Working paper by Pauline Barrieu, Max Fehr on 1 Mar 2011
In this paper, we propose a market consistent futures price dynamics model for cap-and-trade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme … read more »
Working paper by on 1 Oct 2010
The allocation rules for phase one EU ETS emissions permits demonstrates that energy generators were lobbying winners because they successfully blocked differential treatment (rules) from energy … read more »
Working paper by Rene Carmona, Max Fehr, Juri Hinz on 1 Nov 2009
Emissions trading markets have been touted as the most efficient mechanism to achieve environmental goals at least cost. Whether in the form of voluntary markets or … read more »
