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Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a beggar-thy-neighbor policy to exploit terms of trade....
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This paper investigates carbon emissions materiality with regards to financial statements and investigates potential … to discuss and quantify greenhouse gas emissions, as defined by the GHG Protocol, in the required 10-K annual report. Our … analysis uses a new metric, based on social carbon cost, that suggests social cost of carbon emissions could be material, and …
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