The Impact of EU Allowance Prices on the Stock Market Indices of the European Power Industries: Evidence From the Ongoing EU ETS Phase III,Organization & Environment

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The Impact of EU Allowance Prices on the Stock Market Indices of the European Power Industries: Evidence From the Ongoing EU ETS Phase III
Organization & Environment ( IF 5.299 ) Pub Date : 2020-06-02 , DOI: 10.1177/1086026620924820
Agustín García _{1,

2} , María Teresa García-Álvarez ₃ , Blanca Moreno ₄

Affiliation

The European Union Emissions Trading Scheme (EU ETS) was created in 2005 to price every ton of carbon dioxide emissions. Within this framework, EU carbon dioxide emission allowances can affect elec...

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