气候变化领域集成服务门户(CCPortal): Determinants of internal carbon pricing

CCPortal

DOI	10.1016/j.enpol.2020.111499
	Determinants of internal carbon pricing
	Bento N.; Gianfrate G.
发表日期	2020
ISSN	03014215
卷号	143
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
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
语种	英语
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/204564
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
推荐引用方式 GB/T 7714	Bento N.,Gianfrate G.. Determinants of internal carbon pricing[J],2020,143.
APA	Bento N.,&Gianfrate G..(2020).Determinants of internal carbon pricing.Energy Policy,143.
MLA	Bento N.,et al."Determinants of internal carbon pricing".Energy Policy 143(2020).