Testing Informational Efficiency in the EU ETS
The paper deals with the analysis of informational efficiency of the European emissions trading scheme (EU ETS) with the goal of stating whether or not the system has been able to achieve its proclaimed cost-efficiency within the first two trading periods. The efficient market hypothesis sugg...
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| Format: | Article |
| Language: | English |
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SDEWES Centre
2014-12-01
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| Series: | Journal of Sustainable Development of Energy, Water and Environment Systems |
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| Online Access: |
http://www.sdewes.org/jsdewes/pi2014.02.0026
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