The objective of this paper is to empirically explore the economic and financial effects of renewable energy consumption on firms’ financial performance. We collect information from Bloomberg and ORBIS (Bureau Van Dijk) databases of a sample of more than 500 firms from 18 countries during the...

We analyze the impact of carbon and greenhouse gas emissions on firms' accounting and market performance. Over a sample of 115 non-financial firms from 9 European countries during the 2008-2016 period, our results suggest that higher volume of both country-level carbon and greenhouse emissions...