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DOI | 10.1016/j.enpol.2020.111252 |
Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data | |
Blanco C.C.; Caro F.; Corbett C.J. | |
发表日期 | 2020 |
ISSN | 0301-4215 |
卷号 | 138 |
英文摘要 | Firms around the world need to find ways to continuously reduce their carbon footprint, preferably in ways that are profitable or cost-effective. The opportunities available to them will change over time, as they implement the most profitable ones first and as technology changes. When designing and adjusting their carbon policies, policy-makers need to understand the abatement opportunities firms are facing. We explore this using data collected by CDP (formerly the Carbon Disclosure Project) on 20,920 carbon abatement projects implemented by more than 1400 firms worldwide over 7 years. Using fixed effects regression with energy price controls by country, our results show that the average payback period of implemented carbon emissions reduction projects remained relatively constant from 2010-2016, although there is tentative evidence that the projects are becoming smaller over time. We provide a novel firm-level perspective on carbon emissions reduction activities using data on projects implemented and reported by large, global firms, and discuss how the insights from such firm-level analysis can help inform the design and revision of carbon emissions policies over time. © 2020 Elsevier Ltd |
英文关键词 | And carbon abatement; CDP; Climate change; Energy efficiency |
学科领域 | Carbon footprint; Climate change; Cost effectiveness; Emission control; Energy efficiency; Investments; Profitability; Carbon abatement; Carbon Disclosure Project; Carbon emissions; Carbon emissions reductions; Cost effective; Firm-level analysis; Payback periods; Technology change; Data reduction; abatement cost; carbon emission; cost-benefit analysis; energy efficiency; industrial production; policy making; pollution tax; profitability; temporal variation |
语种 | 英语 |
scopus关键词 | Carbon footprint; Climate change; Cost effectiveness; Emission control; Energy efficiency; Investments; Profitability; Carbon abatement; Carbon Disclosure Project; Carbon emissions; Carbon emissions reductions; Cost effective; Firm-level analysis; Payback periods; Technology change; Data reduction; abatement cost; carbon emission; cost-benefit analysis; energy efficiency; industrial production; policy making; pollution tax; profitability; temporal variation |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/118130 |
作者单位 | Fisher College of Business, Ohio State UniversityOH, United States; Anderson School of Management, University of California, Los Angeles, CA, United States |
推荐引用方式 GB/T 7714 | Blanco C.C.,Caro F.,Corbett C.J.. Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data[J],2020,138. |
APA | Blanco C.C.,Caro F.,&Corbett C.J..(2020).Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data.Energy Policy,138. |
MLA | Blanco C.C.,et al."Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data".Energy Policy 138(2020). |
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