A new carbon emission reduction mechanism: Carbon Generalized System of Preferences (CGSP).

Countries throughout the whole world, including China, are working together to curb the greenhouse effect, but the effects seem very limited in spite of the fact that various low-carbon development strategies have been adopted, particularly in industrial enterprises. Therefore, carbon emissions caused by the public should be taken seriously, and the public should be encouraged to engage in behavior that limits carbon emissions. Therefore, this article introduces a new incentive mechanism called the Carbon Generalized System of Preferences (CGSP), which was first introduced in Guangdong Province, China.