Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011
The European Union emission allowances (EUA) is a crucial element of the EU ETS which is the main policy instrument aimed at realizing the target of greenhouse gas emissions reduction of the European Commission’s Climate Change Program. This dissertation examines the key determinants of EUA pricing...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2012
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| Online Access: | https://eprints.nottingham.ac.uk/25807/ |
| _version_ | 1848793058775138304 |
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| author | Wen, yue |
| author_facet | Wen, yue |
| author_sort | Wen, yue |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The European Union emission allowances (EUA) is a crucial element of the EU ETS which is the main policy instrument aimed at realizing the target of greenhouse gas emissions reduction of the European Commission’s Climate Change Program. This dissertation examines the key determinants of EUA pricing including energy prices, economic factors, hydroelectric consumption and CER prices based on the monthly prices of Phase II from 2008 — 2011. My study adopts regression models and statistic tests for analyzing these variables. The results suggest that the examined elements drive the changes of EUA prices and consistent variation trends with the time periods. The matter of financial crisis in 2008 was included in the consideration of the whole analyzing results. |
| first_indexed | 2025-11-14T18:54:16Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-25807 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:54:16Z |
| publishDate | 2012 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-258072017-10-19T13:10:59Z https://eprints.nottingham.ac.uk/25807/ Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 Wen, yue The European Union emission allowances (EUA) is a crucial element of the EU ETS which is the main policy instrument aimed at realizing the target of greenhouse gas emissions reduction of the European Commission’s Climate Change Program. This dissertation examines the key determinants of EUA pricing including energy prices, economic factors, hydroelectric consumption and CER prices based on the monthly prices of Phase II from 2008 — 2011. My study adopts regression models and statistic tests for analyzing these variables. The results suggest that the examined elements drive the changes of EUA prices and consistent variation trends with the time periods. The matter of financial crisis in 2008 was included in the consideration of the whole analyzing results. 2012-09-19 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25807/1/DT_Final_Wenyue.pdf Wen, yue (2012) Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Wen, yue Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title | Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title_full | Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title_fullStr | Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title_full_unstemmed | Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title_short | Anlysis of the European Union Allowances prices in the EU Emissions Trading Scheme 2008 — 2011 |
| title_sort | anlysis of the european union allowances prices in the eu emissions trading scheme 2008 — 2011 |
| url | https://eprints.nottingham.ac.uk/25807/ |