---
title: Market creation without market authority: Ex-ante evidence from European emissions trading
url: https://www.ml-quant.com/papers/repec/zbw-zewdip-343564/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-23
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:zbw:zewdip:343564
source_url: https://econpapers.repec.org/RePEc:zbw:zewdip:343564
featured: 2026-10-23
citations: unknown
topic: Macro-Finance & Rates
---


# Market creation without market authority: Ex-ante evidence from European emissions trading

Completing exchange and allocation authority in the EU's carbon market ETS2 cuts present-value policy costs by EUR 1.33 trillion over 2028-2048 versus partial market creation.

- Source: https://econpapers.repec.org/RePEc:zbw:zewdip:343564
- Identifier: RePEc:zbw:zewdip:343564
- Released: 2026-10-12
- First featured: Quant Letter No. 136 (2026-10-23): https://www.ml-quant.com/issues/2026-10-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: Abrell, Jan, Rausch, Sebastian

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