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Firm Selection and Growth in Carbon Offset Markets: Evidence from the Clean Development Mechanism

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NBER2025-04-01 更新2025-04-19 收录
下载链接:
https://www.nber.org/papers/w33636
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资源简介:
We study carbon offsets sold by firms in China under the Clean Development Mechanism (CDM). We find that offset-selling firms, meant to cut carbon emissions, instead increase them by 49% after starting an offset project. In a model of firm investment decisions and offset review, we estimate that CDM
提供机构:
美国国家经济研究局
创建时间:
2025-04-01
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