期刊
ENERGY ECONOMICS
卷 34, 期 1, 页码 215-226出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.eneco.2011.03.002
关键词
Clean energy; Stock prices; Oil price; Carbon price
类别
资金
- Grants-in-Aid for Scientific Research [24651034] Funding Source: KAKEN
Recent discussions of energy security and climate change have attracted significant attention to clean energy. We hypothesize that rising prices of conventional energy and/or placement of a price on carbon emissions would encourage investments in clean energy firms. The data from three clean energy indices show that oil prices and technology stock prices separately affect the stock prices of clean energy firms. However, the data fail to demonstrate a significant relationship between carbon prices and the stock prices of the firms. (C) 2011 Elsevier B.V. All rights reserved.
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