Do Carbon Prices Affect Stock Prices?
Harvard Corporate Governance
APRIL 26, 2023
The start of 2023 has seen prices of permits on the European Union’s carbon market rise to record levels, rising above 105 euros per ton of carbon in February. This post is based on their paper. Our study covers Phase 3 (2013-2020) of the scheme, during which it underwent significant changes and achieved maturity.
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