Essays about: "Allowances trading system"

Showing result 1 - 5 of 15 essays containing the words Allowances trading system.

1. 1. The effects of sector free allowances & emissions on stock returns : A study on firms which partake in the EU emissions trading system

   University essay from Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS)

   Author : Mario Milic; Noah Stjernberg; [2023]
   Keywords : Stock returns; EU ETS; CO2 Emissions; Financial performance; Free allowances;

   Abstract : This study aims to investigate whether sectorial free allowances and sector emissions have any effect on a firm's stock return under the newly introduced EU ETS (Emission trading system). In doing so, the data have been structured as panel data and are gathered for a sample period of 10 years measuring from 2012-2021, looking at 6 sectors (Aviation, Combustion of fuels, refining of mineral oil, production of cardboard/ paper, production of pig iron and steel and production of bulk chemicals). READ MORE

3. 2. Has the EU ETS been efficient in reducing carbon dioxide emissions without harming firm revenue?

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Elin Raab; [2023]
   Keywords : Social Sciences;

   Abstract : The increasing urgency of climate change has raised the need for effective climate policy. The European Union emissions trading system (EU ETS) is the world’s first and largest ‘cap and trade’ policy which aims at reducing carbon dioxide emissions at the most cost-efficient allocation. READ MORE

4. 3. How the duration of a cap-and-trade scheme with an adjustable emissions cap affects cumulative emissions : the case of the EU ETS

   University essay from SLU/Dept. of Economics

   Author : Max Engström; [2023]
   Keywords : Emissions trading; EU ETS; Market Stability Reserve; Policy design;

   Abstract : The European Union Emissions Trading System (EU ETS) is a cap-and-trade scheme, whose adjustable supply of allowances is determined by a quantity mechanism, as opposed to a price mechanism. This paper quantifies the reduction in cumulative emissions that arises from bringing the final year of a cap-and-trade scheme that operate a quantity mechanism, such as the EU ETS, forward in time. READ MORE

5. 4. EU ETS IN TIMES OF CRISIS AN EVENT STUDY OF EMISSIONS ALLOWANCES AND THE AVIATION INDUSTRY DURING THE COVID-19 PANDEMIC

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Oscar Larsson; Sebastian Olsson; [2022-07-01]
   Keywords : ;

   Abstract : Global warming, caused by greenhouse gas emissions, increase the temperature on earth, leading to higher sea levels and increased droughts and floods. Hence, global warming must be reduced urgently. READ MORE

6. 5. The Effects of ETS & CBAM on Cost Differences in the European Steel Industry : A Case Study on Swedish and German Long Engineering Steel Manufacturers

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Tim Fahlstedt; Oliver Håkansson; [2022]
   Keywords : ETS; CBAM; Carbon Leakage; Steel; EAF; Scrap; Cost Predictions.; ETS; CBAM; Koldioxidläckage; Stål; Ljusbågsugn; Skrot; Kostnadsanalys.;

   Abstract : To combat anthropogenic climate change and comply with the Paris Agreement, the EU has previously introduced its Emissions Trading System (ETS) and has now also proposed a Carbon Border Adjustment Mechanism (CBAM). While these tools may reduce emissions within the EU, and in some cases, even in other countries, they can also affect European industries in unpredictable and sometimes negative ways. READ MORE