fiscal and taxation policy innovation under the carbon budget

• 1、Economy and Trade College,Hunan University
• 2、Economy and Trade College,Hunan University,Changsha 410079,China

Abstract：Carbon budget is an innovation of the financial system to push low carbon economic transformation and fiscal policy tools to regulate the national economic operation.At present, the low carbon economic transformation is not in the post-industrial development, still do not have the basis and conditions for implementing the carbon budget, fully implement of carbon budget can aggravate the cost burden of economic development. This paper argues that, low carbon economy transformation in China must coordinate with international climate change and political and economic game process suitably, under the "common but differentiated responsibilities" principle, learn from the integration and decomposition effect of theBritish "carbon budget plan", blend the low carbon development into the economic development and financial budget plan, construct fiscal and taxation policy support system to get carbon reduction targets, make the fiscal and taxation system arrangement fit the requirement of low carbon economic development, in order to accelerate the economic development and low carbon transformation in China.

Keywords： carbon budget low carbon economy fiscal and taxation policy