Compliance Behavior in the EU-ETS: Cross Border Trading, Banking and Borrowing

This paper exploits a little used data resource within the central registry of the European Union’s Emissions Trading System (EU ETS) to analyze cross border flows of allowances for compliance purposes during the first trading period (2005- 2007). The extent of cross border trading is small in the a...

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Bibliographic Details
Main Authors: Ellerman, A. Denny, Trotignon, Raphael
Format: Working Paper
Published: 2009
Online Access:http://hdl.handle.net/1721.1/45656