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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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 |
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climate finance 21st century EUETS global warming finance carbon emission rights |
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climate finance 21st century EUETS global warming finance carbon emission rights Lee, Hyung Analysis of the EU ETS |
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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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1719079562584784896 |