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regulatory and other events on energy and financial markets; • Become familiar with the recent research results on the links between carbon market regulations, energy prices and the returns and volatility of c978-3-319-37406-2978-3-319-25412-8
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https://doi.org/10.1007/978-3-030-30975-6on. At the same time, not all announcements lead to a significant price impact. These results are robust to controlling for relevant factors, including oil and gas prices, stock market returns and weather conditions. With regard to the market volatility, the results show that it is largely unaffecte
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How Does Carbon Market Work,reating a carbon market. Firms that succeed in reducing their emissions can sell their excess permits, while companies with prohibitively large costs of emissions reduction can buy additional permits. Together with the gradually declining total amount of allocated permits, such market is expected to
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978-3-319-37406-2Springer International Publishing Switzerland 2016
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