Mansanet-Bataller, Maria; Chevallier, Julien; … - HAL - 2010
This article studies the price relationships between EU emissions allowances (EUAs) – valid under the EU Emissions … Trading Scheme (EU ETS) – and secondary Certified Emissions Reductions (sCERs) – established from primary CERs generated …-related fundamental drivers. This might be justified by the fact that the EU ETS remains the greatest source of CER demand to date. …