Abstract This paper examines the impact of an emissions trading scheme (ETS) on equilibrium emissions, output, price, market concentration, and... Read more
carbon markets
Working Paper 49 Abstract Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of... Read more
Abstract Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan,... Read more
Like other commodity markets, the “global” carbon market is in fact a series of smaller, differentiated trading platforms and products,... Read more
Abstract This paper analyses the design of carbon markets in time (i.e., intertemporally). It is part of a twin set... Read more
Designing carbon markets Read more
Abstract We propose a model for trading in emission allowances in the EU Emission Trading Scheme (ETS). Exploiting an arbitrage... Read more
Working Paper 3 Abstract We analyse the design of carbon markets in time (intertemporally) and space (geographically) from first principles,... Read more
Leading experts from around the world are gathering today (5 May 2009) at London School of Economics and Political Science... Read more
Fouquet, R. 2003. Climate Policy (special Emissions Trading issue), v.3, pp.143-55. Read more