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Wind energy, the price of carbon allowances, and CO2 emissions: Evidence from Ireland

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  • Forbes, Kevin F.
  • Zampelli, Ernest M.

Abstract

Increased reliance on renewable energy is an important component of the European Union's action plan for reducing carbon emissions. Another key instrument is the European Union Emission Trading System (EU ETS), which caps the overall level of emissions and then permits trade among the emitters.

Suggested Citation

  • Forbes, Kevin F. & Zampelli, Ernest M., 2019. "Wind energy, the price of carbon allowances, and CO2 emissions: Evidence from Ireland," Energy Policy, Elsevier, vol. 133(C).
    • Handle: RePEc:eee:enepol:v:133:y:2019:i:c:s0301421519304495
    DOI: 10.1016/j.enpol.2019.07.007
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    References listed on IDEAS

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    Cited by:

    1. Hanif, Waqas & Arreola Hernandez, Jose & Mensi, Walid & Kang, Sang Hoon & Uddin, Gazi Salah & Yoon, Seong-Min, 2021. "Nonlinear dependence and connectedness between clean/renewable energy sector equity and European emission allowance prices," Energy Economics, Elsevier, vol. 101(C).
    2. Hu, Yucai & Li, Ranran & Du, Lei & Ren, Shenggang & Chevallier, Julien, 2022. "Could SO2 and CO2 emissions trading schemes achieve co-benefits of emissions reduction?," Energy Policy, Elsevier, vol. 170(C).
    3. Namahoro, J.P. & Wu, Q. & Su, H., 2023. "Wind energy, industrial-economic development and CO2 emissions nexus: Do droughts matter?," Energy, Elsevier, vol. 278(PA).
    4. Forbes, Kevin F. & Zampelli, Ernest M., 2020. "Accuracy of wind energy forecasts in Great Britain and prospects for improvement," Utilities Policy, Elsevier, vol. 67(C).
    5. Sun, Wei & Huang, Chenchen, 2020. "A novel carbon price prediction model combines the secondary decomposition algorithm and the long short-term memory network," Energy, Elsevier, vol. 207(C).
    6. Sultan Salem & Noman Arshed & Ahsan Anwar & Mubasher Iqbal & Nyla Sattar, 2021. "Renewable Energy Consumption and Carbon Emissions—Testing Nonlinearity for Highly Carbon Emitting Countries," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
    7. Kevin F. Forbes, 2023. "CO2 has significant implications for hourly ambient temperature: Evidence from Hawaii," Environmetrics, John Wiley & Sons, Ltd., vol. 34(6), September.
    8. Chai, Shanglei & Yang, Xiaoli & Zhang, Zhen & Abedin, Mohammad Zoynul & Lucey, Brian, 2022. "Regional imbalances of market efficiency in China’s pilot emission trading schemes (ETS): A multifractal perspective," Research in International Business and Finance, Elsevier, vol. 63(C).
    9. Forbes, Kevin F., 2023. "Demand for grid-supplied electricity in the presence of distributed solar energy resources: Evidence from New York City," Utilities Policy, Elsevier, vol. 80(C).
    10. Tan, Qinliang & Ding, Yihong & Zheng, Jin & Dai, Mei & Zhang, Yimei, 2021. "The effects of carbon emissions trading and renewable portfolio standards on the integrated wind–photovoltaic–thermal power-dispatching system: Real case studies in China," Energy, Elsevier, vol. 222(C).

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