Related Experiment Video
Updated: Jan 30, 2026

The Use of an Automated System GreenFeed to Monitor Enteric Methane and Carbon Dioxide Emissions from Ruminant Animals
Published on: September 7, 2015
Short communication: Effect of carbon emission trading on European Union butter prices
1School of Accounting and Finance, University of Vaasa, Wolffintie 34, Vaasa-65200, Finland.
Abstract:
Since its inception, the European Union (EU) carbon emission market has been vastly successful in reducing greenhouse gas emissions. Accordingly, the usage of environmentally friendly fuels (e.g., ethanol, biodiesel) has increased significantly over the last few years. Given that EU biodiesel is mainly produced from rapeseed oil and soybean oil, higher carbon taxes are likely to increase the demand of these important vegetable oils, which further affects the prices of its close substitute such as butter. Nevertheless, the association between the EU emission trading scheme and butter prices remains understudied. In this paper, we aim to fill this vacuum in the existing literature. Applying the autoregressive distributed lag bound testing procedure, we show that emission market seems to have a long-term effect on EU butter prices, implying that changes in the levels of carbon taxes will lead to changes in the price level of butter. These results are of vital importance to policymakers and investors.
Related Concept Videos
Communication
Communication
The Carbon Cycle
Emission Spectra
Carbon Skeletons
Neuronal Communication

