CORDIS Project
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This project investigates the relationships and price dynamics between carbon, energy, and stock markets from 2005 to 2021. It employs advanced statistical methods to analyze volatility spillovers and dependencies, aiming to enhance understanding of market interactions and their implications for carbon pricing.
The EU is now on course to accomplish its 2020 climate and energy targets, and has finalized the regulatory framework required to attain its 2030 and 2050 emissions reduction goals.
The EU Emission Trading System (ETS) was established in 2005 with the objective of limiting global warming and maintaining a balance between economic development and environmental protection.
Financial and energy markets are the main driving forces of the prices of the carbon future market.
It's also conceivable that…
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