Research on the Executability of Carbon Allowance in Two-carbon Background

The enforcement of carbon quota has created a precedent in the field of property enforcement, but the related field is still blank both in theory and legislation. In order to provide theoretical support for the enforcement of carbon quota, carbon emission right should be defined as a property right. The execution scope of carbon allowance should include the initial quota issued free of charge and the CCER (Certified Emission Reduction). The execution method should include auction and direct debt repayment, and the execution order should be lower. The contract execution should be given priority in case of conflicts between the frozen carbon allowance and the time limit for the contract execution , . In order to deal with the risk of the expiration of the carbon allowance, it is suggested to remove the time limit for the carry-over of the carbon allowance. The carbon allowance that has been frozen by the judicial system shall not be voluntarily cancelled. In the case of no dispute, it should be presumed that the voluntary cancellation is for the purpose of public welfare. When the voluntary cancellation is detrimental to the interests of creditors, creditors can be granted the right of cancellation to achieve relief.