Abstract
Climate change and its effects on business has become a focal discussion point in relation to corporate financial performance. As emissions trading is one of the closest and most self-evident influences on climate change, many companies have to face new financial constraints, especially in emissions-intensive sectors. However, these direct and indirect effects of emissions trading are not only affecting single companies and entire industry sectors. Due to the financial links to companies, there is also a strong linkage to financial markets; new business opportunities and challenges emerge. Furthermore, financial institutions can contribute to establishing and fostering emissions trading as a business case in general by a proactive involvement. Thus, all actors in financial markets should anticipate the business opportunities and assume a proactive role in supporting ET to on its path to success.
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Busch, T. (2006). Emissions trading and effects on financial markets. In: Antes, R., Hansjürgens, B., Letmathe, P. (eds) Emissions Trading and Business. Physica-Verlag HD. https://doi.org/10.1007/3-7908-1748-1_18
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DOI: https://doi.org/10.1007/3-7908-1748-1_18
Publisher Name: Physica-Verlag HD
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