An emerging equilibrium in the EU emissions trading scheme

By Don Bredin, Cal B. Muckley. 2011

182 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/debb612e05424ccc48330362d32f20556135e648

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Citations in the corpus

Risk Spillovers across the Energy and Carbon Markets and Hedging Strategies for Carbon Risk (2016, background): “…economic and energy price drivers of carbon allowances prices (e.g., Mansanet-Bataller et al., 2007; Alberola et al., 2008; Keppler and Mansanet-Bataller, 2010; Kim and Koo, 2010; Bredin and Muckley, 2011; Creti et al., 2012; Aatola et al., 2013; Lutz al., 2013; Sousa and Aguiar-Conraria, 2014).”
Carbon allowance auction design of China's emissions trading scheme: A multi-agent-based approach (2017, methodology): “Different from other mitigation tools, ETS is a flexible approach using the market-driven mechanism rather than compulsory regulations (Egenhofer, 2007; Bredin and Muckley, 2011).”
Dynamics of China’s carbon prices in the pilot trading phase (2017, background): “The weak relationships between carbon allowances and pricing fundamentals are not surprising given the age of the pilot markets (See Montagnoli and De Vries, 2010; Bredin and Muckley, 2011; Creti et al., 2012.). As Chevalier (2009) points out,”
Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything? - New evidence (2014, methodology): “The first studies (Bredin and Muckley, 2011; Creti et al., 2012; Koch, 2014) suggest that a new pricing regime with an increased dependency between EUA, fuel and stock prices emerges in the Phase I-to-Phase II period, which may be attributed to advances in the EU ETS market design and maturity.”
A model of carbon price interactions with macroeconomic and energy dynamics (2011, methodology): “In recent contributions, Bredin and Muckley (2011) examined the extent to which several theoretically founded factors including economic growth, energy prices and weather conditions determine the expected prices of the EU CO2 allowances during 2005–2009.”
The marginal impacts of energy prices on carbon price variations: Evidence from a quantile-on-quantile approach (2021, unknown): “For example, the impact of oil prices is found to be either positive (see, e.g., Chevallier, 2009; Creti et al., 2012; Reboredo and Ugolini, 2018), or negative/insigniﬁcant (see, e.g., Bredin and Muckley, 2011; Reboredo, 2014; Hammoudeh et al., 2014b, 2015; Yu et al., 2015b).”
Forecasting the European carbon market (2013, background): “Bredin and Muckley (2011) found significant relationships between carbon prices and stock prices and an index of industrial production.”
Nonlinearity in cap-and-trade systems: The EUA price and its fundamentals (2013, background): “Mansanet-Bataller, Pardo, and Valor (2007), Alberola, Chevallier, and Chèze (2008), and Hintermann (2010) provide evidence for a strong impact of energy prices and extreme temperatures, while Alberola, Chevallier, and Chèze (2009a) and Alberola, Chevallier, and Chèze (2009b) show that also the indus”