Titlebook: Carbon Markets; Microstructure, Pric Gbenga Ibikunle,Andros Gregoriou Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 Enviro

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The Future,ng insights gained from analysis conducted in the book. The issues discussed include the designing of regulations for future compliance years and phases of the EU-ETS, the challenge posed by excess emissions permits in the system and the financial regulation of the EU-ETS and its trading platforms.

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?mer Behram ?zdemir,Recep Tayyip GürlerThis chapter provides a background to emissions trading in Europe. The literature on cap and trade is reviewed from both theoretical and empirical perspectives. The operational structure of the EU-ETS is explored along with the critical issues relevant to its phases.

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Emissions Trading in Europe: Background and Policy,This chapter provides a background to emissions trading in Europe. The literature on cap and trade is reviewed from both theoretical and empirical perspectives. The operational structure of the EU-ETS is explored along with the critical issues relevant to its phases.

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https://doi.org/10.1007/978-3-319-72847-6Environmental finance; Carbon trading; Carbon financial instruments; Carbon finance; Climate change poli

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978-3-030-10276-0The Editor(s) (if applicable) and The Author(s) 2018

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Non-State Armed Actors in the Middle Eastsults obtained show evidence of a sustained increase in the liquidity of traded carbon financial instruments as a result of the new trading rules. However, we also find evidence of reductions in liquidity following regulatory changes after the commencement of the Kyoto commitment phase.

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https://doi.org/10.1057/9781137403285ng insights gained from analysis conducted in the book. The issues discussed include the designing of regulations for future compliance years and phases of the EU-ETS, the challenge posed by excess emissions permits in the system and the financial regulation of the EU-ETS and its trading platforms.

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An Introduction to the Book,n four of the chapters here. The focus of this book sits at the nexus of three interrelated fields of study: environmental policy, market microstructure and environmental financial economics. Specifically, three main issues (liquidity, price discovery and market efficiency) are investigated using da

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