Emissions Trading: Institutional Design, Decision Making and Corporate Strategies

Front Matter....Pages I-XXII
Front Matter....Pages 1-1
Companies and regulators in emissions trading programs....Pages 3-20
Business and emissions trading from a public choice perspective – waiting for a new paradigm to emerge....Pages 21-35
Product-based benchmarks as a basis for the rational use of energy and corporate sustainability....Pages 37-48
Double Auction experiments and their relevance for emissions trading....Pages 49-68
The influence of the allocation method on market liquidity, volatility and firms’ investment decisions....Pages 69-88
Front Matter....Pages 89-89
Studying the effects of CO 2 emissions trading on the electricity market: A multi-agent-based approach....Pages 91-101
Real options analysis for renewable energy technologies in a GHG emissions trading environment....Pages 103-119
The European electricity market – impact of emissions trading....Pages 121-132
A case study on risk and return implications of emissions trading in power generation investments....Pages 133-147
Investment decisions and emissions trading....Pages 149-164
Front Matter....Pages 165-165
Emissions trading and Corporate Sustainability Management....Pages 167-181
Links of corporate energy management strategies in Europe with the European Union emissions trading system and environmental management systems....Pages 183-192
The implementation of emissions trading in companies....Pages 193-208
Corporate strategy and the Kyoto mechanisms – institutional and transaction cost perspectives....Pages 209-234
Understanding business participation in UK emissions trading: dimensions of choice and influences on market development....Pages 235-249
Corporate response to emissions trading in Lithuania....Pages 251-263
Back Matter....Pages 265-270