The climate warming effect on global economic output and social sustainability should be
paid adequate attention. Nowadays, the best way is thought as the market-based pricing …

China has developed its own domestic carbon markets by setting up emission trading
schemes. This study addresses concerns about the functioning of these schemes and the …

This study reexamines the issue of persistence in carbon emission allowance spot prices,
using daily data, and covering the period from 28/2/2007 to 14/05/2014. For this purpose we …

Transboundary industrial pollution requires international actions to control its formation and
effects. In this paper, we present a stochastic differential game to model the transboundary …

We analyse the predictive and the forecasting ability of various Generalized Autoregressive
Score (GAS) and GARCH frameworks for European Union Allowances (EUAs) daily returns …

This article presents a stochastic equilibrium model for environmental markets that allows us
to study the characteristic properties of emission permit prices induced by the design of …

This paper investigates the impact of the yearly announcement of realized emissions on the
European carbon permit market. We find that this event generally leads to significant …

In this paper, we present a mean field game to model the production behaviors of a very
large number of producers, whose carbon emissions are regulated by government …

At present, it is believed that the best approach to mitigate global warming is the market-
based formulation of carbon emission pricing. Thus, in this paper, we work on determining …

Climate change and global warming are significantly affected by carbon emissions that arise
from the burning of fossil fuels, specifically coal, oil, and gas. Accurate prices are essential …