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How does the EU ETS reform impact allowance prices? : the role of myopia, hedging requirements and the hotelling rule
Bocklet, Johanna; Hintermayer, Martin - 2020
the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging …-ante in the decision making of the firms. Myopia and hedging requirements have little impact in the prereform market but … explain the market outcomes in the third trading period of the EU ETS. If myopia and hedging requirements are considered …
Persistent link: https://www.econbiz.de/10012291879
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How does the EU ETS reform impact allowance prices? : the role of myopia, hedging requirements and the Hotelling rule
Bocklet, Johanna; Hintermayer, Martin - 2020
the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging …-ante in the decision making of the firms. Myopia and hedging requirements have little impact in the pre-reform market but … explain the market outcomes in the third trading period of the EU ETS. If myopia and hedging requirements are considered …
Persistent link: https://www.econbiz.de/10012164271
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How does the EU ETS reform impact allowance prices? The role of myopia, hedging requirements and the Hotelling rule
Bocklet, Johanna; Hintermayer, Martin - 2020
the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging …-ante in the decision making of the firms. Myopia and hedging requirements have little impact in the pre-reform market but … explain the market outcomes in the third trading period of the EU ETS. If myopia and hedging requirements are considered …
Persistent link: https://www.econbiz.de/10012384103
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The reformed EU ETS in times of economic crises: The case of the COVID-19 pandemic
Bocklet, Johanna - 2020
To tackle structural supply-demand imbalances and to increase price stability in times of economic crises,policy makers reformed the European Union Emission Trading System (EU ETS) substantially in 2015 and 2018. As the COVID-19 pandemic led to an unforeseen contraction of the economy,it serves...
Persistent link: https://www.econbiz.de/10012619033
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The reformed EU ETS in times of economic crises : the case of the COVID-19 pandemic
Bocklet, Johanna - 2020
To tackle structural supply-demand imbalances and to increase price stability in times of economic crises,policy makers reformed the European Union Emission Trading System (EU ETS) substantially in 2015 and 2018. As the COVID-19 pandemic led to an unforeseen contraction of the economy,it serves...
Persistent link: https://www.econbiz.de/10012423443
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On the theory of emissions trading : applications to the EU ETS
Hintermayer, Martin Otto - 2021
Persistent link: https://www.econbiz.de/10013258064
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How Does the EU ETS Reform Impact Allowance Prices? The Role of Myopia, Hedging Requirements and the Hotelling Rule
Bocklet, Johanna; Hintermayer, Martin - 2021
the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging …-ante in the decision making of the firms. Myopia and hedging requirements have little impact in the pre-reform market but … explain the market outcomes in the third trading period of the EU ETS. If myopia and hedging requirements are considered …
Persistent link: https://www.econbiz.de/10013315290
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The reformed EU ETS: Intertemporal emission trading with restricted banking
Bocklet, Johanna; Hintermayer, Martin; Schmidt, Lukas; … - 2019
the intertemporal allowance market that accurately depicts these reforms assuming that prices develop with the Hotelling …
Persistent link: https://www.econbiz.de/10012099494
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The reformed EU ETS : intertemporal emission trading with restricted banking
Bocklet, Johanna; Hintermayer, Martin; Schmidt, Lukas; … - 2019
the intertemporal allowance market that accurately depicts these reforms assuming that prices develop with the Hotelling …
Persistent link: https://www.econbiz.de/10011990912
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Fit for 55? An assessment of the effectiveness of the EU COM's reform proposal for the EU ETS
Wildgrube, Theresa - 2022
To achieve the EU's new climate target of reducing emissions by at least 55% until 2030, the European Commission proposed a reform of the EU ETS in its 'Fit for 55' legislative package. The reform entails an increase of the linear reduction factor (LRF), an adjustment of the intake rules for the...
Persistent link: https://www.econbiz.de/10013482849