Analysis of the EU ETS

Thesis advisor: Richard Tresch === As global warming became a more urgent issue, the European Union (EU) nations formed the EU emission trading scheme (EU ETS) to regulate carbon emissions. The EU ETS set upper limits for each EU nation’s carbon emission levels in three distinctive phases to gradual...

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Main Author: Lee, Hyung
Format: Others
Language:English
Published: Boston College 2016
Subjects:
Online Access:http://hdl.handle.net/2345/bc-ir:107494
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spelling ndltd-BOSTON-oai-dlib.bc.edu-bc-ir_1074942019-05-10T07:38:00Z Analysis of the EU ETS Lee, Hyung Thesis advisor: Richard Tresch Text thesis 2016 Boston College English electronic application/pdf As global warming became a more urgent issue, the European Union (EU) nations formed the EU emission trading scheme (EU ETS) to regulate carbon emissions. The EU ETS set upper limits for each EU nation’s carbon emission levels in three distinctive phases to gradually decrease the carbon emission levels to a targeted reduction level by 2020. Throughout the paper, I will focus on how independent variables such as accumulated reserves, allocated allowances, the total outstanding supply of carbon emission rights (CERs) in the market, the demand for CERs, energy consumption, and the required reduction amount by 2020 affect the price of CER and the ratio of verified emissions to the 2020 targeted upper limit. climate finance 21st century EUETS global warming finance carbon emission rights Thesis (BA) — Boston College, 2016. Submitted to: Boston College. College of Arts and Sciences. Discipline: Departmental Honors. Discipline: Economics. Copyright is held by the author, with all rights reserved, unless otherwise noted. http://hdl.handle.net/2345/bc-ir:107494
collection NDLTD
language English
format Others
sources NDLTD
topic climate finance
21st century
EUETS
global warming
finance
carbon emission rights
spellingShingle climate finance
21st century
EUETS
global warming
finance
carbon emission rights
Lee, Hyung
Analysis of the EU ETS
description Thesis advisor: Richard Tresch === As global warming became a more urgent issue, the European Union (EU) nations formed the EU emission trading scheme (EU ETS) to regulate carbon emissions. The EU ETS set upper limits for each EU nation’s carbon emission levels in three distinctive phases to gradually decrease the carbon emission levels to a targeted reduction level by 2020. Throughout the paper, I will focus on how independent variables such as accumulated reserves, allocated allowances, the total outstanding supply of carbon emission rights (CERs) in the market, the demand for CERs, energy consumption, and the required reduction amount by 2020 affect the price of CER and the ratio of verified emissions to the 2020 targeted upper limit. === Thesis (BA) — Boston College, 2016. === Submitted to: Boston College. College of Arts and Sciences. === Discipline: Departmental Honors. === Discipline: Economics.
author Lee, Hyung
author_facet Lee, Hyung
author_sort Lee, Hyung
title Analysis of the EU ETS
title_short Analysis of the EU ETS
title_full Analysis of the EU ETS
title_fullStr Analysis of the EU ETS
title_full_unstemmed Analysis of the EU ETS
title_sort analysis of the eu ets
publisher Boston College
publishDate 2016
url http://hdl.handle.net/2345/bc-ir:107494
work_keys_str_mv AT leehyung analysisoftheeuets
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