DOI: 10.1016/j.enpol.2020.111499
论文题名: Determinants of internal carbon pricing
作者: Bento N. ; Gianfrate G.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 143 语种: 英语
中文关键词: Climate change
; Climate policy
; Corporate environmentalism
; Environmental economics
; Internal carbon price
英文关键词: Climate change
; Climate models
; Costs
; Economics
; Business models
; Carbon costs
; Carbon Disclosure Project
; Carbon pricing
; Climate footprints
; Climate policy
; Corporate governance
; Low carbon economy
; Carbon
; carbon footprint
; climate change
; environmental policy
; pollution tax
英文摘要: Action against climate change is urgent and requires the participation of firms. The progressive internalization of carbon costs by firms is essential in the transition to a low-carbon economy. Internal carbon pricing is an emerging set of practices voluntarily adopted by companies to embed climate footprint in operations and business models. We explore the factors that explain the adoption of internal carbon prices (ICP) among global companies reporting to the Carbon Disclosure Project between 2015 and 2017. We specifically test whether the macroeconomic, regulatory, industry, and firm-specific characteristics affect the disclosed level of the ICPs. Results show that the ICPs depend to a large extent on the national climate policy, country's development, industry, and corporate governance. Furthermore, context explain more the differences in ICP than industry and firm-specific characteristics. Thus uncertainties around countries' climate policy hampers carbon pricing in business. These findings shed light on the factors that contribute to the dissemination of carbon pricing in society. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167024
Appears in Collections: 气候变化与战略
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作者单位: Instituto Universitário de Lisboa (ISCTE-IUL), DINAMIA'CET, Av.das Forças Armadas, Lisboa, 1649-026, Portugal; EDHEC Business School, 393 Promenade des Anglais 393, 06202 Nice Cedex 3BP3116, France
Recommended Citation:
Bento N.,Gianfrate G.. Determinants of internal carbon pricing[J]. Energy Policy,2020-01-01,143