This paper studies the impact of national carbon taxes on CO2 emissions. To do so, we run local projections on a cross …-country panel dataset, matching measures of emissions of carbon dioxide with information on the introduction of carbon taxes and … their implied price. Importantly, we consider both measures of territorial emissions - emissions emitted within a country …

We study the relation between the structure of nancial systems and carbon emissions in a large panel of countries and … regulation, CO2 emissions per capita are lower in economies that are relatively more equity-funded. Industry-level analysis … carbon-intensive sectors produce more green patents as stock markets deepen. We also document an increase in carbon emissions …

The control of carbon emissions by policymakers poses the corporate challenge of developing an optimal carbon … management policy. We provide a unified model that characterizes how firms should optimally manage emissions through production …, green investment, and the trading of carbon credits. We show that carbon pricing reduces firms' emissions but also induces …

banking system, especially if firms reduce their emissions efficiently. Conversely, a disorderly, abrupt transition to a low …, especially if firms fail to reduce their emissions. …

that an orderly transition achieves important co-benefits already in the mid-term, with respect to carbon emissions …

we differentiate among types of GHG emissions and control for endogeneity concerns. In addition, we also show that female …

The EU is revising its emissions trading system (ETS) and plans to impose a carbon border adjustment mechanism (CBAM … contributed to cut greenhouse gas (GHG) emissions in the EU by 2-2.5 percentage points per year; pricier emissions and more … stringent caps accelerated the EU greening process. However, some carbon leakages occurred as declining emissions in regulated …

Using evidence from the EU emissions trading system, we collect verified emissions of close to 4000 highly polluting … and mostly non-listed firms responsible for 26% of EU's emissions. Over the period 2013-2019, we find a non …-linear relationship between leverage and emissions. A firm with higher leverage has lower emissions in subsequent years. However, when …