dc.contributor.author | SCHUMACHER, Katja | |
dc.contributor.author | CLUDIUS, Johanna | |
dc.contributor.author | MATTHES, Felix | |
dc.contributor.author | DIEKMANN, Jochen | |
dc.contributor.author | ZAKLAN, Aleksandar | |
dc.contributor.author | SCHLEICH, Joachim | |
dc.date.accessioned | 2016-03-11T16:52:40Z | |
dc.date.available | 2016-03-11T16:52:40Z | |
dc.date.issued | 2012 | |
dc.identifier.issn | 1862-4359 | |
dc.identifier.uri | https://hdl.handle.net/1814/39891 | |
dc.description.abstract | This report explores the determinants of short run price movements in the carbon market and their interaction with energy markets, in particular with the electricity market. Focusing on Phase 2 of the EU ETS we conduct econometric time series analysis based on continental EU and UK market data. Our findings suggest that market fundamentals have a dominant effect on the EUA price, but that non-fundamental factors may also play a role. We further found that the electricity price has a significant positive impact on the carbon price in the short run. | |
dc.language.iso | en | |
dc.relation.ispartofseries | Umwelt Bundesamt | en |
dc.relation.ispartofseries | Climate Change | en |
dc.relation.ispartofseries | 2012/11 | en |
dc.relation.uri | http://www.uba.de/uba-info-medien-e/4300.html | |
dc.title | Price determinants of the European carbon market and interactions with energy markets | |
dc.type | Technical Report | |
eui.subscribe.skip | true | |