Climate policy and stranded carbon assets: a financial perspective
"Unanticipated climate policy curbs the value of physical capital that is costly to adjust. We illustrate this by showing that climate policy to keep peak global warming below 2°C depresses the share prices of oil and gas majors and their market capitalisation, curbs exploration investment and...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Oxford
2018
University of Oxford |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19302044124911202269-Climate-policy-and-stranded-ca.htm |
