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Short-term impacts of carbon offsetting on emissions trading schemes: empirical insights from the EU experience

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  • Djamel KIRAT
  • Claire GAVARD
Abstract
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Suggested Citation

  • Djamel KIRAT & Claire GAVARD, 2020. "Short-term impacts of carbon offsetting on emissions trading schemes: empirical insights from the EU experience," LEO Working Papers / DR LEO 2821, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    • Handle: RePEc:leo:wpaper:2821
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    File URL: http://data.leo-univ-orleans.fr/media/search-works/2821/dr-leo-2020-18.pdf
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    References listed on IDEAS

    as
    1. Ibrahim Ahamada & Sanchez José Luis Diaz, 2013. "A retrospective analysis of the house prices macro-relationship in the United States," Post-Print hal-00816717, HAL.
    2. Beat Hintermann & Marc Gronwald, 2019. "Linking with Uncertainty: The Relationship Between EU ETS Pollution Permits and Kyoto Offsets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(2), pages 761-784, October.
    3. Nazifi, Fatemeh, 2013. "Modelling the price spread between EUA and CER carbon prices," Energy Policy, Elsevier, vol. 56(C), pages 434-445.
    4. Kurozumi, Eiji & Tuvaandorj, Purevdorj, 2011. "Model selection criteria in multivariate models with multiple structural changes," Journal of Econometrics, Elsevier, vol. 164(2), pages 218-238, October.
    5. Creti, Anna & Jouvet, Pierre-André & Mignon, Valérie, 2012. "Carbon price drivers: Phase I versus Phase II equilibrium?," Energy Economics, Elsevier, vol. 34(1), pages 327-334.
    6. A. Denny Ellerman & Claudio Marcantonini & Aleksandar Zaklan, 2016. "The European Union Emissions Trading System: Ten Years and Counting," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(1), pages 89-107.
    7. Mansanet-Bataller, Maria & Chevallier, Julien & Hervé-Mignucci, Morgan & Alberola, Emilie, 2011. "EUA and sCER phase II price drivers: Unveiling the reasons for the existence of the EUA-sCER spread," Energy Policy, Elsevier, vol. 39(3), pages 1056-1069, March.
    8. repec:dau:papers:123456789/4237 is not listed on IDEAS
    9. Ibrahim Ahamada & Jose Luis Diaz Sanchez, 2013. "A Retrospective Analysis of the House Prices Macro-Relationship in the United States," International Journal of Central Banking, International Journal of Central Banking, vol. 9(4), pages 153-174, December.
    10. Jushan Bai & Pierre Perron, 1998. "Estimating and Testing Linear Models with Multiple Structural Changes," Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
    11. Ibrahim Ahamada & Sanchez José Luis Diaz, 2013. "A retrospective analysis of the house prices macro-relationship in the United States," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00816717, HAL.
    12. Gavard, Claire & Kirat, Djamel, 2018. "Flexibility in the market for international carbon credits and price dynamics difference with European allowances," Energy Economics, Elsevier, vol. 76(C), pages 504-518.
    13. Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    14. Meriem Hamdi-Cherif & Céline Guivarch & Philippe Quirion, 2011. "Sectoral targets for developing countries: combining 'common but differentiated re-sponsibilities' with 'meaningful participation'," Climate Policy, Taylor & Francis Journals, vol. 11(1), pages 731-751, January.
    15. Julien Chevallier, 2010. "A Note on Cointegrating and Vector Autoregressive Relationships between CO2 allowances spot and futures prices," Economics Bulletin, AccessEcon, vol. 30(2), pages 1564-1584.
    16. Habla, Wolfgang & Winkler, Ralph, 2018. "Strategic delegation and international permit markets: Why linking May fail," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 244-250.
    17. Claire Gavard & Djamel Kirat, 2018. "Flexibility in the market for international carbon credits and price dynamics difference with European allowances," Post-Print hal-03529579, HAL.
    18. Baran Doda & Luca Taschini, 2017. "Carbon Dating: When Is It Beneficial to Link ETSs?," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 701-730.
    19. repec:dau:papers:123456789/5109 is not listed on IDEAS
    20. repec:dau:papers:123456789/10174 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Stefano F. Verde & Simone Borghesi, 2022. "The International Dimension of the EU Emissions Trading System: Bringing the Pieces Together," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(1), pages 23-46, September.

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    More about this item

    Keywords

    ; Emissions trading; European allowances; International credits; causality analysis;
    All these keywords.

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