CO2 trade and market power in the EU electricity sector

  • Gert Tinggaard, Morten Vesterdal
  • Published 2002

Abstract

The EU commission is planning to launch an emission trading market for greenhouse gases within near future. This to meet its obligations under the United Nations Framework Convention on Climate Change and the Kyoto Protocol. After a theoretical discussion on market power in such a market, we turn to the empirical evidence which suggests that a reasonable… (More)

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