بازار ثانوی (برای-) ثبات ذخایر تجاری در معرض انتشار کربن در اتحادیه اروپا است: چرا ممکن است شکست بخورد و چگونگی بهبود آن

Our simulations indicate that the triggers of the proposed MSR appear to be set too low for the hedging need of power producers, effectively leading to a stricter cap in its initial 10–15 years of operation. While the current proposal may be improved by choosing different triggers, a reserve that is based on volume triggers is likely to increase price volatility, contrary to its purpose. Additional problems are the two-year delay in the response time and the abruptness of the response function, combined with the difficulty of estimating future hedging behaviour.