Abstract

Carbon market is a valid measure for promoting green and low-carbon development, and price is the core of market mechanism. In this work, combining directed limited penetrable visibility graph and coarse graining method, a new method is proposed to identify the potential periods and dynamic evolution characteristics of carbon price, which opens up a new perspective for government and investors to understand evolution characteristics and prevent risks. At the same time, a empirical analysis is conducted based on EU ETS daily price from September 29, 2009 to September 29, 2017, and the dynamic fluctuation characteristics of carbon price from high price period to low price period are obtained.

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