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The United Kingdom's Emissions Trading Scheme has its roots in the European Union Emissions Trading Scheme and these are both hinged on the effectiveness of the “cap and trade system”.The system and the scheme have had their criticisms, especially with regard to their capacity to actually...
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This study examines the relation of stock returns and the announcements on verified emissions in the European Emission Trading Scheme (EU ETS). In a first step we employ event study methods to detect possibly abnormal returns on the respective announcement dates using a sample of quoted stock...
Persistent link: https://www.econbiz.de/10009625132
Policymakers have been considering vehicle and fuel taxes to reduce transportation greenhouse gas emissions, but there is little evidence on the relative efficacy of these approaches. We examine an annual vehicle registration tax, the Vehicle Excise Duty (VED), which is based on carbon emissions...
Persistent link: https://www.econbiz.de/10012956517
interests that played a deci- sive role in the establishment of the auction mechanism. The article provides an analysis of the … formal and informal rules of the auction trade for real estate and argues that 19 th century real estate auctions did not … than auction theory assumes. …
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. In the preparation of the auction, two designs involving each a hybrid of an English and a sealed-bid auction were … also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences … disappear as bidders get experienced. Compared to the discriminatory format, the pure English auction gives new entrants better …
Persistent link: https://www.econbiz.de/10011540075