Essays about: "spot futures cost of carry EUA"

Found 2 essays containing the words spot futures cost of carry EUA.

1. 1. Carbon Risk in the Light of the Changing EU ETS

   University essay from Göteborgs universitet/Graduate School

   Author : Helen Tiits; [2009-08-21T09:06:47Z]
   Keywords : ;

   Abstract : The establishment of the EU emission trading scheme (EU ETS) has internalised climate change risk into carbon risk, to which companies are becoming increasingly exposed. Understanding the market is essential for good risk management. However, the many uncertainties present in the market are difficult to grasp and make it hard to quantify the risk. READ MORE

3. 2. An Empirical Examination of the EUA Emission Rights Market: Investigation of the price dynamics of EUA future contracts

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Johan Aggeryd; Fredrik Strömqvist; [2008]
   Keywords : EUA; emission rights; future contract; Kyoto protocol; ARIMA; covenience yield;

   Abstract : Since the introduction of an international market for emission rights researchers are still trying to determine the price dynamics of these instruments, which are traded in a market that bears no resemblance to any other equity or commodity market to date. In our thesis we apply econometric analysis and derivative theory to find factors that affect the prices of EUA futures. READ MORE