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This paper examines the relationship between climate risk and climate policy uncertainty and CO2 emissions in the US …, with an aim to contribute to the better understanding of the drivers of emissions. We proxy for climate risk using the cost … the climate risk proxies with the CPU Index, results are qualitatively similar; in addition, there is a strong impact of …
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In this paper, we study the relationship between Economic Policy Uncertainty (EPU) and carbon dioxide (CO2) emissions. Using an extensive dataset from 23 countries consisting of 6800 firm-year observations, we provide strong evidence that EPU increases firms' CO2 emissions. Our main inference is...
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