中文摘要：

针对目前我国碳限额与交易（Carbon Cap and Trade 简称 CAT）机制逐步推进，研究 CAT 机制影响下的供应链定价策略。建立 CAT 机制约束下的两阶段 Stackelberg 模型。得到制造商主导下三级供应链定价策略，并分析供应链历史碳排放和碳交易市场波动对定价策略及结果的影响。研究结果表明，CAT 机制对历史碳排放量越高的供应链约束力越强，且碳交易市场价格波动对供应链期望收益有显著影响。

英文摘要：

In view of the development of Carbon Cap and Trade （CAT）mechanism in China,the supply chain pricing strategy under the CAT mechanism is researched.A two stage Stackelberg model is established under the constraint of CAT mechanism.The research results show that the CAT mechanism can restrain the supply chain of high emissions and price volatility in carbon trading market has a significant impact on the supply chain expected return.