This paper documents the evolution of US carbon emissions and discusses the main factors that contributed to the historical carbon emissions rollercoaster. We divide the discussion into four periods - up to 1920, 1920-1960, 1960-2005 and after 2005. For each period, we discuss the main drivers...

Transitioning to low-carbon power generation is crucial for combatting climate change and achieving sustainability goals. This review delves into the literature on deep decarbonisation strategies within the power sector, examining the economic costs and associated challenges. Methodologically,...

Using evidence from the EU emissions trading system, we collect verified emissions of close to 4000 highly polluting and mostly non-listed firms responsible for 26% of EU's emissions. Over the period 2013-2019, we find a non-linear relationship between leverage and emissions. A firm with higher...