Energy
4 years ago

Energy prices drive carbon price variations, impacting carbon market dynamics.

Energy Economics
The marginal impacts of energy prices on carbon price variations: Evidence from a quantile-on-quantile approach
Kun Duan, Xiaohang Ren, Yukun Shi, Tapas Mishra, Cheng Yan

Paper Summary

Energy prices have a negative impact on carbon prices in the EU Emission Trading Scheme. The impact is stronger at lower carbon price levels and weaker at higher levels. Oil and coal prices have a bigger impact than gas prices. This shows that different energy sources affect carbon prices differently, which means policies need to be tailored to manage the carbon market effectively.

Related papers

Theme background image
Mathematics
2 years ago

New evaluation model simplifies complex data analysis for better decision-making.

Multicollinearity
Multi-Criteria Decision
Fuzzy Equations
1 view
Theme background image
Mathematics
2 years ago

New method reveals true impact of policies and treatments on society.

Regularization Methods
Causal Inference
Clinical Trials
1 view
Economics, Econometrics and Finance
3 years ago

Tourism and digital growth lead to lower CO2 emissions, study finds.

Environmental Impact
Green Consumerism
Rebound Effect
2 views