Financial Innovation

Table 2 Overall estimates of the logarithmic returns to carbon-trading prices

From: Optimal reduction and equilibrium carbon allowance price for the thermal power industry under China’s peak carbon emissions target

Pilots	Median	Kurtosis	Skewness	Min	Max
Guangdong	0.000259	116.4615	− 0.2060	− 0.2532	0.2447
Tianjin	0	11.9994	− 0.1017	− 0.0458	0.0480

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