Feng, Zhen-Hua; Liu, Chun-Feng; Wei, Yi-Ming - In: International Journal of Global Energy Issues 35 (2011) 2/3/4, pp. 132-144
By proposing the hypotheses for carbon price volatility, this paper uses variance ratio and Ensemble Empirical Mode … Decomposition (EEMD) to analyse the carbon price. Results show that carbon market is temperature-sensitive, affected by seasonal … changes, which presents a style of movement amplitude; carbon price is affected by the market mechanism at a high frequency …