온실가스 배출권 이월제한이 배출권가격에 미친 효과

초록

This study aims to empirically assess the effect of allowance banking restrictions on allowance price using event study methods. This study also outlines and evaluates other key government intervention measures implemented so far in order to stabilize the market for emissions during the first and second planning periods. The main results are as follows. First, there were three market interventions during the first planning period, but they were likely to have no significant effect on the market. Second, the banking restrictions within the planned period, announced in June 2019, are evaluated to be stronger than before, but the price of KAU18 temporarily fell shortly after the announcement of the public hearing plan, and it eventually returned to the previous trend. But, this can have a significant effect in terms of increasing market liquidity.

키워드