The entire International financial market has been shaken by the financial panic which caused by the subprime crisis

which has turned into a terrible financial tsunami. The carbon marked which just in the starting stage has also shocked by the crisis

some participants who has evolved has lost their way. This report analysis the opportunity and threat when China’s carbon market facing the recession from three aspects which are supply

demand

and price. It also gives some suggestions to the current international emission trading system

which are better ways to emission trade and China’s "energy saving & emission reduction". This article has provided a good concept to the related parties to understand the opportunity and threat in China’s current carbon market.