This paper provides the most updated state of art in the empirical literature on carbon permits as inputs and financial assets. Analyses refer to the operation of the European market for allowances in the Pilot Phase. Results are particular intriguing as they posit the bases for future assessments.
Carbon allowances as inputs or financial assets: lessons learned from the Pilot Phase of the EU-ETS
BONACINA, MONICA;COZIALPI, SIMONE
2009
Abstract
This paper provides the most updated state of art in the empirical literature on carbon permits as inputs and financial assets. Analyses refer to the operation of the European market for allowances in the Pilot Phase. Results are particular intriguing as they posit the bases for future assessments.
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