Empirical calibration of climate policy using corporate solvency: A UK case study
Emission reductions improve the chances that dangerous anthropogenic climate change will be averted, but could also cause some firms financial distress. Corporate failures, especially if they are unnecessary, add to the social cost of abatement. Social value can be permanently destroyed by the disso...
Main Authors: | Caldecott, B, Dericks, G |
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Format: | Journal article |
Published: |
Taylor and Francis
2017
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