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https://nccur.lib.nccu.edu.tw/handle/140.119/141129
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| Title: | 排放交易系統和投資機會
Emission Trading Systems and Investment Opportunities |
| Authors: | 費馬凱
Fefelov, Mikhail |
| Contributors: | 郭維裕
Kuo, Weiyu
費馬凱
Mikhail Fefelov |
| Keywords: | 排放交易系統
排放配額
投資
Emissions trading systems
emission allowances
investments |
| Date: | 2022 |
| Issue Date: | 2022-08-01 17:41:13 (UTC+8) |
| Abstract: | This thesis examines investment characteristics of emerging emission allowance markets, which are created under special mandatory regimes – emissions trading systems (ETSs). As a relatively new class of assets emission allowances can potentially provide many opportunities for diversification, hedging, and enhanced returns in the context of global climate policy responses. Using a broad secondary literature analysis, the thesis shows that the four emission allowance markets, where participation of financial investors is permitted, have stabilized over the recent years and can generally be considered investable in terms of liquidity, size, product standardization, price transparency, and credibility of market infrastructure. Nevertheless, investors need to pursue a balanced approach as the markets remain highly susceptible to regulatory changes, which can significantly impact the risk-return profile of emission allowances. |
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| Description: | 碩士
國立政治大學
國際經營管理英語碩士學位學程(IMBA)
109933036 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0109933036 |
| Data Type: | thesis |
| DOI: | 10.6814/NCCU202201128 |
| Appears in Collections: | [國際經營管理英語碩士學程IMBA] 學位論文
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