Investment Propensities under Carbon Policy Uncertainty

作者: Janne Kettunen , Derek W. Bunn , William Blyth

DOI: 10.5547/ISSN0195-6574-EJ-VOL32-NO1-4

关键词: EconomicsFinancial analysisMarket structureRisk–return spectrumElectric utilityClimate change mitigationMicroeconomicsStochastic optimizationEconomyCarbon priceInvestment (macroeconomics)

摘要: … First, our results show that the carbon policy uncertainty … the extra risks from carbon policy uncertainty. This tendency to more … policy uncertainty, can be reduced by supporting policies to …

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