Wei, Yi-Ming; Feng, Zhen-Hua; Liu, Chun-Feng - Center for Energy and Environmental Policy Research … - 2010
By proposing the hypotheses for carbon price volatility, this paper uses variance ratio and Ensemble Empirical mode decomposition (EEMD) to analyze the carbon price. Results show that carbon price is influenced by temperature, market mechanism and heterogeneous environment. Carbon market is...