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Global Pricing of Carbon-Transition Risk

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NBER2021-03-01 更新2025-01-04 收录
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Companies are exposed to carbon-transition risk as the global economy transitions away from fossil fuels to renewable energy. We estimate the market-based premium associated with this transition risk at the firm level in a cross-section of over 14,400 firms in 77 countries. We find a widespread

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2021-03-01
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