When does it pay to be green? New perspectives on the link between environmental regulation, environmental performance and financial performance in the context of the EU ETS. KU Leuven
This research project examines the impact of the European Emission Trading Scheme (EU ETS) on firm performance and green investments. The European Union (EU) launched the EU ETS, which can be considered as the cornerstone of the EU climate policy, in 2005. The EU ETS was the first and is to date the biggest international system for trading greenhouse gas emission allowances, covering almost half of the EU’s greenhouse emissions and operating ...