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China uses more than 60 percent of coal in its energy mix. This heavy reliance has strong environmental consequences notably with SO2 and CO2 emissions for which China is the world first emitter. This already has tremendous implications on a local, regional and global scale. Therefore, there is...
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This paper investigates the economic consequences of permits allocation rules. Following the rapid development of the Kyoto Protocol and the EU Emission Trading Scheme, it appears critical to better understand the procedure of allocation of permits between countries/firms and its distributive...
Persistent link: https://www.econbiz.de/10011073843
Dresse un panorama complet de ce domaine de l'énergie. Tisse l'intrication des données technologiques, capitalistiques, politiques, écologiques.
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This article aims at characterizing the daily price fundamentals of European Union Allowances (EUAs) traded since 2005 as part of the Emissions Trading Scheme (ETS). First, the presence of two structural changes on April, 2006 following the disclosure of 2005 veri?ed emissions and on October,...
Persistent link: https://www.econbiz.de/10010708274
prices, are presented. The fourth section examines the two main applications of term structure models: hedging and valuation …
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the EQ-5D with 5 levels for each dimension and to test a new valuation method called Scoring. …
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