Firm-level pollution and membership of emission trading schemes
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: Journal of Environmental Management
Volume: 351
eISSN: 1095-8630
ISSN: 0301-4797
DOI: 10.1016/j.jenvman.2023.119970
Abstract:Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership of emission trading schemes (ETSs), we find that members of the scheme emit more CO2 than non-participants. This result also holds when exploring the corporate discharge of sulphur and volatile organic compounds (VOCs). The magnitude of this relationship persists even in the long run showing little evidence of a reduction from the firms in polluting the environment. We also find that firms that select to exit the scheme continue to pollute at a higher rate in the following years. Firms that enter the scheme for the first time increase their pollution in the following years. Although we identify significant differences at a country and continental level on the effectiveness of ETSs, our results raise some concerns about ETSs’ role.
https://eprints.bournemouth.ac.uk/39342/
Source: Scopus
Firm-level pollution and membership of emission trading schemes.
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: J Environ Manage
Volume: 351
Pages: 119970
eISSN: 1095-8630
DOI: 10.1016/j.jenvman.2023.119970
Abstract:Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership of emission trading schemes (ETSs), we find that members of the scheme emit more CO2 than non-participants. This result also holds when exploring the corporate discharge of sulphur and volatile organic compounds (VOCs). The magnitude of this relationship persists even in the long run showing little evidence of a reduction from the firms in polluting the environment. We also find that firms that select to exit the scheme continue to pollute at a higher rate in the following years. Firms that enter the scheme for the first time increase their pollution in the following years. Although we identify significant differences at a country and continental level on the effectiveness of ETSs, our results raise some concerns about ETSs' role.
https://eprints.bournemouth.ac.uk/39342/
Source: PubMed
Firm-level pollution and membership of emission trading schemes
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: JOURNAL OF ENVIRONMENTAL MANAGEMENT
Volume: 351
eISSN: 1095-8630
ISSN: 0301-4797
DOI: 10.1016/j.jenvman.2023.119970
https://eprints.bournemouth.ac.uk/39342/
Source: Web of Science (Lite)
Firm-level pollution and membership of emission trading schemes
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: Journal of Environmental Management
Volume: 351
Pages: 119970
ISSN: 0301-4797
DOI: 10.1016/j.jenvman.2023.119970
Abstract:Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership of emission trading schemes (ETSs), we find that members of the scheme emit more CO2 than non-participants. This result also holds when exploring the corporate discharge of sulphur and volatile organic compounds (VOCs). The magnitude of this relationship persists even in the long run showing little evidence of a reduction from the firms in polluting the environment. We also find that firms that select to exit the scheme continue to pollute at a higher rate in the following years. Firms that enter the scheme for the first time increase their pollution in the following years. Although we identify significant differences at a country and continental level on the effectiveness of ETSs, our results raise some concerns about ETSs’ role.
https://eprints.bournemouth.ac.uk/39342/
Source: Manual
Firm-level pollution and membership of emission trading schemes.
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: Journal of environmental management
Volume: 351
Pages: 119970
eISSN: 1095-8630
ISSN: 0301-4797
DOI: 10.1016/j.jenvman.2023.119970
Abstract:Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership of emission trading schemes (ETSs), we find that members of the scheme emit more CO2 than non-participants. This result also holds when exploring the corporate discharge of sulphur and volatile organic compounds (VOCs). The magnitude of this relationship persists even in the long run showing little evidence of a reduction from the firms in polluting the environment. We also find that firms that select to exit the scheme continue to pollute at a higher rate in the following years. Firms that enter the scheme for the first time increase their pollution in the following years. Although we identify significant differences at a country and continental level on the effectiveness of ETSs, our results raise some concerns about ETSs' role.
https://eprints.bournemouth.ac.uk/39342/
Source: Europe PubMed Central
Firm-level pollution and membership of emission trading schemes
Authors: Adamolekun, G., Adedoyin, F.F. and Siganos, A.
Journal: Journal of Environmental Management
Volume: 351
ISSN: 0301-4797
Abstract:Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership of emission trading schemes (ETSs), we find that members of the scheme emit more CO2 than non-participants. This result also holds when exploring the corporate discharge of sulphur and volatile organic compounds (VOCs). The magnitude of this relationship persists even in the long run showing little evidence of a reduction from the firms in polluting the environment. We also find that firms that select to exit the scheme continue to pollute at a higher rate in the following years. Firms that enter the scheme for the first time increase their pollution in the following years. Although we identify significant differences at a country and continental level on the effectiveness of ETSs, our results raise some concerns about ETSs’ role.
https://eprints.bournemouth.ac.uk/39342/
Source: BURO EPrints