6533b7d1fe1ef96bd125c0d4
RESEARCH PRODUCT
Intraday Price Dynamics between EUAs and CERs in the European Carbon Futures Market
ÁNgel Pardo TorneroRoberto PascualVicente Medinasubject
CommerceEconomicsmedia_common.cataloged_instanceCertificationEuropean unionCarbon creditPrice discoverymedia_commondescription
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.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2011-01-01 | SSRN Electronic Journal |