The Spillover Effect among CET Market, Coal Market, and New Energy Market for Dual-Carbon Target: New Evidence from China

Figure 5

Dynamic from-connectedness of the CET market, new energy market, coal market, and the traditional energy market in China. The results based on the rolling window width W at 100 weeks, the predictive horizon H at 100 weeks, and the VAR lag order at 2 weeks. We note that the scales of y-axis for subfigures are different. (a) CET (CET market). (b) CSINE (new energy market). (c) COAL (steam coal market). (d) ASEI (traditional energy market).

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