📈 economics
The Impact of Internal Carbon Pricing on Corporate Resilience: Evidence from U.S. Companies
This study finds that while internal carbon pricing imposes short-term costs on U.S. firms, it significantly enhances long-term corporate resilience by reducing bankruptcy risk, particularly for companies facing high transition risks or operating in high-carbon industries.
Original paper licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). This is an AI-generated explanation of the paper below. It is not written or endorsed by the authors. For technical accuracy, refer to the original paper. Read full disclaimer
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