Carbon Credits: Who is the Leader of the Pack?
We provide the first intraday analysis on the contribution to price discovery of two emissions carbon credits: European Union Allowances (EUAs) and Certified Emission Reductions (CERs). We find that EUAs lead price discovery but CERs play a growing role and, therefore, should not be ignored.
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2013-09-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31905/350728?publisher=http-www-cag-edu-tr-ilhan-ozturk |