Abstract We propose a model for trading in emission allowances in the EU Emission Trading Scheme (ETS). Exploiting an arbitrage... Read more

The Grantham Research Institute publishes its own Working Paper series, aimed at stimulating discussion among researchers across a wide range of academic disciplines. The Institute also produces policy publications and consultation responses, to inform decision-makers in the UK and internationally. Staff from the Institute regularly publish in leading academic journals and contribute to a broad range of reports and books.
Abstract We propose a model for trading in emission allowances in the EU Emission Trading Scheme (ETS). Exploiting an arbitrage... Read more
Working Paper 12 Abstract Emissions trading markets have been touted as the most efficient mechanism to achieve environmental goals at... Read more
Working Paper 11 Abstract Carbon markets are central to the global effort to reduce greenhouse gas emissions. We introduce a... Read more
A summary of presentations at a symposium in the House of Lords on 27 October 2009. Read more
Chapter author in book, published October 2009 – Link to publisher Read more
Aldersgate Group, October 2009 (Contributor) – External link to publication Read more
Working Paper 10 Abstract There is an increasing demand for putting a shadow price on the environment to guide public... Read more
‘Meeting the Climate Challenge: Using Public Funds to Leverage Private Investment in Developing Countries’ is the output of a public/private... Read more
Working Paper 9 Abstract To what extent does economic analysis of climate change depend on low-probability, high-impact events? This question... Read more
Working Paper 8 Abstract Although there is evidence that CO2-efficiency enhancing innovations in one country diffuse into other countries to... Read more