Colorado College Logo

  DigitalCC

Use AND (in capitals) to search multiple keywords.
Example: harmonica AND cobos

1 hits

  • Thumbnail for GOING GREEN, INVESTING FOR LONG TERM PROFITABILITY IN RENEWABLE ENERGIES IN THE FACE OF A CAP-AND-TRADE SYSTEM: A CASE STUDY OF SWEDISH ENERGY PRODUCING FIRMS
    GOING GREEN, INVESTING FOR LONG TERM PROFITABILITY IN RENEWABLE ENERGIES IN THE FACE OF A CAP-AND-TRADE SYSTEM: A CASE STUDY OF SWEDISH ENERGY PRODUCING FIRMS by Pronove, Felix Ricardo

    In response to national commitments to lower carbon emissions and to government-mandated firm-specific emissions reduction targets using an emission cap-and-trade system, affected firms are subjected to an added marginal cost related to carbon emissions. Assuming that affected firms are profit seeking, they must alter their business strategies and investment plans to accommodate this new cost. To examine how businesses change strategies in the face of a new marginal cost, I look at the choices made by Swedish electricity-producing firms in the face of the European Union’s Emissions Trading Scheme. Through regressions of each firm’s profit, I discover that the investing in renewable energies will be the most profitable strategy in the long run.