Stranded Fossil Fuel Reserves and Firm Value
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Do capital markets reflect the possibility that fossil fuel reserves may become stranded assets in the transition to a low carbon economy? We examine the relation between oil firms value and their proved reserves. Using a sample of 600 North American oil firms for the period 1999 to 2018, we
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美国国家经济研究局创建时间：
2019-11-01
