Road transportation is responsible for a significant part of the EU’s total CO2 emissions. Therefore, the automotive sector is subject to continuously strengthening environmental regulation. Regulation (EU) 2019/631 of the European Parliament and of the Council of 17thApril 2019 sets, for the...

This study seeks to establish the relationship between carbon emissions, agricultural output and industrial output in South Africa. It uses data from 1960 to 2017 based on an annual frequency, giving a total of 58 annual observations. The Autoregressive Distributed Lag technique is employed to...

International climate negotiations have been hamstrung by a dispute over whether a handful of developed countries have "historical responsibility" for climate change. The thesis rests on the presumed fact that a small number of early-industrializing nations (the "accused" countries) emitted an...

Carbon pricing is in the spotlight as an economically efficient policy to limit global warming and reduce greenhouse gas emissions. We examine how policymakers can improve social acceptance of a carbon tax, which is the main obstacle in implementing the policy. We conduct a survey experiment to...

This study investigates how a firm's climate change risk (FCCR) and financial flexibility (FIFL) affect its value and environmental, social, and governance (ESG) performance. We use data from publicly listed US firms for 2012-2021. We employed four estimation methods: bootstrap quantile...