Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO<sub>2</sub> Emissions: Evidence from Shenzhen Carbon Market in China

<div>The trend of dynamic conditional correlation. (a) The dynamic conditional correlation between carbon and coal market returns. (b) The dynamic conditional correlation between carbon market returns and green investing market. (c) The dynamic conditional correlation between coal and green investing market.</div>

Advances in Civil Engineering

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Figure 3

Figure 3: Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO<sub>2</sub> Emissions: Evidence from Shenzhen Carbon Market in China 

Figure 3 | Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO2 Emissions: Evidence from Shenzhen Carbon Market in China 