Market and Price Developments in the European Union Emissions Trading Scheme

By F. Convery, L. Redmond. Review of Environmental Economics and Policy, 2007

359 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Global and Planetary Change, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/8bd04637547a071084cdc0aca64c0d6ada81b1e3

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Citations in the corpus

THE EU 20/20/2020 targets: An overview of the EMF22 assessment (2009, background): “The EU ETS is the first large-scale, international market for emissions permits (Convery 2009;Convery and Redmond 2007;Ellerman and Buchner 2007).”
Energy markets and CO2 emissions: Analysis by stochastic copula autoregressive model (2015, neutral): “Redmond and Convery (2007)[10], Battaler et al (2013)[11], Alberola et al (2008)[6] and all studies including energy variables, assumed geometrical brownian motion process for modeling energy prices.”
Transaction costs for firms in the EU ETS: lessons from Ireland (2010, background): “According to an earlier survey by Convery and Redmond (2007) brokerage fees per tonne of CO2 traded declined from €0.10 in January 2005 to €0.06 in August 2006.”
Lessons Learned from Three Decades of Experience with Cap-and-Trade (2015, neutral): “This created incentives for individual countries to be generous with their allowances (Convery and Redmond 2007).”
Capabilities and strategic entrepreneurship in public organizations (2013, background): “Examples include legislation by the European Commission (Convery and Redmond, 2007; Knoll and Engels, 2012) that helped in the creation of carbon markets (Olmstead and Stavins, 2006; Stavins, 2003) and legislation aimed at promoting the use of electric cars in California (Calef and Goble, 2007; Kemp”
European CO2 prices and carbon capture investments (2008, methodology): “On the other hand, according to Convery and Redmond [ 10 ], an analysis of the ETS between December 1st 2004 and July 31st 2006 reveals that movements in energy prices have had the most signi…cant impact on the development of allowance prices.”
An emerging equilibrium in the EU emissions trading scheme (2011, neutral): “8 Member states were allowed to auction up to 5% of their total allowance allocation in Phase 1 (Convery and Redmond, 2007).”
The design of environmental markets: What have we learned from experience with cap and trade? (2017, background): “This created incentives for individual countries to be generous with their allowances to protect their economic competitiveness (Convery and Redmond, 2007).”
Understanding volatility dynamics in the EU-ETS market (2009, background): “Table 5 reports results for the speci…cation (11)-( 14 ).”