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The paper explores abatement investment and location responses to environmental policy, which takes the form of emission taxes or tradable emission permits and subsidies against the costs of abatement investment, under uncertainty and irreversibility. Uncertainty is associated with output price,...
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We investigate how different types of environmental policies and new regional environmental knowledge affect new venture creation in and financing of green (low carbon), brown (fossil fuel) and gray (unrelated to natural resources) technologies across 24 OECD countries and 293 regions over the...
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the adoption or renewal of voluntary certificates. I then match plant-level toxic pollution reported and formal regulatory … regulatory agencies. Next, I estimate a panel data model of toxic pollution discharges, instrumenting for potentially endogenous … pollution control might not be followed up with further improvements and the upfront benefits of public recognition as …
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