Jaehn, Florian; Letmathe, Peter - In: European Journal of Operational Research 202 (2010) 1, pp. 248-254
This article considers the price history of CO2 allowances in the EU Emission Trading Scheme. Since European Emissions Trading started in 2005, the prices of allowances have varied between less than one and thirty Euro per ton of CO2. This previously unpredicted volatility and, more notably, a...