In recent years, the investment community has become increasingly aware of the investment risks from both the physical effects of climate change and the regulatory responses to …
J Cui, C Wang, J Zhang… - Proceedings of the …, 2021 - National Acad Sciences
China has implemented an emission trading system (ETS) to reduce its ever-increasing greenhouse gas emissions while maintaining rapid economic growth. With low carbon …
J Cao, MS Ho, R Ma, F Teng - Journal of Public Economics, 2021 - Elsevier
This paper provides retrospective firm-level evidence on the effectiveness of China's carbon market pilots in reducing emissions in the electricity sector. We show that the carbon …
C Li, Y Qi, S Liu, X Wang - Energy Economics, 2022 - Elsevier
Improving green total factor productivity (GTFP) is required for China's economic catch-up towards the global frontier. As a vital market-driven environmental regulation instrument …
This article presents an in-depth review of scholarship on how mandatory and voluntary regulatory pressures on firms affect their environmental strategies and performance …
The social cost of carbon (SCC) is a crucial metric for informing climate policy, most notably for guiding climate regulations issued by the US government. Characterization of uncertainty …
Climate policies can have a significant impact on the economy. However, these policies have often been associated with uncertainty. Quantitative assessment of the socioeconomic …
Carbon offsets allow greenhouse gas emitters to comply with an emissions cap by paying others outside of the capped sectors to reduce emissions. The first major carbon offset …
The EU emissions trading system's (ETS) invalidation rule implies that shocks and overlapping policies can change cumulative carbon emissions. This paper explains these …