气候变化领域集成服务门户(CCPortal): Financials threaten to undermine the functioning of emissions markets

CCPortal

DOI	10.1038/s41558-022-01560-w
	Financials threaten to undermine the functioning of emissions markets
	Quemin, Simon; Pahle, Michael
发表日期	2023
ISSN	1758-678X
EISSN	1758-6798
起始页码	22
结束页码	31
卷号	13 期号:1 页码:10
英文摘要	The participation of financial actors is a key design issue in all emissions allowance markets. Although financials perform several necessary market functions, excessive speculation may undermine market functioning. The potential for harm is gaining prominence as tighter emission limits increasingly attract speculators and investors into allowance markets worldwide. However, adequate warning systems and tools to appraise the beneficial and detrimental facets of financial trading are wanting. We develop preliminary elements of a diagnostic toolbox to assess the scale and impacts of speculation and apply it to the EU emissions trading system. This Perspective seeks to inform current policy debates and invites further research to establish speculation-monitoring systems for allowance markets.
学科领域	Environmental Sciences; Environmental Studies; Meteorology & Atmospheric Sciences
语种	英语
WOS研究方向	Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences
WOS记录号	WOS:000905901600001
来源期刊	NATURE CLIMATE CHANGE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/274139
作者单位	Potsdam Institut fur Klimafolgenforschung; UDICE-French Research Universities; Universite PSL; Universite Paris-Dauphine; University of London; London School Economics & Political Science
推荐引用方式 GB/T 7714	Quemin, Simon,Pahle, Michael. Financials threaten to undermine the functioning of emissions markets[J],2023,13(1):10.
APA	Quemin, Simon,&Pahle, Michael.(2023).Financials threaten to undermine the functioning of emissions markets.NATURE CLIMATE CHANGE,13(1),10.
MLA	Quemin, Simon,et al."Financials threaten to undermine the functioning of emissions markets".NATURE CLIMATE CHANGE 13.1(2023):10.