The Cost of Carbon: Capital Market Effects of the Proposed Emission Trading Scheme (ETS)

By L. Chapple, Peter M. Clarkson, Daniella Gold. 2011

438 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Business strategies and management accounting in response to climate change risk exposure and regulatory uncertainty (2017, background): “The liabilities associated with future ETS compliance costs can influence the value of companies (Chapple et al., 2013).”
The Value Relevance of Reputation for Sustainability Leadership (2014, background): “Chapple et al. (2011) investigate the impact of the proposal for the introduction of a national Emissions Trading Scheme by the Australian Government on the market valuation of Australian Securities Exchange firms, hypothesising a negative relation between a firm’s value and its carbon intensity…”
Market valuation of greenhouse gas emissions under a mandatory reporting regime: Evidence from the UK (2017, methodology): “Regarding GHG emissions, Chapple et al. (2013) use a weighted aggregation of emissions of various land, water and air ollutants of a sample of firms listed on the Australian Securities Exchange as a proxy for pollution performance.”
The Valuation Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme (2015, positive): “First, Chapple et al. (2013) examine the valuation relevance of the proposed Australian carbon ETS using a sample of 58 firms in 2007.”