Rickels, Wilfried; Görlich, Dennis; Oberst, Gerrit - 2010
In 2005, the European Emission Trading Scheme (EU-ETS) established a new commodity: the right to emit a ton of CO2 (EUA … important short-term abatement option for most installations in the EU-ETS. The empirical results show a significant influence … is improved by the inclusion of time series characteristics. -- Carbon emission trading ; EU ETS ; Carbon price influence …