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Can I read Carbon Premium: Risk vs. Mispricing Analysis on EtoBox?
Carbon Premium: Risk vs. Mispricing Analysis by mondschein0001 is a document available to read on EtoBox.
What is Carbon Premium: Risk vs. Mispricing Analysis about?
1) Prior research found high returns for companies with high carbon emissions, assumed to reflect high costs and risks of transitioning to a low-carbon economy. This study finds the carbon premium partially results from unexpected positive earnings and earnings announcements, suggesting some mispricing. 2) Companies with higher scope 1-3 emissions experience greater positive earnings surprises and announcement returns. Announcements account for 30-50% of the annual carbon premium. However, carbon intensit
- Author
- mondschein0001
- Language
- EN