Determinanty cen uprawnień do emisji CO2 na rynku europejskim w latach 2013-2016
The Determinants of Emissions Unit Allowance Prices in the European Market in 2013–2016

Summary/Abstract: Purpose – Identification of determinants of emissions unit allowance prices in the European market in 2013–2016 Design/Methodology/approach – Deductive method, analysis of the literature on the subject, statistical method Findings – Last year’s institutional factors were the major determinants of emissions unit allowance prices. Probably, this situation won’t change until the carbon market will not be freed from the decision-makers influences, which now are the market regulator and allowances’ supplier. Originality/Value – Hereby article refers to determinants of emissions unit allowance prices in current period and is a starting point for further quantitative research.

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