Price interaction in state-level renewable energy credit trading programs | Academic Article individual record
abstract

© 2016 Elsevier Inc. Renewable portfolio standards have been promoted and implemented as market-based incentives for encouraging renewable generation. Markets for RECs in Massachusetts and Connecticut do not consistently behave according to hypothesized fundamentals. Regardless of the reason for this divergence, one must be skeptical that the two state programs have created an efficient, fundamental-driven market.

author list (cited authors)
Binder, K. E., Mjelde, J. W., & Woodward, R. T.
publication date
2016
publisher
Elsevier bv Publisher
published in
keywords
  • Environmental Economics And Policy,