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DOI10.1016/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
ISSN0301-4215
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
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
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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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