Accelerating U.S. Clean Energy Deployment: Investor Policy Priorities [PDF]
International investment to mitigate climate change is far below levels needed to reach the two-degree target. The International Energy Agency estimates that an average of an additional $1 trillion in incremental financing for clean energy is needed to ...
Aaron Pickering +7 more
core
ABSTRACT This paper examines the association between environmental, social, and governance (ESG) ratings and firm performance, taking into account the role of firms' strategic investments in research and development (R&D) and advertising. Drawing on resource‐based view and signalling theory perspectives and employing the generalised method of moments ...
Syed Zulfiqar Ali Shah +2 more
wiley +1 more source
Carbon taxes and general joint implementation: an applied general equilibrium analysis for Germany and India [PDF]
Germany has committed itself to reducing its carbon emissions by 25 percent in 2005 as compared to 1990 emission levels. To achieve this goal, the government has recently launched an environmental tax reform which entails a continuous increase in energy ...
Böhringer, Christoph +2 more
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Investor Perception of ESG in Earnings Calls
ABSTRACT This study examines how the communicator's role and the framing of ESG statements affect investor capital allocation in the context of earnings calls. Based on a virtual asset market experiment, the analysis identifies that the assurance and reinforcement of ESG messages have a positive effect of up to 8% on capital allocation, with especially
Felix Bachner
wiley +1 more source
Modelling Consumer Demand and Household Labour Supply: Welfare Effects of Increasing Carbon Taxes [PDF]
The main objective of this paper is to analyse consumer response and welfare effects due to changes in energy or environmental policy. To achieve this objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that
Brännlund, Runar, Nordström, Jonas
core +1 more source
Modeling the fiscal impacts caused by climate change [PDF]
Aim of the paper: The purpose is to gather the practices and to model the impacts of climate change on fiscal spending and revenues, responsibilities and opportunities, balance and debt related to climate change (CC).
Kutasi, Gábor
core
Turning Carbon Into Cash? Cross‐Country Evidence on the Profitability of Emission Reductions
ABSTRACT Does corporate CO2 abatement pay? We assembled an international panel of listed firms (2019–2023), linking Scope 1–2 emissions to institutional (G7, CCPI) and search‐based attention measures. The dataset consists of an unbalanced panel of 1724 multinational firms, together with a sub‐sample of 922 firms operating in G7 economies. Firm and time
Mauro Aliano +3 more
wiley +1 more source
Carbon Abatement and its international effects in Europe including effects on other pollutants: a general equilibrium approach [PDF]
This paper outlines the development of a CGE model as a tool for analysing many of the issues relating to the introduction of environmental taxation, such as interaction with other taxes, revenue recycling, international carbon 'leakage' and tax export ...
John P Hutton, T Huw Edwards
core
Climate Change Risks and Customer Concentration: Evidence From US‐Listed Firms
ABSTRACT While prior studies have investigated climate risks in supply chains, customer ESG pressures, and shared climate exposure, this paper is, to the best of our knowledge, the first to provide direct empirical evidence on the relationship between climate change risks and firms' customer concentration.
Thi Thuy Trang Nguyen +2 more
wiley +1 more source
Carbon taxation and emission trading in Vietnam: insights from E-DSGE model
This study develops the first Vietnam-specific Environmental Dynamic Stochastic General Equilibrium (E-DSGE) model, explicitly incorporating household heterogeneity, revenue redistribution rules, and carbon-pricing mechanisms. Using this novel framework,
Ngoc Vu Thi Minh, Hang Trinh Thi Thu
doaj +1 more source

