. Potential market participants who were surveyed rate policy - related risk as higher than business-related risks. Domestic …

We investigate carbon risk in global equity prices. We develop a measure of carbon risk using industry standard …. We construct a carbon risk factor-mimicking portfolio to understand carbon risk through the lens of a factor-based asset … pricing model. While carbon risk explains systematic return variation well, we do not find evidence of a carbon risk premium …

the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as temperature …

price rises at the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as …

the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as temperature …

price rises at the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as …