Journal Articles

• Long-Term Issues with the Energy-Only Market Design in the Context of Deep Decarbonization | 2024 | with Alexis Lebeau, Marie Petitet & Marcelo Saguan

Energy Economics, 107418, in press. Link to journal article (open access). 

• The Market Stability Reserve in the EU Emissions Trading System: A Critical Review | 2023 | with Simone Borghesi, Michael Pahle, Grischa Perino & Maximilian Willner

Annual Review of Resource Economics, 15(1): 131-52. Link to journal article (open access).

• Financials Threaten to Undermine the Functioning of Emissions Markets | 2023 | with Michael Pahle

Nature Climate Change, 13: 22-31. Link to journal article & Link to 'view-only' article. 

Medial coverage by: Financial Times  &  Bloomberg  &  Carbon Pulse (detailed briefing)

• Why the Sustainable Provision of Low-Carbon Electricity Needs Hybrid Markets | 2022 | with Jan Horst Keppler and Marcelo Saguan

Energy Policy, 171: 113273. Link to journal article (open access).

• The EU ETS Market Stability Reserve: Does it Stabilize or Destabilize the Market? | 2022 | with Grischa Perino, Maximilian Willner and Michael Pahle

Review of Environmental Economics and Policy, 16(2): 338-345. Link to journal article.

• Raising Climate Ambition in Emissions Trading Systems: The Case of the EU ETS and the 2021 Review | 2022

Resource and Energy Economics, 68: 101300. Link to journal article (open access).

• Emissions Trading with Transaction Costs | 2021 | with Marc Baudry and Anouk Faure

Journal of Environmental Economics and Management, 108: 102468. Link to accepted manuscript | Link to journal article.

• Emissions Trading with Rolling Horizons | 2021 | with Raphaël Trotignon

Journal of Economic Dynamics and Control, 125: 104099. Link to accepted manuscript | Link to journal article.

Simplified model version used the for European Commission's MSR reform impact assessment: Link 1  &  Link 2

• Linking Permit Markets Multilaterally | 2019 | with Baran Doda and Luca Taschini

Journal of Environmental Economics and Management, 78: 102259. Link to journal article (open access).

• Transitional Restricted Linkage between Emissions Trading Schemes | 2019| with Christian de Perthuis

Environmental and Resource Economics, 74(1): 1-32.  Link to journal article (open access).

• Hydraulics are a First-Order Control on CO2 Efflux from Fluvial Systems | 2015 | with Hazel Long, Leena Vihermaa, Susan Waldron, Trevor Hoey and Jason Newton

Journal of Geographical Research – Biogeosciences, 120(10): 1912-1922. Link to journal article (open access).

Working Papers

• The Emerging Endgame: The EU ETS on the Road Towards Climate Neutrality | with Michael Pahle, Sebastian Osorio, Claudia Günther and Robert Pietzcker

Link to SSRN working paper (January 24 update)

• Intertemporal Abatement Decisions under Ambiguity Aversion in a Cap and Trade

[Currently dormant] CEC Working Paper 2017-03 – FAERE Working Paper 2017-06 | Link to latest version

 Work in Progress

• Some Properties of Long-Term Contracts in Hybrid Markets for Electricity | with Alexis Lebeau, Marie Petitet, Marcelo Saguan, Yannick Perez and Olivier Massol

• Long-Term Financial Contracts for Electricity with Incomplete Capital Markets | with Khalil Helioui and Charles Weymuller

• Heterogeneity in Emissions Trading with Allowance Banking and Futures Contracts | with Marc Baudry and Marie Raude

• Emissions Trading with Futures and Options Contracts | with Marc Baudry and Marie Raude

• Dynamics of Linking Sectoral Carbon Markets | with Dallas Burtraw, Michael Pahle and Matt Woerman

• A Simple First-Pass Decomposition of Emission Allowance Banking

• Intertemporal Pricing Coherence of Emission Allowance Financial Products 

• [dormant] Hybrid Linkages between Heterogeneous Climate Policies | with Luca Taschini and Baran Doda

• [dormant] Prices versus Quantities: A Higher Moment Characterization | with Luca Taschini

Conferences, Workshops & Invited Seminars

• 2023: AFSE (Sciences Po, FR); Paris-Dauphine (CEEM)

• 2022: EAERE (Rimini, IT); EUI (Florence, IT); Paris-Dauphine (CEEM)

• 2020: EAERE (Berlin, DE); FAERE (Grenoble, FR); FSR Climate (Florence, IT); IAEE (Paris, FR); SURED-ETH (Ascona, CH)

• 2019: College of Europe (workshop); EAERE, thematic session co-organizer (Manchester, UK); FAERE (Rennes, FR); FSR Climate (Florence, IT); Grantham Research Institute, LSE (research seminar); Paris-Dauphine University (workshop); MCC & PIK workshop (Berlin, DE); University of Cambridge (EPRG research seminar)

• 2018: FAERE (Aix-Marseille, FR); FSR Climate (Florence, IT); MCC & PIK research seminar (Berlin, DE); SURED-ETH (Ascona, CH); University of Hamburg (research seminar); WCERE (Gothenburg, SE)

• 2017: AERE (Pittsburgh, PA); AFSE (Nice, FR); EAERE (Athens, GR); FAERE (Nancy, FR); MCC research seminar (Berlin, DE); Paris-Dauphine University (research seminar)

• 2016: FAERE (Bordeaux, FR); IAEE (Bergen, NO)