbem-14096	3	9	of	of	ADP
fbem-14096	3	10	posts	post	NOUN
fbem-14096	3	11	and	and	CCONJ
fbem-14096	3	12	telecommunications	telecommunication	NOUN
fbem-14096	3	13	,	,	PUNCT
fbem-14096	3	14	beijing	beijing	PROPN
fbem-14096	3	15	,	,	PUNCT
fbem-14096	3	16	102101	102101	NUM
fbem-14096	3	17	,	,	PUNCT
fbem-14096	3	18	china	china	PROPN
fbem-14096	3	19	ae	ae	PROPN
fbem-14096	3	20	-	-	NOUN
fbem-14096	3	21	mail	mail	NOUN
fbem-14096	3	22	:	:	PUNCT
fbem-14096	3	23	huangyibohyb2023@163.com	huangyibohyb2023@163.com	X
fbem-14096	3	24	abstract	abstract	ADJ
fbem-14096	3	25	:	:	PUNCT
fbem-14096	3	26	with	with	ADP
fbem-14096	3	27	the	the	DET
fbem-14096	3	28	continuous	continuous	ADJ
fbem-14096	3	29	adjustment	adjustment	NOUN
fbem-14096	3	30	of	of	ADP
fbem-14096	3	31	human	human	ADJ
fbem-14096	3	32	living	living	NOUN
fbem-14096	3	33	space	space	NOUN
fbem-14096	3	34	by	by	ADP
fbem-14096	3	35	environmental	environmental	ADJ
fbem-14096	3	36	problems	problem	NOUN
fbem-14096	3	37	,	,	PUNCT
fbem-14096	3	38	more	more	ADJ
fbem-14096	3	39	and	and	CCONJ
fbem-14096	3	40	more	more	ADJ
fbem-14096	3	41	people	people	NOUN
fbem-14096	3	42	pay	pay	VERB
fbem-14096	3	43	more	more	ADJ
fbem-14096	3	44	attention	attention	NOUN
fbem-14096	3	45	to	to	ADP
fbem-14096	3	46	environmental	environmental	ADJ
fbem-14096	3	47	problems	problem	NOUN
fbem-14096	3	48	,	,	PUNCT
fbem-14096	3	49	and	and	CCONJ
fbem-14096	3	50	many	many	ADJ
fbem-14096	3	51	financial	financial	ADJ
fbem-14096	3	52	products	product	NOUN
fbem-14096	3	53	begin	begin	VERB
fbem-14096	3	54	to	to	PART
fbem-14096	3	55	enter	enter	VERB
fbem-14096	3	56	the	the	DET
fbem-14096	3	57	market	market	NOUN
fbem-14096	3	58	one	one	NOUN
fbem-14096	3	59	after	after	ADP
fbem-14096	3	60	another	another	PRON
fbem-14096	3	61	,	,	PUNCT
fbem-14096	3	62	and	and	CCONJ
fbem-14096	3	63	carbon	carbon	NOUN
fbem-14096	3	64	trading	trading	NOUN
fbem-14096	3	65	is	be	AUX
fbem-14096	3	66	one	one	NUM
fbem-14096	3	67	of	of	ADP
fbem-14096	3	68	them	they	PRON
fbem-14096	3	69	.	.	PUNCT
fbem-14096	4	1	this	this	DET
fbem-14096	4	2	paper	paper	NOUN
fbem-14096	4	3	aims	aim	VERB
fbem-14096	4	4	to	to	PART
fbem-14096	4	5	analyze	analyze	VERB
fbem-14096	4	6	the	the	DET
fbem-14096	4	7	trading	trading	NOUN
fbem-14096	4	8	data	datum	NOUN
fbem-14096	4	9	of	of	ADP
fbem-14096	4	10	shanghai	shanghai	PROPN
fbem-14096	4	11	environmental	environmental	PROPN
fbem-14096	4	12	energy	energy	PROPN
fbem-14096	4	13	exchange	exchange	NOUN
fbem-14096	4	14	through	through	ADP
fbem-14096	4	15	the	the	DET
fbem-14096	4	16	actual	actual	ADJ
fbem-14096	4	17	carbon	carbon	NOUN
fbem-14096	4	18	trading	trading	NOUN
fbem-14096	4	19	case	case	NOUN
fbem-14096	4	20	,	,	PUNCT
fbem-14096	4	21	and	and	CCONJ
fbem-14096	4	22	finally	finally	ADV
fbem-14096	4	23	draw	draw	VERB
fbem-14096	4	24	a	a	DET
fbem-14096	4	25	conclusion	conclusion	NOUN
fbem-14096	4	26	about	about	ADP
fbem-14096	4	27	how	how	SCONJ
fbem-14096	4	28	carbon	carbon	NOUN
fbem-14096	4	29	trading	trading	NOUN
fbem-14096	4	30	affects	affect	VERB
fbem-14096	4	31	roa	roa	PROPN
fbem-14096	4	32	of	of	ADP
fbem-14096	4	33	enterprises	enterprise	NOUN
fbem-14096	4	34	,	,	PUNCT
fbem-14096	4	35	and	and	CCONJ
fbem-14096	4	36	put	put	VERB
fbem-14096	4	37	forward	forward	ADP
fbem-14096	4	38	suggestions	suggestion	NOUN
fbem-14096	4	39	for	for	ADP
fbem-14096	4	40	improvement	improvement	NOUN
fbem-14096	4	41	in	in	ADP
fbem-14096	4	42	the	the	DET
fbem-14096	4	43	current	current	ADJ
fbem-14096	4	44	carbon	carbon	NOUN
fbem-14096	4	45	market	market	NOUN
fbem-14096	4	46	trading	trading	NOUN
fbem-14096	4	47	environment	environment	NOUN
fbem-14096	4	48	.	.	PUNCT
fbem-14096	5	1	keywords	keyword	NOUN
fbem-14096	5	2	:	:	PUNCT
fbem-14096	5	3	environmental	environmental	ADJ
fbem-14096	5	4	issues	issue	NOUN
fbem-14096	5	5	,	,	PUNCT
fbem-14096	5	6	carbon	carbon	NOUN
fbem-14096	5	7	trading	trading	NOUN
fbem-14096	5	8	,	,	PUNCT
fbem-14096	5	9	roa	roa	PROPN
fbem-14096	5	10	.	.	PROPN
fbem-14096	5	11	1	1	NUM
fbem-14096	5	12	.	.	X
fbem-14096	5	13	introduction	introduction	NOUN
fbem-14096	5	14	at	at	ADP
fbem-14096	5	15	the	the	DET
fbem-14096	5	16	beginning	beginning	NOUN
fbem-14096	5	17	of	of	ADP
fbem-14096	5	18	december	december	PROPN
fbem-14096	5	19	,	,	PUNCT
fbem-14096	5	20	1952	1952	NUM
fbem-14096	5	21	,	,	PUNCT
fbem-14096	5	22	the	the	DET
fbem-14096	5	23	air	air	NOUN
fbem-14096	5	24	over	over	ADP
fbem-14096	5	25	london	london	PROPN
fbem-14096	5	26	was	be	AUX
fbem-14096	5	27	affected	affect	VERB
fbem-14096	5	28	by	by	ADP
fbem-14096	5	29	an	an	DET
fbem-14096	5	30	anticyclone	anticyclone	NOUN
fbem-14096	5	31	,	,	PUNCT
fbem-14096	5	32	which	which	PRON
fbem-14096	5	33	caused	cause	VERB
fbem-14096	5	34	a	a	DET
fbem-14096	5	35	large	large	ADJ
fbem-14096	5	36	amount	amount	NOUN
fbem-14096	5	37	of	of	ADP
fbem-14096	5	38	coal	coal	NOUN
fbem-14096	5	39	-	-	PUNCT
fbem-14096	5	40	fired	fire	VERB
fbem-14096	5	41	waste	waste	NOUN
fbem-14096	5	42	gas	gas	NOUN
fbem-14096	5	43	emissions	emission	NOUN
fbem-14096	5	44	used	use	VERB
fbem-14096	5	45	in	in	ADP
fbem-14096	5	46	industrial	industrial	ADJ
fbem-14096	5	47	production	production	NOUN
fbem-14096	5	48	and	and	CCONJ
fbem-14096	5	49	life	life	NOUN
fbem-14096	5	50	to	to	PART
fbem-14096	5	51	accumulate	accumulate	VERB
fbem-14096	5	52	over	over	ADP
fbem-14096	5	53	the	the	DET
fbem-14096	5	54	city	city	NOUN
fbem-14096	5	55	.	.	PUNCT
fbem-14096	6	1	this	this	PRON
fbem-14096	6	2	made	make	VERB
fbem-14096	6	3	the	the	DET
fbem-14096	6	4	whole	whole	NOUN
fbem-14096	6	5	of	of	ADP
fbem-14096	6	6	london	london	PROPN
fbem-14096	6	7	shrouded	shroud	VERB
fbem-14096	6	8	in	in	ADP
fbem-14096	6	9	gloom	gloom	NOUN
fbem-14096	6	10	,	,	PUNCT
fbem-14096	6	11	which	which	PRON
fbem-14096	6	12	not	not	PART
fbem-14096	6	13	only	only	ADV
fbem-14096	6	14	disrupted	disrupt	VERB
fbem-14096	6	15	people	people	NOUN
fbem-14096	6	16	's	's	PART
fbem-14096	6	17	pace	pace	NOUN
fbem-14096	6	18	of	of	ADP
fbem-14096	6	19	life	life	NOUN
fbem-14096	6	20	,	,	PUNCT
fbem-14096	6	21	but	but	CCONJ
fbem-14096	6	22	also	also	ADV
fbem-14096	6	23	caused	cause	VERB
fbem-14096	6	24	great	great	ADJ
fbem-14096	6	25	harm	harm	NOUN
fbem-14096	6	26	to	to	ADP
fbem-14096	6	27	human	human	ADJ
fbem-14096	6	28	health	health	NOUN
fbem-14096	6	29	.	.	PUNCT
fbem-14096	7	1	afterwards	afterwards	ADV
fbem-14096	7	2	,	,	PUNCT
fbem-14096	7	3	it	it	PRON
fbem-14096	7	4	was	be	AUX
fbem-14096	7	5	counted	count	VERB
fbem-14096	7	6	that	that	SCONJ
fbem-14096	7	7	as	as	ADV
fbem-14096	7	8	many	many	ADJ
fbem-14096	7	9	as	as	ADP
fbem-14096	7	10	4,703	4,703	NUM
fbem-14096	7	11	people	people	NOUN
fbem-14096	7	12	died	die	VERB
fbem-14096	7	13	as	as	ADP
fbem-14096	7	14	a	a	DET
fbem-14096	7	15	result	result	NOUN
fbem-14096	7	16	of	of	ADP
fbem-14096	7	17	this	this	DET
fbem-14096	7	18	accident	accident	NOUN
fbem-14096	7	19	,	,	PUNCT
fbem-14096	7	20	which	which	PRON
fbem-14096	7	21	is	be	AUX
fbem-14096	7	22	now	now	ADV
fbem-14096	7	23	widely	widely	ADV
fbem-14096	7	24	known	know	VERB
fbem-14096	7	25	as	as	ADP
fbem-14096	7	26	the	the	DET
fbem-14096	7	27	"	"	PUNCT
fbem-14096	7	28	1952	1952	NUM
fbem-14096	7	29	london	london	PROPN
fbem-14096	7	30	smoke	smoke	NOUN
fbem-14096	7	31	incident	incident	NOUN
fbem-14096	7	32	"	"	PUNCT
fbem-14096	7	33	.	.	PUNCT
fbem-14096	8	1	this	this	DET
fbem-14096	8	2	incident	incident	NOUN
fbem-14096	8	3	is	be	AUX
fbem-14096	8	4	not	not	PART
fbem-14096	8	5	only	only	ADV
fbem-14096	8	6	a	a	DET
fbem-14096	8	7	wake	wake	VERB
fbem-14096	8	8	-	-	PUNCT
fbem-14096	8	9	up	up	ADP
fbem-14096	8	10	call	call	NOUN
fbem-14096	8	11	for	for	ADP
fbem-14096	8	12	human	human	ADJ
fbem-14096	8	13	beings	being	NOUN
fbem-14096	8	14	,	,	PUNCT
fbem-14096	8	15	but	but	CCONJ
fbem-14096	8	16	also	also	ADV
fbem-14096	8	17	makes	make	VERB
fbem-14096	8	18	the	the	DET
fbem-14096	8	19	whole	whole	ADJ
fbem-14096	8	20	society	society	NOUN
fbem-14096	8	21	fall	fall	VERB
fbem-14096	8	22	into	into	ADP
fbem-14096	8	23	thinking	thinking	NOUN
fbem-14096	8	24	about	about	ADP
fbem-14096	8	25	environmental	environmental	ADJ
fbem-14096	8	26	protection	protection	NOUN
fbem-14096	8	27	.	.	PUNCT
fbem-14096	9	1	in	in	ADP
fbem-14096	9	2	the	the	DET
fbem-14096	9	3	book	book	NOUN
fbem-14096	9	4	silent	silent	ADJ
fbem-14096	9	5	spring	spring	NOUN
fbem-14096	9	6	published	publish	VERB
fbem-14096	9	7	in	in	ADP
fbem-14096	9	8	1962	1962	NUM
fbem-14096	9	9	,	,	PUNCT
fbem-14096	9	10	the	the	DET
fbem-14096	9	11	importance	importance	NOUN
fbem-14096	9	12	of	of	ADP
fbem-14096	9	13	environmental	environmental	ADJ
fbem-14096	9	14	protection	protection	NOUN
fbem-14096	9	15	was	be	AUX
fbem-14096	9	16	exposed	expose	VERB
fbem-14096	9	17	.	.	PUNCT
fbem-14096	10	1	since	since	SCONJ
fbem-14096	10	2	then	then	ADV
fbem-14096	10	3	,	,	PUNCT
fbem-14096	10	4	human	human	ADJ
fbem-14096	10	5	beings	being	NOUN
fbem-14096	10	6	began	begin	VERB
fbem-14096	10	7	to	to	PART
fbem-14096	10	8	explore	explore	VERB
fbem-14096	10	9	and	and	CCONJ
fbem-14096	10	10	pursue	pursue	VERB
fbem-14096	10	11	the	the	DET
fbem-14096	10	12	methods	method	NOUN
fbem-14096	10	13	of	of	ADP
fbem-14096	10	14	environmental	environmental	ADJ
fbem-14096	10	15	protection	protection	NOUN
fbem-14096	10	16	.	.	PUNCT
fbem-14096	11	1	many	many	ADJ
fbem-14096	11	2	economists	economist	NOUN
fbem-14096	11	3	began	begin	VERB
fbem-14096	11	4	to	to	PART
fbem-14096	11	5	imagine	imagine	VERB
fbem-14096	11	6	using	use	VERB
fbem-14096	11	7	the	the	DET
fbem-14096	11	8	invisible	invisible	ADJ
fbem-14096	11	9	hand	hand	NOUN
fbem-14096	11	10	of	of	ADP
fbem-14096	11	11	market	market	NOUN
fbem-14096	11	12	mechanism	mechanism	NOUN
fbem-14096	11	13	to	to	PART
fbem-14096	11	14	automatically	automatically	ADV
fbem-14096	11	15	allocate	allocate	VERB
fbem-14096	11	16	resources	resource	NOUN
fbem-14096	11	17	,	,	PUNCT
fbem-14096	11	18	and	and	CCONJ
fbem-14096	11	19	then	then	ADV
fbem-14096	11	20	using	use	VERB
fbem-14096	11	21	other	other	ADJ
fbem-14096	11	22	methods	method	NOUN
fbem-14096	11	23	to	to	PART
fbem-14096	11	24	suppress	suppress	VERB
fbem-14096	11	25	the	the	DET
fbem-14096	11	26	pollution	pollution	NOUN
fbem-14096	11	27	problem	problem	NOUN
fbem-14096	11	28	from	from	ADP
fbem-14096	11	29	the	the	DET
fbem-14096	11	30	source	source	NOUN
fbem-14096	11	31	.	.	PUNCT
fbem-14096	12	1	based	base	VERB
fbem-14096	12	2	on	on	ADP
fbem-14096	12	3	this	this	DET
fbem-14096	12	4	exploration	exploration	NOUN
fbem-14096	12	5	environment	environment	NOUN
fbem-14096	12	6	,	,	PUNCT
fbem-14096	12	7	a	a	DET
fbem-14096	12	8	series	series	NOUN
fbem-14096	12	9	of	of	ADP
fbem-14096	12	10	different	different	ADJ
fbem-14096	12	11	financial	financial	ADJ
fbem-14096	12	12	products	product	NOUN
fbem-14096	12	13	and	and	CCONJ
fbem-14096	12	14	new	new	ADJ
fbem-14096	12	15	financial	financial	ADJ
fbem-14096	12	16	mechanisms	mechanism	NOUN
fbem-14096	12	17	have	have	AUX
fbem-14096	12	18	been	be	AUX
fbem-14096	12	19	launched	launch	VERB
fbem-14096	12	20	in	in	ADP
fbem-14096	12	21	the	the	DET
fbem-14096	12	22	market	market	NOUN
fbem-14096	12	23	,	,	PUNCT
fbem-14096	12	24	and	and	CCONJ
fbem-14096	12	25	carbon	carbon	NOUN
fbem-14096	12	26	finance	finance	NOUN
fbem-14096	12	27	is	be	AUX
fbem-14096	12	28	one	one	NUM
fbem-14096	12	29	of	of	ADP
fbem-14096	12	30	these	these	DET
fbem-14096	12	31	many	many	ADJ
fbem-14096	12	32	financial	financial	ADJ
fbem-14096	12	33	products	product	NOUN
fbem-14096	12	34	.	.	PUNCT
fbem-14096	13	1	in	in	ADP
fbem-14096	13	2	1968	1968	NUM
fbem-14096	13	3	,	,	PUNCT
fbem-14096	13	4	the	the	DET
fbem-14096	13	5	concept	concept	NOUN
fbem-14096	13	6	of	of	ADP
fbem-14096	13	7	carbon	carbon	NOUN
fbem-14096	13	8	finance	finance	NOUN
fbem-14096	13	9	was	be	AUX
fbem-14096	13	10	first	first	ADV
fbem-14096	13	11	proposed	propose	VERB
fbem-14096	13	12	.	.	PUNCT
fbem-14096	14	1	since	since	SCONJ
fbem-14096	14	2	1990	1990	NUM
fbem-14096	14	3	,	,	PUNCT
fbem-14096	14	4	the	the	DET
fbem-14096	14	5	clean	clean	PROPN
fbem-14096	14	6	air	air	PROPN
fbem-14096	14	7	act	act	PROPN
fbem-14096	14	8	amendment	amendment	PROPN
fbem-14096	14	9	passed	pass	VERB
fbem-14096	14	10	by	by	ADP
fbem-14096	14	11	the	the	DET
fbem-14096	14	12	us	us	PROPN
fbem-14096	14	13	congress	congress	PROPN
fbem-14096	14	14	has	have	AUX
fbem-14096	14	15	made	make	VERB
fbem-14096	14	16	people	people	NOUN
fbem-14096	14	17	see	see	VERB
fbem-14096	14	18	the	the	DET
fbem-14096	14	19	dawn	dawn	NOUN
fbem-14096	14	20	.	.	PUNCT
fbem-14096	15	1	the	the	DET
fbem-14096	15	2	amendment	amendment	NOUN
fbem-14096	15	3	established	establish	VERB
fbem-14096	15	4	the	the	DET
fbem-14096	15	5	"	"	PUNCT
fbem-14096	15	6	total	total	ADJ
fbem-14096	15	7	limit	limit	NOUN
fbem-14096	15	8	and	and	CCONJ
fbem-14096	15	9	trade	trade	NOUN
fbem-14096	15	10	"	"	PUNCT
fbem-14096	15	11	of	of	ADP
fbem-14096	15	12	sulfur	sulfur	NOUN
fbem-14096	15	13	dioxide	dioxide	NOUN
fbem-14096	15	14	gas	gas	NOUN
fbem-14096	15	15	emission	emission	NOUN
fbem-14096	15	16	quota	quota	NOUN
fbem-14096	15	17	,	,	PUNCT
fbem-14096	15	18	and	and	CCONJ
fbem-14096	15	19	the	the	DET
fbem-14096	15	20	clean	clean	ADJ
fbem-14096	15	21	development	development	NOUN
fbem-14096	15	22	mechanism	mechanism	NOUN
fbem-14096	15	23	(	(	PUNCT
fbem-14096	15	24	cdm	cdm	NOUN
fbem-14096	15	25	)	)	PUNCT
fbem-14096	15	26	and	and	CCONJ
fbem-14096	15	27	carbon	carbon	NOUN
fbem-14096	15	28	trading	trading	NOUN
fbem-14096	15	29	market	market	NOUN
fbem-14096	15	30	began	begin	VERB
fbem-14096	15	31	to	to	PART
fbem-14096	15	32	form	form	VERB
fbem-14096	15	33	.	.	PUNCT
fbem-14096	16	1	in	in	ADP
fbem-14096	16	2	2005	2005	NUM
fbem-14096	16	3	,	,	PUNCT
fbem-14096	16	4	the	the	DET
fbem-14096	16	5	european	european	PROPN
fbem-14096	16	6	union	union	PROPN
fbem-14096	16	7	launched	launch	VERB
fbem-14096	16	8	the	the	DET
fbem-14096	16	9	world	world	NOUN
fbem-14096	16	10	's	's	PART
fbem-14096	16	11	first	first	ADJ
fbem-14096	16	12	carbon	carbon	NOUN
fbem-14096	16	13	trading	trading	NOUN
fbem-14096	16	14	market	market	NOUN
fbem-14096	16	15	,	,	PUNCT
fbem-14096	16	16	and	and	CCONJ
fbem-14096	16	17	on	on	ADP
fbem-14096	16	18	february	february	PROPN
fbem-14096	16	19	16th	16th	NOUN
fbem-14096	16	20	of	of	ADP
fbem-14096	16	21	the	the	DET
fbem-14096	16	22	same	same	ADJ
fbem-14096	16	23	year	year	NOUN
fbem-14096	16	24	,	,	PUNCT
fbem-14096	16	25	the	the	DET
fbem-14096	16	26	kyoto	kyoto	PROPN
fbem-14096	16	27	protocol	protocol	PROPN
fbem-14096	16	28	came	come	VERB
fbem-14096	16	29	into	into	ADP
fbem-14096	16	30	effect	effect	NOUN
fbem-14096	16	31	.	.	PUNCT
fbem-14096	17	1	according	accord	VERB
fbem-14096	17	2	to	to	ADP
fbem-14096	17	3	the	the	DET
fbem-14096	17	4	regulations	regulation	NOUN
fbem-14096	17	5	,	,	PUNCT
fbem-14096	17	6	in	in	ADP
fbem-14096	17	7	order	order	NOUN
fbem-14096	17	8	to	to	PART
fbem-14096	17	9	realize	realize	VERB
fbem-14096	17	10	the	the	DET
fbem-14096	17	11	obligation	obligation	NOUN
fbem-14096	17	12	of	of	ADP
fbem-14096	17	13	greenhouse	greenhouse	NOUN
fbem-14096	17	14	gas	gas	NOUN
fbem-14096	17	15	emission	emission	NOUN
fbem-14096	17	16	reduction	reduction	NOUN
fbem-14096	17	17	,	,	PUNCT
fbem-14096	17	18	developed	develop	VERB
fbem-14096	17	19	country	country	NOUN
fbem-14096	17	20	parties	party	NOUN
fbem-14096	17	21	must	must	AUX
fbem-14096	17	22	reduce	reduce	VERB
fbem-14096	17	23	the	the	DET
fbem-14096	17	24	greenhouse	greenhouse	NOUN
fbem-14096	17	25	gas	gas	NOUN
fbem-14096	17	26	emission	emission	NOUN
fbem-14096	17	27	level	level	NOUN
fbem-14096	17	28	by	by	ADP
fbem-14096	17	29	5.2	5.2	NUM
fbem-14096	17	30	%	%	NOUN
fbem-14096	17	31	on	on	ADP
fbem-14096	17	32	average	average	NOUN
fbem-14096	17	33	from	from	ADP
fbem-14096	17	34	2005	2005	NUM
fbem-14096	17	35	to	to	ADP
fbem-14096	17	36	2012	2012	NUM
fbem-14096	17	37	,	,	PUNCT
fbem-14096	17	38	because	because	SCONJ
fbem-14096	17	39	the	the	DET
fbem-14096	17	40	cost	cost	NOUN
fbem-14096	17	41	of	of	ADP
fbem-14096	17	42	greenhouse	greenhouse	NOUN
fbem-14096	17	43	gas	gas	NOUN
fbem-14096	17	44	emission	emission	NOUN
fbem-14096	17	45	reduction	reduction	NOUN
fbem-14096	17	46	in	in	ADP
fbem-14096	17	47	developed	develop	VERB
fbem-14096	17	48	countries	country	NOUN
fbem-14096	17	49	is	be	AUX
fbem-14096	17	50	several	several	ADJ
fbem-14096	17	51	times	time	NOUN
fbem-14096	17	52	or	or	CCONJ
fbem-14096	17	53	even	even	ADV
fbem-14096	17	54	dozens	dozen	NOUN
fbem-14096	17	55	of	of	ADP
fbem-14096	17	56	times	time	NOUN
fbem-14096	17	57	that	that	SCONJ
fbem-14096	17	58	in	in	ADP
fbem-14096	17	59	developing	develop	VERB
fbem-14096	17	60	countries	country	NOUN
fbem-14096	17	61	.	.	PUNCT
fbem-14096	18	1	in	in	ADP
fbem-14096	18	2	may	may	PROPN
fbem-14096	18	3	2023	2023	NUM
fbem-14096	18	4	,	,	PUNCT
fbem-14096	18	5	a	a	DET
fbem-14096	18	6	total	total	NOUN
fbem-14096	18	7	of	of	ADP
fbem-14096	18	8	7,636	7,636	NUM
fbem-14096	18	9	cdm	cdm	NOUN
fbem-14096	18	10	projects	project	NOUN
fbem-14096	18	11	were	be	AUX
fbem-14096	18	12	registered	register	VERB
fbem-14096	18	13	in	in	ADP
fbem-14096	18	14	the	the	DET
fbem-14096	18	15	world	world	NOUN
fbem-14096	18	16	,	,	PUNCT
fbem-14096	18	17	among	among	ADP
fbem-14096	18	18	which	which	PRON
fbem-14096	18	19	china	china	PROPN
fbem-14096	18	20	was	be	AUX
fbem-14096	18	21	the	the	DET
fbem-14096	18	22	largest	large	ADJ
fbem-14096	18	23	participant	participant	NOUN
fbem-14096	18	24	and	and	CCONJ
fbem-14096	18	25	contributor	contributor	NOUN
fbem-14096	18	26	to	to	ADP
fbem-14096	18	27	cdm	cdm	PROPN
fbem-14096	18	28	,	,	PUNCT
fbem-14096	18	29	accounting	account	VERB
fbem-14096	18	30	for	for	ADP
fbem-14096	18	31	50.7	50.7	NUM
fbem-14096	18	32	%	%	NOUN
fbem-14096	18	33	of	of	ADP
fbem-14096	18	34	the	the	DET
fbem-14096	18	35	global	global	ADJ
fbem-14096	18	36	total	total	NOUN
fbem-14096	18	37	.	.	PUNCT
fbem-14096	19	1	the	the	DET
fbem-14096	19	2	types	type	NOUN
fbem-14096	19	3	and	and	CCONJ
fbem-14096	19	4	geographical	geographical	ADJ
fbem-14096	19	5	distribution	distribution	NOUN
fbem-14096	19	6	of	of	ADP
fbem-14096	19	7	cdm	cdm	PROPN
fbem-14096	19	8	projects	project	NOUN
fbem-14096	19	9	are	be	AUX
fbem-14096	19	10	more	more	ADV
fbem-14096	19	11	diversified	diversified	ADJ
fbem-14096	19	12	.	.	PUNCT
fbem-14096	20	1	in	in	ADP
fbem-14096	20	2	order	order	NOUN
fbem-14096	20	3	to	to	PART
fbem-14096	20	4	improve	improve	VERB
fbem-14096	20	5	the	the	DET
fbem-14096	20	6	sustainable	sustainable	ADJ
fbem-14096	20	7	development	development	NOUN
fbem-14096	20	8	benefits	benefit	NOUN
fbem-14096	20	9	and	and	CCONJ
fbem-14096	20	10	social	social	ADJ
fbem-14096	20	11	equity	equity	NOUN
fbem-14096	20	12	of	of	ADP
fbem-14096	20	13	cdm	cdm	PROPN
fbem-14096	20	14	projects	project	NOUN
fbem-14096	20	15	,	,	PUNCT
fbem-14096	20	16	all	all	DET
fbem-14096	20	17	parties	party	NOUN
fbem-14096	20	18	actively	actively	ADV
fbem-14096	20	19	explore	explore	VERB
fbem-14096	20	20	and	and	CCONJ
fbem-14096	20	21	develop	develop	VERB
fbem-14096	20	22	more	more	ADJ
fbem-14096	20	23	cdm	cdm	NOUN
fbem-14096	20	24	projects	project	NOUN
fbem-14096	20	25	involving	involve	VERB
fbem-14096	20	26	energy	energy	NOUN
fbem-14096	20	27	efficiency	efficiency	NOUN
fbem-14096	20	28	,	,	PUNCT
fbem-14096	20	29	transportation	transportation	NOUN
fbem-14096	20	30	,	,	PUNCT
fbem-14096	20	31	architecture	architecture	NOUN
fbem-14096	20	32	,	,	PUNCT
fbem-14096	20	33	cities	city	NOUN
fbem-14096	20	34	and	and	CCONJ
fbem-14096	20	35	other	other	ADJ
fbem-14096	20	36	fields	field	NOUN
fbem-14096	20	37	.	.	PUNCT
fbem-14096	21	1	with	with	ADP
fbem-14096	21	2	the	the	DET
fbem-14096	21	3	expansion	expansion	NOUN
fbem-14096	21	4	of	of	ADP
fbem-14096	21	5	carbon	carbon	NOUN
fbem-14096	21	6	trading	trading	NOUN
fbem-14096	21	7	in	in	ADP
fbem-14096	21	8	the	the	DET
fbem-14096	21	9	domestic	domestic	ADJ
fbem-14096	21	10	market	market	NOUN
fbem-14096	21	11	,	,	PUNCT
fbem-14096	21	12	china	china	PROPN
fbem-14096	21	13	attaches	attach	VERB
fbem-14096	21	14	importance	importance	NOUN
fbem-14096	21	15	to	to	ADP
fbem-14096	21	16	the	the	DET
fbem-14096	21	17	carbon	carbon	NOUN
fbem-14096	21	18	trading	trading	NOUN
fbem-14096	21	19	market	market	NOUN
fbem-14096	21	20	,	,	PUNCT
fbem-14096	21	21	and	and	CCONJ
fbem-14096	21	22	analyzes	analyze	VERB
fbem-14096	21	23	the	the	DET
fbem-14096	21	24	domestic	domestic	ADJ
fbem-14096	21	25	carbon	carbon	NOUN
fbem-14096	21	26	emission	emission	NOUN
fbem-14096	21	27	market	market	NOUN
fbem-14096	21	28	.	.	PUNCT
fbem-14096	22	1	scholars	scholar	NOUN
fbem-14096	22	2	use	use	VERB
fbem-14096	22	3	cedi	cedi	NOUN
fbem-14096	22	4	(	(	PUNCT
fbem-14096	22	5	carbon	carbon	NOUN
fbem-14096	22	6	intensity	intensity	NOUN
fbem-14096	22	7	)	)	PUNCT
fbem-14096	22	8	as	as	ADP
fbem-14096	22	9	a	a	DET
fbem-14096	22	10	measure	measure	NOUN
fbem-14096	22	11	to	to	PART
fbem-14096	22	12	evaluate	evaluate	VERB
fbem-14096	22	13	carbon	carbon	NOUN
fbem-14096	22	14	dioxide	dioxide	NOUN
fbem-14096	22	15	emissions	emission	NOUN
fbem-14096	22	16	,	,	PUNCT
fbem-14096	22	17	and	and	CCONJ
fbem-14096	22	18	all	all	DET
fbem-14096	22	19	parties	party	NOUN
fbem-14096	22	20	actively	actively	ADV
fbem-14096	22	21	explore	explore	VERB
fbem-14096	22	22	and	and	CCONJ
fbem-14096	22	23	develop	develop	VERB
fbem-14096	22	24	more	more	ADJ
fbem-14096	22	25	fields	field	NOUN
fbem-14096	22	26	involving	involve	VERB
fbem-14096	22	27	energy	energy	NOUN
fbem-14096	22	28	efficiency	efficiency	NOUN
fbem-14096	22	29	,	,	PUNCT
fbem-14096	22	30	transportation	transportation	NOUN
fbem-14096	22	31	,	,	PUNCT
fbem-14096	22	32	architecture	architecture	NOUN
fbem-14096	22	33	,	,	PUNCT
fbem-14096	22	34	cities	city	NOUN
fbem-14096	22	35	and	and	CCONJ
fbem-14096	22	36	so	so	ADV
fbem-14096	22	37	on	on	ADV
fbem-14096	22	38	.	.	PUNCT
fbem-14096	23	1	according	accord	VERB
fbem-14096	23	2	to	to	ADP
fbem-14096	23	3	zhao	zhao	PROPN
fbem-14096	23	4	changle	changle	PROPN
fbem-14096	23	5	's	's	PART
fbem-14096	23	6	problems	problem	NOUN
fbem-14096	23	7	and	and	CCONJ
fbem-14096	23	8	countermeasures	countermeasure	NOUN
fbem-14096	23	9	in	in	ADP
fbem-14096	23	10	the	the	DET
fbem-14096	23	11	development	development	NOUN
fbem-14096	23	12	of	of	ADP
fbem-14096	23	13	china	china	PROPN
fbem-14096	23	14	's	's	PART
fbem-14096	23	15	carbon	carbon	NOUN
fbem-14096	23	16	trading	trading	NOUN
fbem-14096	23	17	market	market	NOUN
fbem-14096	23	18	,	,	PUNCT
fbem-14096	23	19	cai	cai	PROPN
fbem-14096	23	20	yuhan	yuhan	PROPN
fbem-14096	23	21	's	's	PART
fbem-14096	23	22	research	research	NOUN
fbem-14096	23	23	on	on	ADP
fbem-14096	23	24	the	the	DET
fbem-14096	23	25	status	status	NOUN
fbem-14096	23	26	quo	quo	NOUN
fbem-14096	23	27	and	and	CCONJ
fbem-14096	23	28	problems	problem	NOUN
fbem-14096	23	29	of	of	ADP
fbem-14096	23	30	china	china	PROPN
fbem-14096	23	31	's	's	PART
fbem-14096	23	32	carbon	carbon	NOUN
fbem-14096	23	33	trading	trading	NOUN
fbem-14096	23	34	market	market	NOUN
fbem-14096	23	35	and	and	CCONJ
fbem-14096	23	36	lin	lin	PROPN
fbem-14096	23	37	yunhua	yunhua	PROPN
fbem-14096	23	38	's	's	PART
fbem-14096	23	39	development	development	NOUN
fbem-14096	23	40	status	status	NOUN
fbem-14096	23	41	quo	quo	NOUN
fbem-14096	23	42	of	of	ADP
fbem-14096	23	43	carbon	carbon	NOUN
fbem-14096	23	44	finance	finance	NOUN
fbem-14096	23	45	business	business	NOUN
fbem-14096	23	46	at	at	ADP
fbem-14096	23	47	home	home	NOUN
fbem-14096	23	48	and	and	CCONJ
fbem-14096	23	49	abroad	abroad	ADV
fbem-14096	23	50	,	,	PUNCT
fbem-14096	23	51	at	at	ADP
fbem-14096	23	52	present	present	ADJ
fbem-14096	23	53	,	,	PUNCT
fbem-14096	23	54	china	china	PROPN
fbem-14096	23	55	must	must	AUX
fbem-14096	23	56	improve	improve	VERB
fbem-14096	23	57	the	the	DET
fbem-14096	23	58	laws	law	NOUN
fbem-14096	23	59	and	and	CCONJ
fbem-14096	23	60	regulations	regulation	NOUN
fbem-14096	23	61	on	on	ADP
fbem-14096	23	62	carbon	carbon	NOUN
fbem-14096	23	63	trading	trading	NOUN
fbem-14096	23	64	as	as	ADV
fbem-14096	23	65	soon	soon	ADV
fbem-14096	23	66	as	as	ADP
fbem-14096	23	67	possible	possible	ADJ
fbem-14096	23	68	and	and	CCONJ
fbem-14096	23	69	establish	establish	VERB
fbem-14096	23	70	a	a	DET
fbem-14096	23	71	good	good	ADJ
fbem-14096	23	72	external	external	ADJ
fbem-14096	23	73	operation	operation	NOUN
fbem-14096	23	74	mechanism[1	mechanism[1	NOUN
fbem-14096	23	75	-	-	SYM
fbem-14096	23	76	3	3	NUM
fbem-14096	23	77	]	]	PUNCT
fbem-14096	23	78	.	.	PUNCT
fbem-14096	24	1	for	for	ADP
fbem-14096	24	2	example	example	NOUN
fbem-14096	24	3	,	,	PUNCT
fbem-14096	24	4	there	there	PRON
fbem-14096	24	5	are	be	VERB
fbem-14096	24	6	few	few	ADJ
fbem-14096	24	7	carbon	carbon	NOUN
fbem-14096	24	8	trading	trading	NOUN
fbem-14096	24	9	resources	resource	NOUN
fbem-14096	24	10	available	available	ADJ
fbem-14096	24	11	in	in	ADP
fbem-14096	24	12	low	low	ADV
fbem-14096	24	13	-	-	PUNCT
fbem-14096	24	14	developed	develop	VERB
fbem-14096	24	15	areas	area	NOUN
fbem-14096	24	16	,	,	PUNCT
fbem-14096	24	17	and	and	CCONJ
fbem-14096	24	18	enterprises	enterprise	NOUN
fbem-14096	24	19	lack	lack	VERB
fbem-14096	24	20	understanding	understanding	NOUN
fbem-14096	24	21	of	of	ADP
fbem-14096	24	22	relevant	relevant	ADJ
fbem-14096	24	23	regulations	regulation	NOUN
fbem-14096	24	24	on	on	ADP
fbem-14096	24	25	carbon	carbon	NOUN
fbem-14096	24	26	trading	trading	NOUN
fbem-14096	24	27	,	,	PUNCT
fbem-14096	24	28	which	which	PRON
fbem-14096	24	29	leads	lead	VERB
fbem-14096	24	30	to	to	ADP
fbem-14096	24	31	excessive	excessive	ADJ
fbem-14096	24	32	carbon	carbon	NOUN
fbem-14096	24	33	emissions	emission	NOUN
fbem-14096	24	34	.	.	PUNCT
fbem-14096	25	1	while	while	SCONJ
fbem-14096	25	2	operating	operate	VERB
fbem-14096	25	3	carbon	carbon	NOUN
fbem-14096	25	4	trading	trading	NOUN
fbem-14096	25	5	,	,	PUNCT
fbem-14096	25	6	enterprises	enterprise	NOUN
fbem-14096	25	7	lack	lack	VERB
fbem-14096	25	8	certain	certain	ADJ
fbem-14096	25	9	attention	attention	NOUN
fbem-14096	25	10	to	to	ADP
fbem-14096	25	11	carbon	carbon	NOUN
fbem-14096	25	12	trading	trading	NOUN
fbem-14096	25	13	derivatives	derivative	NOUN
fbem-14096	25	14	and	and	CCONJ
fbem-14096	25	15	related	relate	VERB
fbem-14096	25	16	development	development	NOUN
fbem-14096	25	17	strategies	strategy	NOUN
fbem-14096	25	18	.	.	PUNCT
fbem-14096	26	1	among	among	ADP
fbem-14096	26	2	the	the	DET
fbem-14096	26	3	contents	content	NOUN
fbem-14096	26	4	mentioned	mention	VERB
fbem-14096	26	5	in	in	ADP
fbem-14096	26	6	the	the	DET
fbem-14096	26	7	development	development	NOUN
fbem-14096	26	8	status	status	NOUN
fbem-14096	26	9	of	of	ADP
fbem-14096	26	10	carbon	carbon	NOUN
fbem-14096	26	11	finance	finance	NOUN
fbem-14096	26	12	business	business	NOUN
fbem-14096	26	13	at	at	ADP
fbem-14096	26	14	home	home	NOUN
fbem-14096	26	15	and	and	CCONJ
fbem-14096	26	16	abroad	abroad	ADV
fbem-14096	26	17	,	,	PUNCT
fbem-14096	26	18	there	there	PRON
fbem-14096	26	19	are	be	VERB
fbem-14096	26	20	two	two	NUM
fbem-14096	26	21	points	point	NOUN
fbem-14096	26	22	worth	worth	ADJ
fbem-14096	26	23	noting	note	VERB
fbem-14096	26	24	:	:	PUNCT
fbem-14096	26	25	(	(	PUNCT
fbem-14096	26	26	1	1	X
fbem-14096	26	27	)	)	PUNCT
fbem-14096	26	28	the	the	DET
fbem-14096	26	29	international	international	ADJ
fbem-14096	26	30	market	market	NOUN
fbem-14096	26	31	is	be	AUX
fbem-14096	26	32	too	too	ADV
fbem-14096	26	33	divided	divide	VERB
fbem-14096	26	34	,	,	PUNCT
fbem-14096	26	35	which	which	PRON
fbem-14096	26	36	leads	lead	VERB
fbem-14096	26	37	to	to	ADP
fbem-14096	26	38	the	the	DET
fbem-14096	26	39	inconsistency	inconsistency	NOUN
fbem-14096	26	40	of	of	ADP
fbem-14096	26	41	management	management	NOUN
fbem-14096	26	42	standards	standard	NOUN
fbem-14096	26	43	,	,	PUNCT
fbem-14096	26	44	such	such	ADJ
fbem-14096	26	45	as	as	ADP
fbem-14096	26	46	the	the	DET
fbem-14096	26	47	formulation	formulation	NOUN
fbem-14096	26	48	and	and	CCONJ
fbem-14096	26	49	distribution	distribution	NOUN
fbem-14096	26	50	methods	method	NOUN
fbem-14096	26	51	of	of	ADP
fbem-14096	26	52	emission	emission	NOUN
fbem-14096	26	53	quotas	quota	NOUN
fbem-14096	26	54	,	,	PUNCT
fbem-14096	26	55	the	the	DET
fbem-14096	26	56	regulated	regulated	ADJ
fbem-14096	26	57	industry	industry	NOUN
fbem-14096	26	58	regulations	regulation	NOUN
fbem-14096	26	59	,	,	PUNCT
fbem-14096	26	60	whether	whether	SCONJ
fbem-14096	26	61	it	it	PRON
fbem-14096	26	62	is	be	AUX
fbem-14096	26	63	an	an	DET
fbem-14096	26	64	emission	emission	NOUN
fbem-14096	26	65	reduction	reduction	NOUN
fbem-14096	26	66	unit	unit	NOUN
fbem-14096	26	67	,	,	PUNCT
fbem-14096	26	68	how	how	SCONJ
fbem-14096	26	69	to	to	PART
fbem-14096	26	70	identify	identify	VERB
fbem-14096	26	71	emission	emission	NOUN
fbem-14096	26	72	reduction	reduction	NOUN
fbem-14096	26	73	units	unit	NOUN
fbem-14096	26	74	and	and	CCONJ
fbem-14096	26	75	trading	trading	NOUN
fbem-14096	26	76	mechanisms	mechanism	NOUN
fbem-14096	26	77	,	,	PUNCT
fbem-14096	26	78	etc	etc	X
fbem-14096	26	79	.	.	X
fbem-14096	26	80	,	,	PUNCT
fbem-14096	26	81	which	which	PRON
fbem-14096	26	82	makes	make	VERB
fbem-14096	26	83	it	it	PRON
fbem-14096	26	84	difficult	difficult	ADJ
fbem-14096	26	85	to	to	PART
fbem-14096	26	86	directly	directly	ADV
fbem-14096	26	87	cross	cross	VERB
fbem-14096	26	88	-	-	NOUN
fbem-14096	26	89	trade	trade	NOUN
fbem-14096	26	90	between	between	ADP
fbem-14096	26	91	different	different	ADJ
fbem-14096	26	92	markets	market	NOUN
fbem-14096	26	93	,	,	PUNCT
fbem-14096	26	94	and	and	CCONJ
fbem-14096	26	95	gradually	gradually	ADV
fbem-14096	26	96	forms	form	VERB
fbem-14096	26	97	a	a	DET
fbem-14096	26	98	highly	highly	ADV
fbem-14096	26	99	divided	divide	VERB
fbem-14096	26	100	international	international	ADJ
fbem-14096	26	101	carbon	carbon	NOUN
fbem-14096	26	102	trading	trading	NOUN
fbem-14096	26	103	market	market	NOUN
fbem-14096	26	104	.	.	PUNCT
fbem-14096	27	1	(	(	PUNCT
fbem-14096	27	2	2	2	X
fbem-14096	27	3	)	)	PUNCT
fbem-14096	27	4	excessive	excessive	ADJ
fbem-14096	27	5	transaction	transaction	NOUN
fbem-14096	27	6	costs	cost	NOUN
fbem-14096	27	7	in	in	ADP
fbem-14096	27	8	the	the	DET
fbem-14096	27	9	current	current	ADJ
fbem-14096	27	10	international	international	ADJ
fbem-14096	27	11	carbon	carbon	NOUN
fbem-14096	27	12	trading	trading	NOUN
fbem-14096	27	13	project	project	NOUN
fbem-14096	27	14	market	market	NOUN
fbem-14096	27	15	,	,	PUNCT
fbem-14096	27	16	high	high	ADJ
fbem-14096	27	17	transaction	transaction	NOUN
fbem-14096	27	18	costs	cost	NOUN
fbem-14096	27	19	also	also	ADV
fbem-14096	27	20	have	have	VERB
fbem-14096	27	21	a	a	DET
fbem-14096	27	22	negative	negative	ADJ
fbem-14096	27	23	impact	impact	NOUN
fbem-14096	27	24	on	on	ADP
fbem-14096	27	25	market	market	NOUN
fbem-14096	27	26	development	development	NOUN
fbem-14096	27	27	,	,	PUNCT
fbem-14096	27	28	including	include	VERB
fbem-14096	27	29	moral	moral	ADJ
fbem-14096	27	30	hazard	hazard	NOUN
fbem-14096	27	31	caused	cause	VERB
fbem-14096	27	32	by	by	ADP
fbem-14096	27	33	information	information	NOUN
fbem-14096	27	34	200	200	NUM
fbem-14096	27	35	asymmetry	asymmetry	NOUN
fbem-14096	27	36	.	.	PUNCT
fbem-14096	28	1	facing	face	VERB
fbem-14096	28	2	the	the	DET
fbem-14096	28	3	obstacles	obstacle	NOUN
fbem-14096	28	4	in	in	ADP
fbem-14096	28	5	carbon	carbon	NOUN
fbem-14096	28	6	trading	trading	NOUN
fbem-14096	28	7	business	business	NOUN
fbem-14096	28	8	,	,	PUNCT
fbem-14096	28	9	it	it	PRON
fbem-14096	28	10	is	be	AUX
fbem-14096	28	11	necessary	necessary	ADJ
fbem-14096	28	12	to	to	PART
fbem-14096	28	13	improve	improve	VERB
fbem-14096	28	14	the	the	DET
fbem-14096	28	15	relevant	relevant	ADJ
fbem-14096	28	16	regulations	regulation	NOUN
fbem-14096	28	17	of	of	ADP
fbem-14096	28	18	carbon	carbon	NOUN
fbem-14096	28	19	trading	trading	NOUN
fbem-14096	28	20	,	,	PUNCT
fbem-14096	28	21	unify	unify	VERB
fbem-14096	28	22	the	the	DET
fbem-14096	28	23	trading	trading	NOUN
fbem-14096	28	24	platform	platform	NOUN
fbem-14096	28	25	and	and	CCONJ
fbem-14096	28	26	pricing	pricing	NOUN
fbem-14096	28	27	,	,	PUNCT
fbem-14096	28	28	control	control	VERB
fbem-14096	28	29	the	the	DET
fbem-14096	28	30	market	market	NOUN
fbem-14096	28	31	segmentation	segmentation	NOUN
fbem-14096	28	32	to	to	PART
fbem-14096	28	33	make	make	VERB
fbem-14096	28	34	the	the	DET
fbem-14096	28	35	carbon	carbon	NOUN
fbem-14096	28	36	trading	trading	NOUN
fbem-14096	28	37	market	market	NOUN
fbem-14096	28	38	comprehensive	comprehensive	ADJ
fbem-14096	28	39	,	,	PUNCT
fbem-14096	28	40	change	change	VERB
fbem-14096	28	41	the	the	DET
fbem-14096	28	42	tax	tax	NOUN
fbem-14096	28	43	policies	policy	NOUN
fbem-14096	28	44	related	relate	VERB
fbem-14096	28	45	to	to	ADP
fbem-14096	28	46	carbon	carbon	NOUN
fbem-14096	28	47	trading	trading	NOUN
fbem-14096	28	48	and	and	CCONJ
fbem-14096	28	49	moderately	moderately	ADV
fbem-14096	28	50	reduce	reduce	VERB
fbem-14096	28	51	the	the	DET
fbem-14096	28	52	cost	cost	NOUN
fbem-14096	28	53	of	of	ADP
fbem-14096	28	54	carbon	carbon	NOUN
fbem-14096	28	55	trading	trading	NOUN
fbem-14096	28	56	.	.	PUNCT
fbem-14096	29	1	2	2	X
fbem-14096	29	2	.	.	X
fbem-14096	29	3	research	research	NOUN
fbem-14096	29	4	significance	significance	NOUN
fbem-14096	29	5	2.1	2.1	NUM
fbem-14096	29	6	.	.	PUNCT
fbem-14096	30	1	theoretical	theoretical	ADJ
fbem-14096	30	2	significance	significance	NOUN
fbem-14096	30	3	with	with	ADP
fbem-14096	30	4	the	the	DET
fbem-14096	30	5	continuous	continuous	ADJ
fbem-14096	30	6	development	development	NOUN
fbem-14096	30	7	and	and	CCONJ
fbem-14096	30	8	gradual	gradual	ADJ
fbem-14096	30	9	expansion	expansion	NOUN
fbem-14096	30	10	of	of	ADP
fbem-14096	30	11	the	the	DET
fbem-14096	30	12	scope	scope	NOUN
fbem-14096	30	13	of	of	ADP
fbem-14096	30	14	carbon	carbon	NOUN
fbem-14096	30	15	trading	trading	NOUN
fbem-14096	31	1	,	,	PUNCT
fbem-14096	31	2	the	the	DET
fbem-14096	31	3	market	market	NOUN
fbem-14096	31	4	value	value	NOUN
fbem-14096	31	5	brought	bring	VERB
fbem-14096	31	6	by	by	ADP
fbem-14096	31	7	carbon	carbon	NOUN
fbem-14096	31	8	trading	trading	NOUN
fbem-14096	31	9	is	be	AUX
fbem-14096	31	10	more	more	ADV
fbem-14096	31	11	and	and	CCONJ
fbem-14096	31	12	more	more	ADV
fbem-14096	31	13	immeasurable	immeasurable	ADJ
fbem-14096	31	14	,	,	PUNCT
fbem-14096	31	15	and	and	CCONJ
fbem-14096	31	16	there	there	PRON
fbem-14096	31	17	are	be	VERB
fbem-14096	31	18	more	more	ADV
fbem-14096	31	19	and	and	CCONJ
fbem-14096	31	20	more	more	ADV
fbem-14096	31	21	academic	academic	ADJ
fbem-14096	31	22	studies	study	NOUN
fbem-14096	31	23	on	on	ADP
fbem-14096	31	24	carbon	carbon	NOUN
fbem-14096	31	25	trading	trading	NOUN
fbem-14096	31	26	in	in	ADP
fbem-14096	31	27	china	china	PROPN
fbem-14096	31	28	.	.	PUNCT
fbem-14096	32	1	scholars	scholar	NOUN
fbem-14096	32	2	often	often	ADV
fbem-14096	32	3	start	start	VERB
fbem-14096	32	4	with	with	ADP
fbem-14096	32	5	the	the	DET
fbem-14096	32	6	analysis	analysis	NOUN
fbem-14096	32	7	of	of	ADP
fbem-14096	32	8	the	the	DET
fbem-14096	32	9	impact	impact	NOUN
fbem-14096	32	10	of	of	ADP
fbem-14096	32	11	carbon	carbon	NOUN
fbem-14096	32	12	trading	trading	NOUN
fbem-14096	32	13	on	on	ADP
fbem-14096	32	14	enterprises	enterprise	NOUN
fbem-14096	32	15	,	,	PUNCT
fbem-14096	32	16	but	but	CCONJ
fbem-14096	32	17	most	most	ADJ
fbem-14096	32	18	of	of	ADP
fbem-14096	32	19	the	the	DET
fbem-14096	32	20	studies	study	NOUN
fbem-14096	32	21	only	only	ADV
fbem-14096	32	22	focus	focus	VERB
fbem-14096	32	23	on	on	ADP
fbem-14096	32	24	the	the	DET
fbem-14096	32	25	positive	positive	ADJ
fbem-14096	32	26	impact	impact	NOUN
fbem-14096	32	27	of	of	ADP
fbem-14096	32	28	carbon	carbon	NOUN
fbem-14096	32	29	trading	trading	NOUN
fbem-14096	32	30	on	on	ADP
fbem-14096	32	31	enterprises	enterprise	NOUN
fbem-14096	32	32	,	,	PUNCT
fbem-14096	32	33	and	and	CCONJ
fbem-14096	32	34	rarely	rarely	ADV
fbem-14096	32	35	analyze	analyze	VERB
fbem-14096	32	36	the	the	DET
fbem-14096	32	37	possible	possible	ADJ
fbem-14096	32	38	negative	negative	ADJ
fbem-14096	32	39	impact	impact	NOUN
fbem-14096	32	40	of	of	ADP
fbem-14096	32	41	some	some	DET
fbem-14096	32	42	enterprises	enterprise	NOUN
fbem-14096	32	43	participating	participate	VERB
fbem-14096	32	44	in	in	ADP
fbem-14096	32	45	carbon	carbon	NOUN
fbem-14096	32	46	trading	trading	NOUN
fbem-14096	32	47	.	.	PUNCT
fbem-14096	33	1	in	in	ADP
fbem-14096	33	2	order	order	NOUN
fbem-14096	33	3	to	to	PART
fbem-14096	33	4	make	make	VERB
fbem-14096	33	5	this	this	DET
fbem-14096	33	6	study	study	NOUN
fbem-14096	33	7	more	more	ADJ
fbem-14096	33	8	theoretical	theoretical	ADJ
fbem-14096	33	9	support	support	NOUN
fbem-14096	33	10	,	,	PUNCT
fbem-14096	33	11	this	this	DET
fbem-14096	33	12	study	study	NOUN
fbem-14096	33	13	will	will	AUX
fbem-14096	33	14	be	be	AUX
fbem-14096	33	15	based	base	VERB
fbem-14096	33	16	on	on	ADP
fbem-14096	33	17	the	the	DET
fbem-14096	33	18	analysis	analysis	NOUN
fbem-14096	33	19	of	of	ADP
fbem-14096	33	20	the	the	DET
fbem-14096	33	21	double	double	ADJ
fbem-14096	33	22	-	-	PUNCT
fbem-14096	33	23	sided	sided	ADJ
fbem-14096	33	24	impact	impact	NOUN
fbem-14096	33	25	of	of	ADP
fbem-14096	33	26	carbon	carbon	NOUN
fbem-14096	33	27	trading	trading	NOUN
fbem-14096	33	28	on	on	ADP
fbem-14096	33	29	the	the	DET
fbem-14096	33	30	return	return	NOUN
fbem-14096	33	31	on	on	ADP
fbem-14096	33	32	assets	asset	NOUN
fbem-14096	33	33	of	of	ADP
fbem-14096	33	34	enterprises	enterprise	NOUN
fbem-14096	33	35	.	.	PUNCT
fbem-14096	34	1	carbon	carbon	NOUN
fbem-14096	34	2	trading	trading	NOUN
fbem-14096	34	3	(	(	PUNCT
fbem-14096	34	4	that	that	ADV
fbem-14096	34	5	is	is	ADV
fbem-14096	34	6	,	,	PUNCT
fbem-14096	34	7	trading	trading	NOUN
fbem-14096	34	8	of	of	ADP
fbem-14096	34	9	greenhouse	greenhouse	NOUN
fbem-14096	34	10	gas	gas	NOUN
fbem-14096	34	11	emission	emission	NOUN
fbem-14096	34	12	rights	right	NOUN
fbem-14096	34	13	)	)	PUNCT
fbem-14096	34	14	is	be	AUX
fbem-14096	34	15	the	the	DET
fbem-14096	34	16	certified	certify	VERB
fbem-14096	34	17	emission	emission	NOUN
fbem-14096	34	18	reductions	reduction	NOUN
fbem-14096	34	19	sale	sale	NOUN
fbem-14096	34	20	and	and	CCONJ
fbem-14096	34	21	purchase	purchase	NOUN
fbem-14096	34	22	agreement	agreement	NOUN
fbem-14096	34	23	(	(	PUNCT
fbem-14096	34	24	erpas	erpas	PROPN
fbem-14096	34	25	)	)	PUNCT
fbem-14096	34	26	,	,	PUNCT
fbem-14096	34	27	the	the	DET
fbem-14096	34	28	basic	basic	ADJ
fbem-14096	34	29	principle	principle	NOUN
fbem-14096	34	30	of	of	ADP
fbem-14096	34	31	which	which	PRON
fbem-14096	34	32	is	be	AUX
fbem-14096	34	33	equivalent	equivalent	ADJ
fbem-14096	34	34	to	to	ADP
fbem-14096	34	35	that	that	DET
fbem-14096	34	36	one	one	NUM
fbem-14096	34	37	of	of	ADP
fbem-14096	34	38	the	the	DET
fbem-14096	34	39	two	two	NUM
fbem-14096	34	40	parties	party	NOUN
fbem-14096	34	41	to	to	ADP
fbem-14096	34	42	the	the	DET
fbem-14096	34	43	contract	contract	NOUN
fbem-14096	34	44	buys	buy	VERB
fbem-14096	34	45	greenhouse	greenhouse	NOUN
fbem-14096	34	46	gas	gas	NOUN
fbem-14096	34	47	emission	emission	NOUN
fbem-14096	34	48	reductions	reduction	NOUN
fbem-14096	34	49	from	from	ADP
fbem-14096	34	50	the	the	DET
fbem-14096	34	51	other	other	ADJ
fbem-14096	34	52	party	party	NOUN
fbem-14096	34	53	,	,	PUNCT
fbem-14096	34	54	and	and	CCONJ
fbem-14096	34	55	uses	use	VERB
fbem-14096	34	56	the	the	DET
fbem-14096	34	57	purchased	purchase	VERB
fbem-14096	34	58	emission	emission	NOUN
fbem-14096	34	59	reductions	reduction	NOUN
fbem-14096	34	60	to	to	PART
fbem-14096	34	61	mitigate	mitigate	VERB
fbem-14096	34	62	the	the	DET
fbem-14096	34	63	greenhouse	greenhouse	NOUN
fbem-14096	34	64	effect	effect	NOUN
fbem-14096	34	65	so	so	SCONJ
fbem-14096	34	66	as	as	SCONJ
fbem-14096	34	67	to	to	PART
fbem-14096	34	68	achieve	achieve	VERB
fbem-14096	34	69	the	the	DET
fbem-14096	34	70	goal	goal	NOUN
fbem-14096	34	71	of	of	ADP
fbem-14096	34	72	emission	emission	NOUN
fbem-14096	34	73	reduction	reduction	NOUN
fbem-14096	34	74	.	.	PUNCT
fbem-14096	35	1	according	accord	VERB
fbem-14096	35	2	to	to	ADP
fbem-14096	35	3	the	the	DET
fbem-14096	35	4	relevant	relevant	ADJ
fbem-14096	35	5	definitions	definition	NOUN
fbem-14096	35	6	,	,	PUNCT
fbem-14096	35	7	carbon	carbon	NOUN
fbem-14096	35	8	trading	trading	NOUN
fbem-14096	35	9	is	be	AUX
fbem-14096	35	10	a	a	DET
fbem-14096	35	11	very	very	ADV
fbem-14096	35	12	effective	effective	ADJ
fbem-14096	35	13	method	method	NOUN
fbem-14096	35	14	to	to	PART
fbem-14096	35	15	reduce	reduce	VERB
fbem-14096	35	16	greenhouse	greenhouse	NOUN
fbem-14096	35	17	gas	gas	NOUN
fbem-14096	35	18	emissions	emission	NOUN
fbem-14096	35	19	,	,	PUNCT
fbem-14096	35	20	and	and	CCONJ
fbem-14096	35	21	how	how	SCONJ
fbem-14096	35	22	to	to	PART
fbem-14096	35	23	affect	affect	VERB
fbem-14096	35	24	the	the	DET
fbem-14096	35	25	return	return	NOUN
fbem-14096	35	26	on	on	ADP
fbem-14096	35	27	assets	asset	NOUN
fbem-14096	35	28	of	of	ADP
fbem-14096	35	29	enterprises	enterprise	NOUN
fbem-14096	35	30	while	while	SCONJ
fbem-14096	35	31	reducing	reduce	VERB
fbem-14096	35	32	emissions	emission	NOUN
fbem-14096	35	33	is	be	AUX
fbem-14096	35	34	the	the	DET
fbem-14096	35	35	focus	focus	NOUN
fbem-14096	35	36	of	of	ADP
fbem-14096	35	37	this	this	DET
fbem-14096	35	38	paper	paper	NOUN
fbem-14096	35	39	.	.	PUNCT
fbem-14096	36	1	therefore	therefore	ADV
fbem-14096	36	2	,	,	PUNCT
fbem-14096	36	3	based	base	VERB
fbem-14096	36	4	on	on	ADP
fbem-14096	36	5	the	the	DET
fbem-14096	36	6	principle	principle	NOUN
fbem-14096	36	7	of	of	ADP
fbem-14096	36	8	carbon	carbon	NOUN
fbem-14096	36	9	trading	trading	NOUN
fbem-14096	36	10	,	,	PUNCT
fbem-14096	36	11	this	this	DET
fbem-14096	36	12	paper	paper	NOUN
fbem-14096	36	13	focuses	focus	VERB
fbem-14096	36	14	on	on	ADP
fbem-14096	36	15	the	the	DET
fbem-14096	36	16	impact	impact	NOUN
fbem-14096	36	17	of	of	ADP
fbem-14096	36	18	carbon	carbon	NOUN
fbem-14096	36	19	trading	trading	NOUN
fbem-14096	36	20	on	on	ADP
fbem-14096	36	21	the	the	DET
fbem-14096	36	22	return	return	NOUN
fbem-14096	36	23	on	on	ADP
fbem-14096	36	24	assets	asset	NOUN
fbem-14096	36	25	of	of	ADP
fbem-14096	36	26	domestic	domestic	ADJ
fbem-14096	36	27	private	private	ADJ
fbem-14096	36	28	enterprises	enterprise	NOUN
fbem-14096	36	29	.	.	PUNCT
fbem-14096	37	1	2.2	2.2	NUM
fbem-14096	37	2	.	.	PUNCT
fbem-14096	37	3	practical	practical	ADJ
fbem-14096	37	4	significance	significance	NOUN
fbem-14096	37	5	the	the	DET
fbem-14096	37	6	continuous	continuous	ADJ
fbem-14096	37	7	change	change	NOUN
fbem-14096	37	8	of	of	ADP
fbem-14096	37	9	climate	climate	NOUN
fbem-14096	37	10	has	have	AUX
fbem-14096	37	11	stimulated	stimulate	VERB
fbem-14096	37	12	the	the	DET
fbem-14096	37	13	trading	trading	NOUN
fbem-14096	37	14	vitality	vitality	NOUN
fbem-14096	37	15	of	of	ADP
fbem-14096	37	16	carbon	carbon	NOUN
fbem-14096	37	17	market	market	NOUN
fbem-14096	37	18	,	,	PUNCT
fbem-14096	37	19	and	and	CCONJ
fbem-14096	37	20	its	its	PRON
fbem-14096	37	21	prospect	prospect	NOUN
fbem-14096	37	22	will	will	AUX
fbem-14096	37	23	be	be	AUX
fbem-14096	37	24	increasingly	increasingly	ADV
fbem-14096	37	25	broad	broad	ADJ
fbem-14096	37	26	.	.	PUNCT
fbem-14096	38	1	it	it	PRON
fbem-14096	38	2	can	can	AUX
fbem-14096	38	3	not	not	PART
fbem-14096	38	4	only	only	ADV
fbem-14096	38	5	trade	trade	VERB
fbem-14096	38	6	in	in	ADP
fbem-14096	38	7	the	the	DET
fbem-14096	38	8	market	market	NOUN
fbem-14096	38	9	like	like	ADP
fbem-14096	38	10	other	other	ADJ
fbem-14096	38	11	commodities	commodity	NOUN
fbem-14096	38	12	,	,	PUNCT
fbem-14096	38	13	but	but	CCONJ
fbem-14096	38	14	also	also	ADV
fbem-14096	38	15	create	create	VERB
fbem-14096	38	16	a	a	DET
fbem-14096	38	17	new	new	ADJ
fbem-14096	38	18	opportunity	opportunity	NOUN
fbem-14096	38	19	for	for	ADP
fbem-14096	38	20	investment	investment	NOUN
fbem-14096	38	21	and	and	CCONJ
fbem-14096	38	22	financing	financing	NOUN
fbem-14096	38	23	activities	activity	NOUN
fbem-14096	38	24	of	of	ADP
fbem-14096	38	25	enterprises	enterprise	NOUN
fbem-14096	38	26	and	and	CCONJ
fbem-14096	38	27	encourage	encourage	VERB
fbem-14096	38	28	more	more	ADJ
fbem-14096	38	29	investors	investor	NOUN
fbem-14096	38	30	and	and	CCONJ
fbem-14096	38	31	institutions	institution	NOUN
fbem-14096	38	32	to	to	PART
fbem-14096	38	33	participate	participate	VERB
fbem-14096	38	34	,	,	PUNCT
fbem-14096	38	35	so	so	SCONJ
fbem-14096	38	36	as	as	SCONJ
fbem-14096	38	37	to	to	PART
fbem-14096	38	38	accelerate	accelerate	VERB
fbem-14096	38	39	the	the	DET
fbem-14096	38	40	development	development	NOUN
fbem-14096	38	41	of	of	ADP
fbem-14096	38	42	carbon	carbon	NOUN
fbem-14096	38	43	trading	trading	NOUN
fbem-14096	38	44	market	market	NOUN
fbem-14096	38	45	.	.	PUNCT
fbem-14096	39	1	the	the	DET
fbem-14096	39	2	government	government	NOUN
fbem-14096	39	3	should	should	AUX
fbem-14096	39	4	introduce	introduce	VERB
fbem-14096	39	5	more	more	ADV
fbem-14096	39	6	perfect	perfect	ADJ
fbem-14096	39	7	policies	policy	NOUN
fbem-14096	39	8	,	,	PUNCT
fbem-14096	39	9	laws	law	NOUN
fbem-14096	39	10	and	and	CCONJ
fbem-14096	39	11	regulations	regulation	NOUN
fbem-14096	39	12	,	,	PUNCT
fbem-14096	39	13	and	and	CCONJ
fbem-14096	39	14	play	play	VERB
fbem-14096	39	15	an	an	DET
fbem-14096	39	16	important	important	ADJ
fbem-14096	39	17	role	role	NOUN
fbem-14096	39	18	in	in	ADP
fbem-14096	39	19	accelerating	accelerate	VERB
fbem-14096	39	20	the	the	DET
fbem-14096	39	21	development	development	NOUN
fbem-14096	39	22	of	of	ADP
fbem-14096	39	23	carbon	carbon	NOUN
fbem-14096	39	24	trading	trading	NOUN
fbem-14096	39	25	market	market	NOUN
fbem-14096	39	26	.	.	PUNCT
fbem-14096	40	1	the	the	DET
fbem-14096	40	2	development	development	NOUN
fbem-14096	40	3	of	of	ADP
fbem-14096	40	4	carbon	carbon	NOUN
fbem-14096	40	5	trading	trading	NOUN
fbem-14096	40	6	market	market	NOUN
fbem-14096	40	7	also	also	ADV
fbem-14096	40	8	needs	need	VERB
fbem-14096	40	9	the	the	DET
fbem-14096	40	10	efforts	effort	NOUN
fbem-14096	40	11	of	of	ADP
fbem-14096	40	12	market	market	NOUN
fbem-14096	40	13	institutions	institution	NOUN
fbem-14096	40	14	and	and	CCONJ
fbem-14096	40	15	enterprises	enterprise	NOUN
fbem-14096	40	16	,	,	PUNCT
fbem-14096	40	17	as	as	ADV
fbem-14096	40	18	well	well	ADV
fbem-14096	40	19	as	as	ADP
fbem-14096	40	20	more	more	ADV
fbem-14096	40	21	stringent	stringent	ADJ
fbem-14096	40	22	supervision	supervision	NOUN
fbem-14096	40	23	,	,	PUNCT
fbem-14096	40	24	standardized	standardized	ADJ
fbem-14096	40	25	system	system	NOUN
fbem-14096	40	26	and	and	CCONJ
fbem-14096	40	27	other	other	ADJ
fbem-14096	40	28	comprehensive	comprehensive	ADJ
fbem-14096	40	29	factors	factor	NOUN
fbem-14096	40	30	.	.	PUNCT
fbem-14096	41	1	create	create	VERB
fbem-14096	41	2	a	a	DET
fbem-14096	41	3	win	win	NOUN
fbem-14096	41	4	-	-	PUNCT
fbem-14096	41	5	win	win	NOUN
fbem-14096	41	6	situation	situation	NOUN
fbem-14096	41	7	in	in	ADP
fbem-14096	41	8	the	the	DET
fbem-14096	41	9	environment	environment	NOUN
fbem-14096	41	10	and	and	CCONJ
fbem-14096	41	11	economy	economy	NOUN
fbem-14096	41	12	,	,	PUNCT
fbem-14096	41	13	and	and	CCONJ
fbem-14096	41	14	finally	finally	ADV
fbem-14096	41	15	achieve	achieve	VERB
fbem-14096	41	16	common	common	ADJ
fbem-14096	41	17	economic	economic	ADJ
fbem-14096	41	18	benefits	benefit	NOUN
fbem-14096	41	19	in	in	ADP
fbem-14096	41	20	many	many	ADJ
fbem-14096	41	21	fields	field	NOUN
fbem-14096	41	22	.	.	PUNCT
fbem-14096	42	1	3	3	X
fbem-14096	42	2	.	.	NOUN
fbem-14096	42	3	example	example	NOUN
fbem-14096	42	4	analysis	analysis	NOUN
fbem-14096	42	5	the	the	DET
fbem-14096	42	6	following	follow	VERB
fbem-14096	42	7	case	case	NOUN
fbem-14096	42	8	data	datum	NOUN
fbem-14096	42	9	is	be	AUX
fbem-14096	42	10	a	a	DET
fbem-14096	42	11	linear	linear	ADJ
fbem-14096	42	12	graph	graph	NOUN
fbem-14096	42	13	of	of	ADP
fbem-14096	42	14	cumulative	cumulative	ADJ
fbem-14096	42	15	carbon	carbon	NOUN
fbem-14096	42	16	trading	trading	NOUN
fbem-14096	42	17	volume	volume	NOUN
fbem-14096	42	18	and	and	CCONJ
fbem-14096	42	19	cumulative	cumulative	ADJ
fbem-14096	42	20	transaction	transaction	NOUN
fbem-14096	42	21	amount	amount	NOUN
fbem-14096	42	22	of	of	ADP
fbem-14096	42	23	shanghai	shanghai	PROPN
fbem-14096	42	24	energy	energy	PROPN
fbem-14096	42	25	exchange	exchange	NOUN
fbem-14096	42	26	from	from	ADP
fbem-14096	42	27	july	july	PROPN
fbem-14096	42	28	24th	24th	NOUN
fbem-14096	42	29	to	to	ADP
fbem-14096	42	30	july	july	PROPN
fbem-14096	42	31	28th	28th	NUM
fbem-14096	42	32	,	,	PUNCT
fbem-14096	42	33	2023	2023	NUM
fbem-14096	42	34	(	(	PUNCT
fbem-14096	42	35	data	datum	NOUN
fbem-14096	42	36	source	source	NOUN
fbem-14096	42	37	:	:	PUNCT
fbem-14096	42	38	shanghai	shanghai	PROPN
fbem-14096	42	39	environmental	environmental	PROPN
fbem-14096	42	40	energy	energy	PROPN
fbem-14096	42	41	exchange	exchange	PROPN
fbem-14096	42	42	)	)	PUNCT
fbem-14096	42	43	.	.	PUNCT
fbem-14096	43	1	figure	figure	NOUN
fbem-14096	43	2	1	1	NUM
fbem-14096	43	3	.	.	PUNCT
fbem-14096	43	4	cumulative	cumulative	ADJ
fbem-14096	43	5	volume	volume	NOUN
fbem-14096	43	6	of	of	ADP
fbem-14096	43	7	carbon	carbon	NOUN
fbem-14096	43	8	trading	trading	NOUN
fbem-14096	43	9	(	(	PUNCT
fbem-14096	43	10	ton	ton	NOUN
fbem-14096	43	11	)	)	PUNCT
fbem-14096	43	12	figure	figure	NOUN
fbem-14096	43	13	2	2	NUM
fbem-14096	43	14	.	.	PUNCT
fbem-14096	43	15	cumulative	cumulative	ADJ
fbem-14096	43	16	transaction	transaction	NOUN
fbem-14096	43	17	amount	amount	NOUN
fbem-14096	43	18	of	of	ADP
fbem-14096	43	19	carbon	carbon	NOUN
fbem-14096	43	20	trading	trading	NOUN
fbem-14096	43	21	(	(	PUNCT
fbem-14096	43	22	rmb	rmb	PROPN
fbem-14096	43	23	)	)	PUNCT
fbem-14096	43	24	201	201	NUM
fbem-14096	43	25	as	as	SCONJ
fbem-14096	43	26	shown	show	VERB
fbem-14096	43	27	in	in	ADP
fbem-14096	43	28	the	the	DET
fbem-14096	43	29	figure	figure	NOUN
fbem-14096	43	30	,	,	PUNCT
fbem-14096	43	31	as	as	ADP
fbem-14096	43	32	of	of	ADP
fbem-14096	43	33	july	july	PROPN
fbem-14096	43	34	28th	28th	NOUN
fbem-14096	43	35	,	,	PUNCT
fbem-14096	43	36	the	the	DET
fbem-14096	43	37	cumulative	cumulative	ADJ
fbem-14096	43	38	turnover	turnover	NOUN
fbem-14096	43	39	of	of	ADP
fbem-14096	43	40	shanghai	shanghai	PROPN
fbem-14096	43	41	environment	environment	PROPN
fbem-14096	43	42	and	and	CCONJ
fbem-14096	43	43	energy	energy	NOUN
fbem-14096	43	44	exchange	exchange	NOUN
fbem-14096	43	45	was	be	AUX
fbem-14096	43	46	1,459,100	1,459,100	NUM
fbem-14096	43	47	yuan	yuan	NOUN
fbem-14096	43	48	,	,	PUNCT
fbem-14096	43	49	with	with	ADP
fbem-14096	43	50	a	a	DET
fbem-14096	43	51	cumulative	cumulative	ADJ
fbem-14096	43	52	turnover	turnover	NOUN
fbem-14096	43	53	of	of	ADP
fbem-14096	43	54	22,900	22,900	NUM
fbem-14096	43	55	tons	ton	NOUN
fbem-14096	43	56	.	.	PUNCT
fbem-14096	44	1	the	the	DET
fbem-14096	44	2	average	average	ADJ
fbem-14096	44	3	transaction	transaction	NOUN
fbem-14096	44	4	price	price	NOUN
fbem-14096	44	5	this	this	DET
fbem-14096	44	6	week	week	NOUN
fbem-14096	44	7	is	be	AUX
fbem-14096	44	8	63.72	63.72	NUM
fbem-14096	44	9	yuan	yuan	NOUN
fbem-14096	44	10	/	/	SYM
fbem-14096	44	11	ton	ton	NOUN
fbem-14096	44	12	.	.	PUNCT
fbem-14096	45	1	(	(	PUNCT
fbem-14096	45	2	july	july	PROPN
fbem-14096	45	3	24	24	NUM
fbem-14096	45	4	-	-	PUNCT
fbem-14096	45	5	july	july	PROPN
fbem-14096	45	6	30	30	NUM
fbem-14096	45	7	)	)	PUNCT
fbem-14096	45	8	this	this	DET
fbem-14096	45	9	week	week	NOUN
fbem-14096	45	10	,	,	PUNCT
fbem-14096	45	11	the	the	DET
fbem-14096	45	12	trading	trading	NOUN
fbem-14096	45	13	activity	activity	NOUN
fbem-14096	45	14	of	of	ADP
fbem-14096	45	15	shanghai	shanghai	PROPN
fbem-14096	45	16	carbon	carbon	NOUN
fbem-14096	45	17	market	market	NOUN
fbem-14096	45	18	decreased	decrease	VERB
fbem-14096	45	19	,	,	PUNCT
fbem-14096	45	20	the	the	DET
fbem-14096	45	21	volume	volume	NOUN
fbem-14096	45	22	of	of	ADP
fbem-14096	45	23	transactions	transaction	NOUN
fbem-14096	45	24	decreased	decrease	VERB
fbem-14096	45	25	significantly	significantly	ADV
fbem-14096	45	26	compared	compare	VERB
fbem-14096	45	27	with	with	ADP
fbem-14096	45	28	last	last	ADJ
fbem-14096	45	29	week	week	NOUN
fbem-14096	45	30	,	,	PUNCT
fbem-14096	45	31	and	and	CCONJ
fbem-14096	45	32	the	the	DET
fbem-14096	45	33	average	average	ADJ
fbem-14096	45	34	transaction	transaction	NOUN
fbem-14096	45	35	price	price	NOUN
fbem-14096	45	36	increased	increase	VERB
fbem-14096	45	37	by	by	ADP
fbem-14096	45	38	5.11	5.11	NUM
fbem-14096	45	39	%	%	NOUN
fbem-14096	45	40	compared	compare	VERB
fbem-14096	45	41	with	with	ADP
fbem-14096	45	42	last	last	ADJ
fbem-14096	45	43	week	week	NOUN
fbem-14096	45	44	.	.	PUNCT
fbem-14096	46	1	there	there	PRON
fbem-14096	46	2	is	be	VERB
fbem-14096	46	3	a	a	DET
fbem-14096	46	4	one	one	NUM
fbem-14096	46	5	-	-	PUNCT
fbem-14096	46	6	to	to	ADP
fbem-14096	46	7	-	-	PUNCT
fbem-14096	46	8	one	one	NUM
fbem-14096	46	9	correspondence	correspondence	NOUN
fbem-14096	46	10	between	between	ADP
fbem-14096	46	11	the	the	DET
fbem-14096	46	12	cumulative	cumulative	ADJ
fbem-14096	46	13	transaction	transaction	NOUN
fbem-14096	46	14	volume	volume	NOUN
fbem-14096	46	15	and	and	CCONJ
fbem-14096	46	16	the	the	DET
fbem-14096	46	17	cumulative	cumulative	ADJ
fbem-14096	46	18	transaction	transaction	NOUN
fbem-14096	46	19	amount	amount	NOUN
fbem-14096	46	20	of	of	ADP
fbem-14096	46	21	carbon	carbon	NOUN
fbem-14096	46	22	trading	trading	NOUN
fbem-14096	46	23	in	in	ADP
fbem-14096	46	24	shanghai	shanghai	PROPN
fbem-14096	46	25	environment	environment	PROPN
fbem-14096	46	26	and	and	CCONJ
fbem-14096	46	27	energy	energy	NOUN
fbem-14096	46	28	exchange	exchange	NOUN
fbem-14096	46	29	,	,	PUNCT
fbem-14096	46	30	and	and	CCONJ
fbem-14096	46	31	the	the	DET
fbem-14096	46	32	trend	trend	NOUN
fbem-14096	46	33	is	be	AUX
fbem-14096	46	34	in	in	ADP
fbem-14096	46	35	direct	direct	ADJ
fbem-14096	46	36	proportion	proportion	NOUN
fbem-14096	46	37	.	.	PUNCT
fbem-14096	47	1	in	in	ADP
fbem-14096	47	2	this	this	DET
fbem-14096	47	3	research	research	NOUN
fbem-14096	47	4	cycle	cycle	NOUN
fbem-14096	47	5	,	,	PUNCT
fbem-14096	47	6	the	the	DET
fbem-14096	47	7	cumulative	cumulative	ADJ
fbem-14096	47	8	transaction	transaction	NOUN
fbem-14096	47	9	volume	volume	NOUN
fbem-14096	47	10	and	and	CCONJ
fbem-14096	47	11	amount	amount	NOUN
fbem-14096	47	12	first	first	ADV
fbem-14096	47	13	began	begin	VERB
fbem-14096	47	14	to	to	PART
fbem-14096	47	15	decline	decline	VERB
fbem-14096	47	16	,	,	PUNCT
fbem-14096	47	17	and	and	CCONJ
fbem-14096	47	18	then	then	ADV
fbem-14096	47	19	fell	fall	VERB
fbem-14096	47	20	to	to	ADP
fbem-14096	47	21	the	the	DET
fbem-14096	47	22	trading	trading	NOUN
fbem-14096	47	23	trough	trough	NOUN
fbem-14096	47	24	of	of	ADP
fbem-14096	47	25	this	this	DET
fbem-14096	47	26	cycle	cycle	NOUN
fbem-14096	47	27	on	on	ADP
fbem-14096	47	28	july	july	PROPN
fbem-14096	47	29	25	25	NUM
fbem-14096	47	30	,	,	PUNCT
fbem-14096	47	31	and	and	CCONJ
fbem-14096	47	32	then	then	ADV
fbem-14096	47	33	the	the	DET
fbem-14096	47	34	transaction	transaction	NOUN
fbem-14096	47	35	volume	volume	NOUN
fbem-14096	47	36	and	and	CCONJ
fbem-14096	47	37	transaction	transaction	NOUN
fbem-14096	47	38	amount	amount	NOUN
fbem-14096	47	39	continued	continue	VERB
fbem-14096	47	40	to	to	PART
fbem-14096	47	41	rise	rise	VERB
fbem-14096	47	42	.	.	PUNCT
fbem-14096	48	1	on	on	ADP
fbem-14096	48	2	july	july	PROPN
fbem-14096	48	3	27	27	NUM
fbem-14096	48	4	,	,	PUNCT
fbem-14096	48	5	the	the	DET
fbem-14096	48	6	cumulative	cumulative	ADJ
fbem-14096	48	7	transaction	transaction	NOUN
fbem-14096	48	8	volume	volume	NOUN
fbem-14096	48	9	and	and	CCONJ
fbem-14096	48	10	transaction	transaction	NOUN
fbem-14096	48	11	amount	amount	NOUN
fbem-14096	48	12	climbed	climb	VERB
fbem-14096	48	13	to	to	ADP
fbem-14096	48	14	the	the	DET
fbem-14096	48	15	peak	peak	NOUN
fbem-14096	48	16	of	of	ADP
fbem-14096	48	17	this	this	DET
fbem-14096	48	18	cycle	cycle	NOUN
fbem-14096	48	19	,	,	PUNCT
fbem-14096	48	20	about	about	ADV
fbem-14096	48	21	10,500	10,500	NUM
fbem-14096	48	22	tons	ton	NOUN
fbem-14096	48	23	and	and	CCONJ
fbem-14096	48	24	666,650	666,650	NUM
fbem-14096	48	25	yuan	yuan	NOUN
fbem-14096	48	26	respectively	respectively	ADV
fbem-14096	48	27	,	,	PUNCT
fbem-14096	48	28	and	and	CCONJ
fbem-14096	48	29	then	then	ADV
fbem-14096	48	30	the	the	DET
fbem-14096	48	31	value	value	NOUN
fbem-14096	48	32	tended	tend	VERB
fbem-14096	48	33	to	to	PART
fbem-14096	48	34	be	be	AUX
fbem-14096	48	35	flat	flat	ADJ
fbem-14096	48	36	.	.	PUNCT
fbem-14096	49	1	4	4	X
fbem-14096	49	2	.	.	X
fbem-14096	49	3	discussion	discussion	NOUN
fbem-14096	49	4	from	from	ADP
fbem-14096	49	5	the	the	DET
fbem-14096	49	6	data	datum	NOUN
fbem-14096	49	7	analysis	analysis	NOUN
fbem-14096	49	8	of	of	ADP
fbem-14096	49	9	shanghai	shanghai	PROPN
fbem-14096	49	10	environment	environment	PROPN
fbem-14096	49	11	and	and	CCONJ
fbem-14096	49	12	energy	energy	NOUN
fbem-14096	49	13	exchange	exchange	NOUN
fbem-14096	49	14	,	,	PUNCT
fbem-14096	49	15	it	it	PRON
fbem-14096	49	16	is	be	AUX
fbem-14096	49	17	not	not	PART
fbem-14096	49	18	difficult	difficult	ADJ
fbem-14096	49	19	to	to	PART
fbem-14096	49	20	find	find	VERB
fbem-14096	49	21	that	that	SCONJ
fbem-14096	49	22	carbon	carbon	NOUN
fbem-14096	49	23	trading	trading	NOUN
fbem-14096	49	24	can	can	AUX
fbem-14096	49	25	bring	bring	VERB
fbem-14096	49	26	huge	huge	ADJ
fbem-14096	49	27	profits	profit	NOUN
fbem-14096	49	28	to	to	ADP
fbem-14096	49	29	enterprises	enterprise	NOUN
fbem-14096	49	30	.	.	PUNCT
fbem-14096	50	1	from	from	ADP
fbem-14096	50	2	the	the	DET
fbem-14096	50	3	calculation	calculation	NOUN
fbem-14096	50	4	formula	formula	NOUN
fbem-14096	50	5	of	of	ADP
fbem-14096	50	6	roa	roa	PROPN
fbem-14096	50	7	(	(	PUNCT
fbem-14096	50	8	roa	roa	NOUN
fbem-14096	50	9	:	:	PUNCT
fbem-14096	50	10	return	return	VERB
fbem-14096	50	11	on	on	ADP
fbem-14096	50	12	assets	asset	NOUN
fbem-14096	50	13	)	)	PUNCT
fbem-14096	51	1	=	=	SYM
fbem-14096	51	2	net	net	ADJ
fbem-14096	51	3	profit	profit	NOUN
fbem-14096	51	4	/	/	SYM
fbem-14096	51	5	total	total	ADJ
fbem-14096	51	6	assets	asset	NOUN
fbem-14096	51	7	)	)	PUNCT
fbem-14096	51	8	,	,	PUNCT
fbem-14096	51	9	we	we	PRON
fbem-14096	51	10	can	can	AUX
fbem-14096	51	11	also	also	ADV
fbem-14096	51	12	know	know	VERB
fbem-14096	51	13	that	that	SCONJ
fbem-14096	51	14	when	when	SCONJ
fbem-14096	51	15	the	the	DET
fbem-14096	51	16	net	net	ADJ
fbem-14096	51	17	profit	profit	NOUN
fbem-14096	51	18	gained	gain	VERB
fbem-14096	51	19	by	by	ADP
fbem-14096	51	20	enterprises	enterprise	NOUN
fbem-14096	51	21	in	in	ADP
fbem-14096	51	22	carbon	carbon	NOUN
fbem-14096	51	23	trading	trading	NOUN
fbem-14096	51	24	is	be	AUX
fbem-14096	51	25	large	large	ADJ
fbem-14096	51	26	enough	enough	ADV
fbem-14096	51	27	and	and	CCONJ
fbem-14096	51	28	the	the	DET
fbem-14096	51	29	assets	asset	NOUN
fbem-14096	51	30	invested	invest	VERB
fbem-14096	51	31	are	be	AUX
fbem-14096	51	32	infinitely	infinitely	ADV
fbem-14096	51	33	small	small	ADJ
fbem-14096	51	34	,	,	PUNCT
fbem-14096	51	35	the	the	DET
fbem-14096	51	36	return	return	NOUN
fbem-14096	51	37	on	on	ADP
fbem-14096	51	38	assets	asset	NOUN
fbem-14096	51	39	of	of	ADP
fbem-14096	51	40	enterprises	enterprise	NOUN
fbem-14096	51	41	is	be	AUX
fbem-14096	51	42	considerable	considerable	ADJ
fbem-14096	51	43	.	.	PUNCT
fbem-14096	52	1	and	and	CCONJ
fbem-14096	52	2	a	a	DET
fbem-14096	52	3	high	high	ADJ
fbem-14096	52	4	amount	amount	NOUN
fbem-14096	52	5	of	of	ADP
fbem-14096	52	6	carbon	carbon	NOUN
fbem-14096	52	7	trading	trading	NOUN
fbem-14096	52	8	can	can	AUX
fbem-14096	52	9	undoubtedly	undoubtedly	ADV
fbem-14096	52	10	bring	bring	VERB
fbem-14096	52	11	huge	huge	ADJ
fbem-14096	52	12	profits	profit	NOUN
fbem-14096	52	13	to	to	ADP
fbem-14096	52	14	enterprises	enterprise	NOUN
fbem-14096	52	15	.	.	PUNCT
fbem-14096	53	1	according	accord	VERB
fbem-14096	53	2	to	to	ADP
fbem-14096	53	3	the	the	DET
fbem-14096	53	4	relevant	relevant	ADJ
fbem-14096	53	5	carbon	carbon	NOUN
fbem-14096	53	6	trading	trading	NOUN
fbem-14096	53	7	regulations	regulation	NOUN
fbem-14096	53	8	,	,	PUNCT
fbem-14096	53	9	the	the	DET
fbem-14096	53	10	investment	investment	NOUN
fbem-14096	53	11	can	can	AUX
fbem-14096	53	12	also	also	ADV
fbem-14096	53	13	be	be	AUX
fbem-14096	53	14	controlled	control	VERB
fbem-14096	53	15	within	within	ADP
fbem-14096	53	16	an	an	DET
fbem-14096	53	17	ideal	ideal	ADJ
fbem-14096	53	18	range	range	NOUN
fbem-14096	53	19	.	.	PUNCT
fbem-14096	54	1	therefore	therefore	ADV
fbem-14096	54	2	,	,	PUNCT
fbem-14096	54	3	according	accord	VERB
fbem-14096	54	4	to	to	ADP
fbem-14096	54	5	this	this	DET
fbem-14096	54	6	theory	theory	NOUN
fbem-14096	54	7	,	,	PUNCT
fbem-14096	54	8	enterprises	enterprise	NOUN
fbem-14096	54	9	can	can	AUX
fbem-14096	54	10	undoubtedly	undoubtedly	ADV
fbem-14096	54	11	obtain	obtain	VERB
fbem-14096	54	12	a	a	DET
fbem-14096	54	13	higher	high	ADJ
fbem-14096	54	14	return	return	NOUN
fbem-14096	54	15	on	on	ADP
fbem-14096	54	16	assets	asset	NOUN
fbem-14096	54	17	in	in	ADP
fbem-14096	54	18	carbon	carbon	NOUN
fbem-14096	54	19	trading	trading	NOUN
fbem-14096	54	20	.	.	PUNCT
fbem-14096	55	1	but	but	CCONJ
fbem-14096	55	2	why	why	SCONJ
fbem-14096	55	3	do	do	AUX
fbem-14096	55	4	only	only	ADV
fbem-14096	55	5	some	some	DET
fbem-14096	55	6	enterprises	enterprise	NOUN
fbem-14096	55	7	participate	participate	VERB
fbem-14096	55	8	in	in	ADP
fbem-14096	55	9	carbon	carbon	NOUN
fbem-14096	55	10	trading	trading	NOUN
fbem-14096	55	11	activities	activity	NOUN
fbem-14096	55	12	and	and	CCONJ
fbem-14096	55	13	earn	earn	VERB
fbem-14096	55	14	profits	profit	NOUN
fbem-14096	55	15	,	,	PUNCT
fbem-14096	55	16	instead	instead	ADV
fbem-14096	55	17	of	of	ADP
fbem-14096	55	18	all	all	DET
fbem-14096	55	19	enterprises	enterprise	NOUN
fbem-14096	55	20	actively	actively	ADV
fbem-14096	55	21	responding	respond	VERB
fbem-14096	55	22	to	to	ADP
fbem-14096	55	23	them	they	PRON
fbem-14096	55	24	?	?	PUNCT
fbem-14096	56	1	the	the	DET
fbem-14096	56	2	domestic	domestic	ADJ
fbem-14096	56	3	carbon	carbon	NOUN
fbem-14096	56	4	trading	trading	NOUN
fbem-14096	56	5	market	market	NOUN
fbem-14096	56	6	is	be	AUX
fbem-14096	56	7	a	a	DET
fbem-14096	56	8	huge	huge	ADJ
fbem-14096	56	9	cake	cake	NOUN
fbem-14096	56	10	for	for	ADP
fbem-14096	56	11	the	the	DET
fbem-14096	56	12	whole	whole	ADJ
fbem-14096	56	13	china	china	PROPN
fbem-14096	56	14	market	market	NOUN
fbem-14096	56	15	.	.	PUNCT
fbem-14096	57	1	although	although	SCONJ
fbem-14096	57	2	china	china	PROPN
fbem-14096	57	3	has	have	VERB
fbem-14096	57	4	great	great	ADJ
fbem-14096	57	5	carbon	carbon	NOUN
fbem-14096	57	6	emission	emission	NOUN
fbem-14096	57	7	potential	potential	NOUN
fbem-14096	57	8	,	,	PUNCT
fbem-14096	57	9	there	there	PRON
fbem-14096	57	10	are	be	VERB
fbem-14096	57	11	also	also	ADV
fbem-14096	57	12	many	many	ADJ
fbem-14096	57	13	problems	problem	NOUN
fbem-14096	57	14	,	,	PUNCT
fbem-14096	57	15	such	such	ADJ
fbem-14096	57	16	as	as	ADP
fbem-14096	57	17	uneven	uneven	ADJ
fbem-14096	57	18	distribution	distribution	NOUN
fbem-14096	57	19	of	of	ADP
fbem-14096	57	20	resources	resource	NOUN
fbem-14096	57	21	,	,	PUNCT
fbem-14096	57	22	and	and	CCONJ
fbem-14096	57	23	the	the	DET
fbem-14096	57	24	fragmentation	fragmentation	NOUN
fbem-14096	57	25	of	of	ADP
fbem-14096	57	26	carbon	carbon	NOUN
fbem-14096	57	27	trading	trading	NOUN
fbem-14096	57	28	market	market	NOUN
fbem-14096	57	29	is	be	AUX
fbem-14096	57	30	a	a	DET
fbem-14096	57	31	typical	typical	ADJ
fbem-14096	57	32	example	example	NOUN
fbem-14096	57	33	.	.	PUNCT
fbem-14096	58	1	this	this	DET
fbem-14096	58	2	paper	paper	NOUN
fbem-14096	58	3	discusses	discuss	VERB
fbem-14096	58	4	the	the	DET
fbem-14096	58	5	development	development	NOUN
fbem-14096	58	6	of	of	ADP
fbem-14096	58	7	carbon	carbon	NOUN
fbem-14096	58	8	trading	trading	NOUN
fbem-14096	58	9	market	market	NOUN
fbem-14096	58	10	in	in	ADP
fbem-14096	58	11	china	china	PROPN
fbem-14096	58	12	and	and	CCONJ
fbem-14096	58	13	the	the	DET
fbem-14096	58	14	current	current	ADJ
fbem-14096	58	15	situation	situation	NOUN
fbem-14096	58	16	of	of	ADP
fbem-14096	58	17	international	international	ADJ
fbem-14096	58	18	carbon	carbon	NOUN
fbem-14096	58	19	trading	trading	NOUN
fbem-14096	58	20	,	,	PUNCT
fbem-14096	58	21	and	and	CCONJ
fbem-14096	58	22	puts	put	VERB
fbem-14096	58	23	forward	forward	ADV
fbem-14096	58	24	some	some	DET
fbem-14096	58	25	suggestions	suggestion	NOUN
fbem-14096	58	26	.	.	PUNCT
fbem-14096	59	1	for	for	ADP
fbem-14096	59	2	example	example	NOUN
fbem-14096	59	3	,	,	PUNCT
fbem-14096	59	4	establish	establish	VERB
fbem-14096	59	5	a	a	DET
fbem-14096	59	6	unified	unified	ADJ
fbem-14096	59	7	market	market	NOUN
fbem-14096	59	8	,	,	PUNCT
fbem-14096	59	9	speed	speed	VERB
fbem-14096	59	10	up	up	ADP
fbem-14096	59	11	personnel	personnel	NOUN
fbem-14096	59	12	training	training	NOUN
fbem-14096	59	13	,	,	PUNCT
fbem-14096	59	14	speed	speed	VERB
fbem-14096	59	15	up	up	ADP
fbem-14096	59	16	the	the	DET
fbem-14096	59	17	construction	construction	NOUN
fbem-14096	59	18	of	of	ADP
fbem-14096	59	19	intermediary	intermediary	ADJ
fbem-14096	59	20	institutions	institution	NOUN
fbem-14096	59	21	,	,	PUNCT
fbem-14096	59	22	actively	actively	ADV
fbem-14096	59	23	participate	participate	VERB
fbem-14096	59	24	in	in	ADP
fbem-14096	59	25	price	price	NOUN
fbem-14096	59	26	setting	setting	NOUN
fbem-14096	59	27	and	and	CCONJ
fbem-14096	59	28	rule	rule	NOUN
fbem-14096	59	29	making	making	NOUN
fbem-14096	59	30	.	.	PUNCT
fbem-14096	60	1	these	these	DET
fbem-14096	60	2	measures	measure	NOUN
fbem-14096	60	3	will	will	AUX
fbem-14096	60	4	help	help	VERB
fbem-14096	60	5	china	china	PROPN
fbem-14096	60	6	to	to	PART
fbem-14096	60	7	develop	develop	VERB
fbem-14096	60	8	the	the	DET
fbem-14096	60	9	carbon	carbon	NOUN
fbem-14096	60	10	trading	trading	NOUN
fbem-14096	60	11	market	market	NOUN
fbem-14096	60	12	more	more	ADV
fbem-14096	60	13	smoothly	smoothly	ADV
fbem-14096	60	14	.	.	PUNCT
fbem-14096	61	1	according	accord	VERB
fbem-14096	61	2	to	to	ADP
fbem-14096	61	3	the	the	DET
fbem-14096	61	4	current	current	ADJ
fbem-14096	61	5	situation	situation	NOUN
fbem-14096	61	6	,	,	PUNCT
fbem-14096	61	7	the	the	DET
fbem-14096	61	8	national	national	ADJ
fbem-14096	61	9	society	society	NOUN
fbem-14096	61	10	is	be	AUX
fbem-14096	61	11	highly	highly	ADV
fbem-14096	61	12	concerned	concerned	ADJ
fbem-14096	61	13	about	about	ADP
fbem-14096	61	14	the	the	DET
fbem-14096	61	15	development	development	NOUN
fbem-14096	61	16	of	of	ADP
fbem-14096	61	17	the	the	DET
fbem-14096	61	18	carbon	carbon	NOUN
fbem-14096	61	19	trading	trading	NOUN
fbem-14096	61	20	market	market	NOUN
fbem-14096	61	21	,	,	PUNCT
fbem-14096	61	22	and	and	CCONJ
fbem-14096	61	23	the	the	DET
fbem-14096	61	24	participation	participation	NOUN
fbem-14096	61	25	and	and	CCONJ
fbem-14096	61	26	active	active	ADJ
fbem-14096	61	27	role	role	NOUN
fbem-14096	61	28	of	of	ADP
fbem-14096	61	29	the	the	DET
fbem-14096	61	30	china	china	PROPN
fbem-14096	61	31	government	government	NOUN
fbem-14096	61	32	is	be	AUX
fbem-14096	61	33	conducive	conducive	ADJ
fbem-14096	61	34	to	to	ADP
fbem-14096	61	35	changing	change	VERB
fbem-14096	61	36	from	from	ADP
fbem-14096	61	37	a	a	DET
fbem-14096	61	38	passive	passive	ADJ
fbem-14096	61	39	situation	situation	NOUN
fbem-14096	61	40	to	to	ADP
fbem-14096	61	41	an	an	DET
fbem-14096	61	42	active	active	ADJ
fbem-14096	61	43	one	one	NUM
fbem-14096	61	44	.	.	PUNCT
fbem-14096	62	1	china	china	PROPN
fbem-14096	62	2	's	's	PART
fbem-14096	62	3	carbon	carbon	NOUN
fbem-14096	62	4	trading	trading	NOUN
fbem-14096	62	5	market	market	NOUN
fbem-14096	62	6	has	have	AUX
fbem-14096	62	7	been	be	AUX
fbem-14096	62	8	developing	develop	VERB
fbem-14096	62	9	rapidly	rapidly	ADV
fbem-14096	62	10	since	since	SCONJ
fbem-14096	62	11	its	its	PRON
fbem-14096	62	12	birth	birth	NOUN
fbem-14096	62	13	,	,	PUNCT
fbem-14096	62	14	but	but	CCONJ
fbem-14096	62	15	the	the	DET
fbem-14096	62	16	government	government	NOUN
fbem-14096	62	17	and	and	CCONJ
fbem-14096	62	18	enterprises	enterprise	NOUN
fbem-14096	62	19	need	need	VERB
fbem-14096	62	20	to	to	PART
fbem-14096	62	21	work	work	VERB
fbem-14096	62	22	together	together	ADV
fbem-14096	62	23	to	to	PART
fbem-14096	62	24	create	create	VERB
fbem-14096	62	25	a	a	DET
fbem-14096	62	26	fairer	fair	ADJ
fbem-14096	62	27	trading	trading	NOUN
fbem-14096	62	28	order	order	NOUN
fbem-14096	62	29	and	and	CCONJ
fbem-14096	62	30	trading	trading	NOUN
fbem-14096	62	31	environment	environment	NOUN
fbem-14096	62	32	if	if	SCONJ
fbem-14096	62	33	the	the	DET
fbem-14096	62	34	market	market	NOUN
fbem-14096	62	35	wants	want	VERB
fbem-14096	62	36	to	to	PART
fbem-14096	62	37	develop	develop	VERB
fbem-14096	62	38	better	well	ADV
fbem-14096	62	39	and	and	CCONJ
fbem-14096	62	40	enable	enable	VERB
fbem-14096	62	41	more	more	ADJ
fbem-14096	62	42	enterprises	enterprise	NOUN
fbem-14096	62	43	to	to	PART
fbem-14096	62	44	improve	improve	VERB
fbem-14096	62	45	their	their	PRON
fbem-14096	62	46	return	return	NOUN
fbem-14096	62	47	on	on	ADP
fbem-14096	62	48	assets	asset	NOUN
fbem-14096	62	49	in	in	ADP
fbem-14096	62	50	carbon	carbon	NOUN
fbem-14096	62	51	trading	trading	NOUN
fbem-14096	62	52	activities	activity	NOUN
fbem-14096	62	53	.	.	PUNCT
fbem-14096	63	1	enterprises	enterprise	NOUN
fbem-14096	63	2	should	should	AUX
fbem-14096	63	3	seize	seize	VERB
fbem-14096	63	4	the	the	DET
fbem-14096	63	5	existing	exist	VERB
fbem-14096	63	6	opportunities	opportunity	NOUN
fbem-14096	63	7	,	,	PUNCT
fbem-14096	63	8	make	make	VERB
fbem-14096	63	9	full	full	ADJ
fbem-14096	63	10	use	use	NOUN
fbem-14096	63	11	of	of	ADP
fbem-14096	63	12	the	the	DET
fbem-14096	63	13	obtained	obtain	VERB
fbem-14096	63	14	resources	resource	NOUN
fbem-14096	63	15	and	and	CCONJ
fbem-14096	63	16	strive	strive	VERB
fbem-14096	63	17	to	to	PART
fbem-14096	63	18	create	create	VERB
fbem-14096	63	19	more	more	ADV
fbem-14096	63	20	considerable	considerable	ADJ
fbem-14096	63	21	value	value	NOUN
fbem-14096	63	22	in	in	ADP
fbem-14096	63	23	carbon	carbon	NOUN
fbem-14096	63	24	trading	trading	NOUN
fbem-14096	63	25	;	;	PUNCT
fbem-14096	63	26	the	the	DET
fbem-14096	63	27	government	government	NOUN
fbem-14096	63	28	should	should	AUX
fbem-14096	63	29	guide	guide	VERB
fbem-14096	63	30	financial	financial	ADJ
fbem-14096	63	31	institutions	institution	NOUN
fbem-14096	63	32	to	to	PART
fbem-14096	63	33	actively	actively	ADV
fbem-14096	63	34	participate	participate	VERB
fbem-14096	63	35	in	in	ADP
fbem-14096	63	36	carbon	carbon	NOUN
fbem-14096	63	37	trading	trading	NOUN
fbem-14096	63	38	,	,	PUNCT
fbem-14096	63	39	provide	provide	VERB
fbem-14096	63	40	supporting	support	VERB
fbem-14096	63	41	services	service	NOUN
fbem-14096	63	42	for	for	ADP
fbem-14096	63	43	carbon	carbon	NOUN
fbem-14096	63	44	trading	trading	NOUN
fbem-14096	63	45	,	,	PUNCT
fbem-14096	63	46	speed	speed	VERB
fbem-14096	63	47	up	up	ADP
fbem-14096	63	48	the	the	DET
fbem-14096	63	49	construction	construction	NOUN
fbem-14096	63	50	of	of	ADP
fbem-14096	63	51	regional	regional	ADJ
fbem-14096	63	52	carbon	carbon	NOUN
fbem-14096	63	53	trading	trading	NOUN
fbem-14096	63	54	system	system	NOUN
fbem-14096	63	55	,	,	PUNCT
fbem-14096	63	56	improve	improve	VERB
fbem-14096	63	57	the	the	DET
fbem-14096	63	58	bargaining	bargaining	NOUN
fbem-14096	63	59	power	power	NOUN
fbem-14096	63	60	of	of	ADP
fbem-14096	63	61	domestic	domestic	ADJ
fbem-14096	63	62	intermediaries	intermediary	NOUN
fbem-14096	63	63	,	,	PUNCT
fbem-14096	63	64	establish	establish	VERB
fbem-14096	63	65	and	and	CCONJ
fbem-14096	63	66	improve	improve	VERB
fbem-14096	63	67	laws	law	NOUN
fbem-14096	63	68	and	and	CCONJ
fbem-14096	63	69	regulations	regulation	NOUN
fbem-14096	63	70	and	and	CCONJ
fbem-14096	63	71	risk	risk	NOUN
fbem-14096	63	72	assessment	assessment	NOUN
fbem-14096	63	73	system	system	NOUN
fbem-14096	63	74	for	for	ADP
fbem-14096	63	75	carbon	carbon	NOUN
fbem-14096	63	76	trading	trading	NOUN
fbem-14096	63	77	,	,	PUNCT
fbem-14096	63	78	and	and	CCONJ
fbem-14096	63	79	finally	finally	ADV
fbem-14096	63	80	make	make	VERB
fbem-14096	63	81	full	full	ADJ
fbem-14096	63	82	use	use	NOUN
fbem-14096	63	83	of	of	ADP
fbem-14096	63	84	cdm	cdm	NOUN
fbem-14096	63	85	projects	project	NOUN
fbem-14096	63	86	and	and	CCONJ
fbem-14096	63	87	international	international	ADJ
fbem-14096	63	88	cooperation	cooperation	NOUN
fbem-14096	63	89	to	to	PART
fbem-14096	63	90	adopt	adopt	VERB
fbem-14096	63	91	clean	clean	ADJ
fbem-14096	63	92	energy	energy	NOUN
fbem-14096	63	93	technologies	technology	NOUN
fbem-14096	63	94	to	to	PART
fbem-14096	63	95	further	far	ADV
fbem-14096	63	96	improve	improve	VERB
fbem-14096	63	97	energy	energy	NOUN
fbem-14096	63	98	efficiency	efficiency	NOUN
fbem-14096	63	99	,	,	PUNCT
fbem-14096	63	100	reduce	reduce	VERB
fbem-14096	63	101	emissions	emission	NOUN
fbem-14096	63	102	and	and	CCONJ
fbem-14096	63	103	improve	improve	VERB
fbem-14096	63	104	the	the	DET
fbem-14096	63	105	environment	environment	NOUN
fbem-14096	63	106	.	.	PUNCT
fbem-14096	64	1	5	5	X
fbem-14096	64	2	.	.	X
fbem-14096	64	3	conclusion	conclusion	NOUN
fbem-14096	64	4	to	to	ADP
fbem-14096	64	5	some	some	DET
fbem-14096	64	6	extent	extent	NOUN
fbem-14096	64	7	,	,	PUNCT
fbem-14096	64	8	the	the	DET
fbem-14096	64	9	development	development	NOUN
fbem-14096	64	10	of	of	ADP
fbem-14096	64	11	domestic	domestic	ADJ
fbem-14096	64	12	carbon	carbon	NOUN
fbem-14096	64	13	trading	trading	NOUN
fbem-14096	64	14	market	market	NOUN
fbem-14096	64	15	is	be	AUX
fbem-14096	64	16	closely	closely	ADV
fbem-14096	64	17	related	relate	VERB
fbem-14096	64	18	to	to	ADP
fbem-14096	64	19	government	government	NOUN
fbem-14096	64	20	policies	policy	NOUN
fbem-14096	64	21	and	and	CCONJ
fbem-14096	64	22	marketization	marketization	NOUN
fbem-14096	64	23	.	.	PUNCT
fbem-14096	65	1	the	the	DET
fbem-14096	65	2	government	government	NOUN
fbem-14096	65	3	needs	need	VERB
fbem-14096	65	4	to	to	PART
fbem-14096	65	5	introduce	introduce	VERB
fbem-14096	65	6	a	a	DET
fbem-14096	65	7	perfect	perfect	ADJ
fbem-14096	65	8	carbon	carbon	NOUN
fbem-14096	65	9	trading	trading	NOUN
fbem-14096	65	10	market	market	NOUN
fbem-14096	65	11	supervision	supervision	NOUN
fbem-14096	65	12	mechanism	mechanism	NOUN
fbem-14096	65	13	as	as	ADV
fbem-14096	65	14	soon	soon	ADV
fbem-14096	65	15	as	as	ADP
fbem-14096	65	16	possible	possible	ADJ
fbem-14096	65	17	,	,	PUNCT
fbem-14096	65	18	and	and	CCONJ
fbem-14096	65	19	the	the	DET
fbem-14096	65	20	carbon	carbon	NOUN
fbem-14096	65	21	trading	trading	NOUN
fbem-14096	65	22	market	market	NOUN
fbem-14096	65	23	and	and	CCONJ
fbem-14096	65	24	enterprises	enterprise	NOUN
fbem-14096	65	25	should	should	AUX
fbem-14096	65	26	carry	carry	VERB
fbem-14096	65	27	out	out	ADP
fbem-14096	65	28	comprehensive	comprehensive	ADJ
fbem-14096	65	29	development	development	NOUN
fbem-14096	65	30	of	of	ADP
fbem-14096	65	31	carbon	carbon	NOUN
fbem-14096	65	32	trading	trading	NOUN
fbem-14096	65	33	.	.	PUNCT
fbem-14096	66	1	at	at	ADP
fbem-14096	66	2	the	the	DET
fbem-14096	66	3	same	same	ADJ
fbem-14096	66	4	time	time	NOUN
fbem-14096	66	5	,	,	PUNCT
fbem-14096	66	6	strengthening	strengthen	VERB
fbem-14096	66	7	the	the	DET
fbem-14096	66	8	unification	unification	NOUN
fbem-14096	66	9	of	of	ADP
fbem-14096	66	10	market	market	NOUN
fbem-14096	66	11	and	and	CCONJ
fbem-14096	66	12	platform	platform	NOUN
fbem-14096	66	13	,	,	PUNCT
fbem-14096	66	14	improving	improve	VERB
fbem-14096	66	15	the	the	DET
fbem-14096	66	16	liquidity	liquidity	NOUN
fbem-14096	66	17	and	and	CCONJ
fbem-14096	66	18	supervision	supervision	NOUN
fbem-14096	66	19	mechanism	mechanism	NOUN
fbem-14096	66	20	of	of	ADP
fbem-14096	66	21	carbon	carbon	NOUN
fbem-14096	66	22	trading	trading	NOUN
fbem-14096	66	23	market	market	NOUN
fbem-14096	66	24	,	,	PUNCT
fbem-14096	66	25	and	and	CCONJ
fbem-14096	66	26	enhancing	enhance	VERB
fbem-14096	66	27	enterprises	enterprise	NOUN
fbem-14096	66	28	'	'	PART
fbem-14096	66	29	awareness	awareness	NOUN
fbem-14096	66	30	of	of	ADP
fbem-14096	66	31	carbon	carbon	NOUN
fbem-14096	66	32	trading	trading	NOUN
fbem-14096	66	33	regulations	regulation	NOUN
fbem-14096	66	34	are	be	AUX
fbem-14096	66	35	also	also	ADV
fbem-14096	66	36	the	the	DET
fbem-14096	66	37	keys	key	NOUN
fbem-14096	66	38	to	to	ADP
fbem-14096	66	39	the	the	DET
fbem-14096	66	40	future	future	ADJ
fbem-14096	66	41	development	development	NOUN
fbem-14096	66	42	of	of	ADP
fbem-14096	66	43	china	china	PROPN
fbem-14096	66	44	carbon	carbon	NOUN
fbem-14096	66	45	trading	trading	NOUN
fbem-14096	66	46	market	market	NOUN
fbem-14096	66	47	.	.	PUNCT
fbem-14096	67	1	references	reference	NOUN
fbem-14096	67	2	[	[	X
fbem-14096	67	3	1	1	NUM
fbem-14096	67	4	]	]	X
fbem-14096	67	5	zhao	zhao	PROPN
fbem-14096	67	6	,	,	PUNCT
fbem-14096	67	7	c.l	c.l	PROPN
fbem-14096	67	8	.	.	PROPN
fbem-14096	67	9	(	(	PUNCT
fbem-14096	67	10	2016	2016	NUM
fbem-14096	67	11	)	)	PUNCT
fbem-14096	67	12	problems	problem	NOUN
fbem-14096	67	13	and	and	CCONJ
fbem-14096	67	14	countermeasures	countermeasure	NOUN
fbem-14096	67	15	in	in	ADP
fbem-14096	67	16	the	the	DET
fbem-14096	67	17	development	development	NOUN
fbem-14096	67	18	of	of	ADP
fbem-14096	67	19	china	china	PROPN
fbem-14096	67	20	's	's	PART
fbem-14096	67	21	carbon	carbon	NOUN
fbem-14096	67	22	trading	trading	NOUN
fbem-14096	67	23	market	market	NOUN
fbem-14096	67	24	.	.	PUNCT
fbem-14096	68	1	zhifu	zhifu	PROPN
fbem-14096	68	2	times	times	PROPN
fbem-14096	68	3	,	,	PUNCT
fbem-14096	68	4	10	10	NUM
fbem-14096	68	5	.	.	PUNCT
fbem-14096	69	1	[	[	X
fbem-14096	69	2	2	2	NUM
fbem-14096	69	3	]	]	X
fbem-14096	69	4	cai	cai	X
fbem-14096	69	5	,	,	PUNCT
fbem-14096	69	6	y.h	y.h	PROPN
fbem-14096	69	7	.	.	PROPN
fbem-14096	69	8	(	(	PUNCT
fbem-14096	69	9	2017	2017	NUM
fbem-14096	69	10	)	)	PUNCT
fbem-14096	69	11	research	research	NOUN
fbem-14096	69	12	on	on	ADP
fbem-14096	69	13	the	the	DET
fbem-14096	69	14	current	current	ADJ
fbem-14096	69	15	situation	situation	NOUN
fbem-14096	69	16	and	and	CCONJ
fbem-14096	69	17	problems	problem	NOUN
fbem-14096	69	18	of	of	ADP
fbem-14096	69	19	domestic	domestic	ADJ
fbem-14096	69	20	carbon	carbon	NOUN
fbem-14096	69	21	trading	trading	NOUN
fbem-14096	69	22	market	market	NOUN
fbem-14096	69	23	.	.	PUNCT
fbem-14096	70	1	china	china	PROPN
fbem-14096	70	2	journal	journal	PROPN
fbem-14096	70	3	of	of	ADP
fbem-14096	70	4	commerce	commerce	PROPN
fbem-14096	70	5	,	,	PUNCT
fbem-14096	70	6	7	7	NUM
fbem-14096	70	7	:	:	SYM
fbem-14096	70	8	05	05	NUM
fbem-14096	70	9	-	-	SYM
fbem-14096	70	10	06	06	NUM
fbem-14096	70	11	.	.	PUNCT
fbem-14096	71	1	[	[	X
fbem-14096	71	2	3	3	NUM
fbem-14096	71	3	]	]	X
fbem-14096	71	4	lin	lin	PROPN
fbem-14096	71	5	,	,	PUNCT
fbem-14096	71	6	y.h	y.h	PROPN
fbem-14096	71	7	.	.	PROPN
fbem-14096	71	8	(	(	PUNCT
fbem-14096	71	9	2012	2012	NUM
fbem-14096	71	10	)	)	PUNCT
fbem-14096	71	11	domestic	domestic	ADJ
fbem-14096	71	12	and	and	CCONJ
fbem-14096	71	13	foreign	foreign	ADJ
fbem-14096	71	14	carbon	carbon	NOUN
fbem-14096	71	15	finance	finance	NOUN
fbem-14096	71	16	business	business	NOUN
fbem-14096	71	17	development	development	NOUN
fbem-14096	71	18	status	status	NOUN
fbem-14096	71	19	.	.	PUNCT
fbem-14096	72	1	chinese	chinese	PROPN
fbem-14096	72	2	&	&	CCONJ
fbem-14096	72	3	foreign	foreign	ADJ
fbem-14096	72	4	entrepreneurs	entrepreneur	NOUN
fbem-14096	72	5	,	,	PUNCT
fbem-14096	72	6	3	3	NUM
fbem-14096	72	7	:	:	PUNCT
fbem-14096	72	8	7172	7172	NUM
fbem-14096	72	9	.	.	PUNCT