Chaton, Corinne; Creti, Anna; Peluchon, Benoît - Université Paris-Dauphine (Paris IX) - 2015
In this article we focus on the so-called back-loading policy adopted by the European Commission to increase the carbon market price. This environmental measure consists of removing a share of the allowances allocated for a given period in order to reallocate some or all of them later on. To...