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The authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of...
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The good news is that many of the solutions to this extraordinary problem are within reach. Many of the solutions to global warming are not only feasible, they are economically and socially beneficial. While some claim that addressing global warming will have a negative impact on the economy,...
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There are long-standing debates in the financial economics literature regarding long-run risks, return seasonality, the impact of weather and the impact of climate. By disentangling the data into different frequencies this paper contributes several results to these topics. I find significant...
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Voluntary disclosure should naturally arise in theory but may not in practice due to real-world frictions. This is important as self-selection bias could lead to erroneous results in statistical analyses of the disclosed data. This paper investigates climate-related disclosure in a...
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In the May's Special Report 01: The Emerging Importance of Carbon Emission-Intensities and Scope 3 (Supply Chain) Emissions in Equity Returns ET Index Research demonstrated that a long carbon-efficient stocks short carbon-intensive stocks strategy generated statistically significant...
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