The Cost of Climate Policy to Capital: Evidence from Renewable Portfolio Standards
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Many US states have set ambitious renewable portfolio standards (RPS) that require utilities to switch from fossil fuels toward renewables. RPS increases the renewables capacity, bond issuance, maturity, and yield spreads of investor-owned utilities compared to municipal producers that are exempted
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美国国家经济研究局创建时间：
2023-12-01
