Temporal restrictions on emissions trading and the implications for the carbon futures market: Lessons from the EU emissions trading scheme
Sign Up to like & getrecommendations! Published in 2018 at "Energy Policy"
DOI: 10.1016/j.enpol.2018.01.008
Abstract: Abstract Prohibiting the intertemporal trading of emission allowances induces positive risk premia in futures prices when the trading of the contracts and their expiry take place in time periods separated by this trading ban. In… read more here.
Keywords: trading scheme; temporal restrictions; restrictions emissions; emissions trading ... See more keywords