Borak, Szymon; Härdle, Wolfgang; Trück, Stefan; … - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
In January 2005 the EU-wide CO2 emissions trading system (EU-ETS) has formally entered into operation. Within the new trading system, the right to emit a particular amount of CO2 becomes a tradable commodity - called EU Allowances (EUAs) - and affected companies, traders and investors will face...
