Econometric Analysis of Carbon Markets

The European Union Emissions Trading Scheme and the Clean Development Mechanism

  • Julien┬áChevallier

Table of contents

  1. Front Matter
    Pages I-XXX
  2. Julien Chevallier
    Pages 1-17
  3. Julien Chevallier
    Pages 19-54
  4. Julien Chevallier
    Pages 55-104
  5. Julien Chevallier
    Pages 105-145
  6. Julien Chevallier
    Pages 147-179
  7. Back Matter
    Pages 209-217

About this book


Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets sphere, techniques that can be extrapolated to the worldwide marketplace. It features stylized facts about carbon markets from an economics perspective, as well as covering key aspects of pricing strategies, risk and portfolio management.


Aimed at those with a basic understanding of time series econometrics, this book will be extremely useful for researchers and working professionals (trading managers, energy and commodity traders, quantitative analysts, consultants, utilities), and especially those in econometrics and carbon finance. The material is also appropriate for students (advanced undergraduates, MSc, MBA) in the field of econometrics, energy and environmental economics. Readers are supplied with hyperlinks to data and R computer codes, while instructors receive problem sets, a solutions manual, and presentation slides.


Carbon Market Clean Development Mechanism Econometrics Energy Economics European Union Emissions Trading Scheme

Authors and affiliations

  • Julien┬áChevallier
    • 1
  1. 1.University Paris Dauphine, Department of EconomicsCGEMP/LEDaParisFrance

Bibliographic information

  • DOI
  • Copyright Information Springer Science+Business Media B.V. 2012
  • Publisher Name Springer, Dordrecht
  • eBook Packages Business and Economics
  • Print ISBN 978-94-007-2411-2
  • Online ISBN 978-94-007-2412-9
  • Buy this book on publisher's site