The ongoing decline in environmental quality is one of the biggest global challenges facing humankind today. The purpose of this study is to investigate the differences and similarities among the EU-27 countries regarding air pollution emissions (greenhouse gases and acidifying gases) and their...

We analyze firms' carbon reduction strategies worldwide and identify one key channel: large, primarily European firms facing increased investor pressure divest pollutive assets to firms that are less in the limelight. There is no evidence of increased engagement in other emission reduction...