Based on Alibaba's renowned "green" initiative, the Ant Forest program, we develop a novel measure to reveal an individual investor's nonpecuniary green preference and link it to an individual's investment actions. We present compelling evidence that supports nonfinancial incentives for...

In this paper, we examine whether and how green bond issuance affects local air quality and mortality rates in the People's Republic of China. We find that a 1 standard deviation increase in corporates' green bond financing in a city is associated with a 0.6% reduction in local air pollution...

Transportation system produces a large percentage of local pollutants including hydrocarbons (HC), carbon monoxide (CO), carbon dioxide from switching to alternative fuels, one measure would be to apply information and communication technologies to help us drive more smoothly so as to decrease...

The main purpose of this paper is to examine potential environmental benefits of green driving strategies with NGSim data on Interstate-80 near Berkeley, California. We calculate vehicles emissions before and after applying green driving strategies with the VT-Micro emission model. For each...