The effect of the penalty system on market prices in the Korea ETS
This study analyzes the effect of the penalty system in an emission trading scheme (ETS) on pricing and abatement activities. No previous studies have shown that the ways of penalizing for unretired permits specifically might have a crucial role in permit pricing. Most studies show that the penalty...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2018-03-01
|
| Series: | Carbon Management |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/17583004.2018.1440852 |