Trading in a Linked ETS: An Examination of New Zealand's System Using Aggregate Data

Trading in a Linked ETS An Examination of New Zealands System Using Aggregate Data (716 KB)

Published: 2014

Authors: Judd Ormsby, Suzi Kerr

Event: New Zealand Association of Economists Annual Conference

How do we expect the New Zealand Unit prices (NZU) and the Kyoto unit prices to relate to each other?
How does this relationship change when future use of Kyoto units becomes uncertain (i.e. when ‘de-linking’ becomes a possibility)?