Richstein, Jörn C.; Chappin, Emile J.L.; Vries, … - In: Energy Policy 71 (2014) C, pp. 139-158
The recent low CO2 prices in the European Union Emission Trading Scheme (EU ETS) have triggered a discussion whether the EU ETS needs to be adjusted. We study the effects of CO2 price floors and a price ceiling on the dynamic investment pathway of two interlinked electricity markets (loosely...