What would a $70 carbon price do to a sector-neutral investment portfolio?

Tom Steffen discusses new research on the impact of carbon pricing on resource-heavy firms, compared with their more efficient peers

In May 2021, the UK auctioned the first allowances under its own Emission Trading System (UK ETS), which went live in January, replacing the EU ETS. The establishment of the UK ETS is another sign that countries are increasingly serious about tackling greenhouse gas emissions (GH…

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