reserve price that would set a minimum price in allowance auctions. Opponents of an auction reserve price in the EU ETS have … expressed concern that a minimum auction price would interfere with economic operations in the market or would be tantamount to … and legal arguments for and against an auction reserve price. Our economic analysis concludes that an auction reserve …

adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic … at the EU Member State level. We find that both a variable carbon tax and an auction reserve price support effective … with a variable tax, while they are worse off than other Member States under an auction reserve price. …

allowances of CO2, by focusing on the dynamics of daily auction equilibrium prices and on the changes of the volatility of the … auction rules and bidders' behavior and uses them as a theoretical basis of the statistical hypothesis–common to the empirical …

The purpose of this study was to design an auction mechanism for use by the Regional Greenhouse Gas Initiative (RGGI … auction types considered to be likely candidates for use in a CO₂ allowance auction: sealed-bid, increasing …-price sequential (English clock), and decreasing-price sequential (Dutch) auction forms. We also examined whether sealed-bid auctions …