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physical settlement during the second market phase of the EU ETS. We employ a series of estimation methods that allow for an …
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recently revised EU ETS Directive, we then combine a country’s phase-out policy with canceling the permits it formerly used to …
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With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but …
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According to the Phase IV (2021-2030) rules of the EU ETS, the total amount of emissions permits allocated to firms is …
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green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …
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We study the variation of global and unilateral carbon price recommendations and their determinants. To this end, we provide survey evidence on carbon pricing from more than 400 experts across almost 40 countries. We quantify the extent of (dis-)agreement and reveal that a majority of experts...
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