Stochastic income statement planning as a basis for risk assessment in the context of emissions trading

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Stochastic Income Statement Planning and Emissions Trading

Since the introduction of the European CO2 emissions trading system (EU ETS), the development of CO2 allowance prices is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from emissions trading can be considered in the stochastic profit and loss planning of corporations. Therefore we explore which planned figures are affected by emissions ...

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ژورنال

عنوان ژورنال: Greenhouse Gas Measurement and Management

سال: 2011

ISSN: 2043-0779,2043-0787

DOI: 10.3763/ghgmm.2010.0006