Publications

Emissions trading with rolling horizons

Working paper by Simon Quemin, Raphaël Trotignon on 30 Aug 2019

The authors of this paper develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante. read more »


Intertemporal emissions trading and market design: an application to the EU ETS

Working paper by Simon Quemin, Raphaël Trotignon on 15 Jan 2019

The authors of this paper develop a model to assess the market stability reserve, a key feature of reforming the European Union’s emissions trading system (EU ETS), concluding that it is successful in raising the allowance price, but is limited in its ability to improve the system’s resilience to allowance demand shocks. read more »