Publication
Nov 2012
In this paper, the authors investigate potential determinants of allowance (EUA) price dynamics in the European Union Emission Trading Scheme (EU ETS) during Phase II. They analyze a significantly longer time series, place particular emphasis on the importance of price variable selection, and include an extensive data of renewable energy feed-in in Europe. Finally, they conclude that the expectation of a more mature allowance market in Phase II cannot be confirmed.
Download |
English (PDF, 40 pages, 602 KB) |
---|---|
Author | Wilfried Rickels, Dennis Görlich, Gerrit Oberst, Sonja Peterson |
Series | Kiel Institute Working Papers |
Issue | 1804 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2012 Kiel Institute for the World Economy |