政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/51042

政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/51042

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政大典藏 > College of Social Science > Department of Public Finance > Theses > Item 140.119/51042

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/51042

Title:	碳價波動影響因素之探討─以歐洲能源交易所碳交易為例 Driving factors of carbon price volatility-example of european energy exchange AG
Authors:	宋建緯
Contributors:	周麗芳林良楓 Chou, Li Fang Lin, Liang Feng 宋建緯
Keywords:	碳價 EU-ETS 結構性差異減碳投資
Date:	2010
Issue Date:	2011-09-29 18:33:07 (UTC+8)
Abstract:	近年來世人注目的焦點已從金融風暴議題，轉向了地球暖化、氣候劇變等問題，世界環境變遷造成人類巨大的傷害，已是國際組織與各國政府施政重點。在1997年12月於日本召開UNFCCC COP3，通過旨在限制溫室氣體排放的京都議定書，其中排放交易是指已開發國家間的合作，普遍被認為最具有成本效率性。近年全球對於環境保護意識已有大幅提升，各國降低碳排放之手段可區分為技術面以及經濟面。本文以後者為主要探討重點，亦即透過經濟手段以促進減碳科技廣泛的應用。減碳的技術同時具備外部性及公共財的特性，降低二氧化碳排放對環境之效益並無法排除他人享受，因此若碳價波動過度劇烈將影響企業減碳投資意願時，政府須介入管制碳價格。本文先探討究竟影響碳價波動的主因為何，以利後續研究碳權價格波動和價格管制間，權衡對減碳投資與減碳成效的影響。研究結果顯示，歐洲地區如北歐、東歐及南歐夏日氣候差異大，以及歐洲地區處於溫帶氣候因素使得極熱變數對碳價波動影響不顯著，但不保證其它地區有相同結論；能源價格對碳權價格有重大之影響，尤其原油最為明顯；由於匯率會影響能源價格，因此連帶影響碳價；極寒氣候對碳價有顯著影響，其先影響能源之供需，間接影響碳價之波動；SP之落後期在phase 2有縮短之趨勢，即天然氣與煤炭間之價差對碳價影響越來越大；進行碳價格之實證分析必須區分第一階段及第二階段，否則會造成估計上之不準確。不僅能源價格本身對碳價會有直接之影響，影響能源價格之變數亦間接影響碳價之波動，如氣候以及匯率，先經由透過能源價格變動再傳導至碳權價格。
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Description:	碩士國立政治大學財政研究所 98255013 99
Source URI:	http://thesis.lib.nccu.edu.tw/record/#G0098255013
Data Type:	thesis
Appears in Collections:	[Department of Public Finance] Theses

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