Estimating the Effectiveness of Internal Carbon Pricing: Evidence from Companies and Higher Education Organizations

估计内部碳定价的有效性：来自公司和高等教育机构的证据

• 批准号: 2711748
• 金额: --
• 依托单位: University of Bristol
• 依托单位国家: 英国
• 项目类别: Studentship
• 财政年份: 2022
• 资助国家: 英国
• 起止时间: 2022 至 无数据
• 项目状态: 未结题
• 来源: https://gtr.ukri.org/projects?ref=studentship-2711748
• 关键词: Estimating; Effectiveness; Internal; Carbon; Pricing

Facing the pressure from different stakeholders (i.e. investors, customers and non-government organizations, NGOs) to manage climate-related risks, a rising number of private companies started to disclose their greenhouse gas (GHG) emissions and use internal carbon pricing (ICP) to internalize the externality to adjust business strategies from the short-term and long-term perspectives. Recent studies shed light on the guidance, the motives and barriers to implementing ICP, and the case studies of ICP adoption in companies or higher education organizations. However, the studies examining the effectiveness of ICP are still limited and the impact mechanism of ICP on the decision-making process remains unclear. Moreover, there is a lack of scientific research examining different ICP methods across different types of organizations. This study intends to bridge the research gap of the effectiveness of ICP by exploring the heterogeneous impact of different types of ICP methods on different types of organizations, such as companies in different industries and higher education organizations. The propensity score matching (PSM) will first be used to obtain a matched sample of the companies or higher education organizations with an almost identical probability of using ICP. Then, the staggered difference-in-difference (DID) will be employed to estimate the impact of adopting ICP. The comparison analysis will be employed for different types of ICP methods and different types of organizations by constructing sub-sample regressions. The findings of this research will support the decision-making process for the selection of ICP methods and provide target references for different types of organizations to maximize the benefits of ICP.

面对来自不同利益相关者（即投资者、客户和非政府组织）管理气候相关风险的压力，越来越多的私营企业开始披露其温室气体（GHG）排放量，并使用内部碳定价（ICP）将外部性内部化，从短期和长期角度调整业务战略。最近的研究揭示了实施ICP的指导，动机和障碍，以及公司或高等教育机构采用ICP的案例研究。然而，审查比较方案有效性的研究仍然有限，比较方案对决策过程的影响机制仍然不清楚。此外，缺乏对不同类型组织采用的不同比较方案方法进行审查的科学研究。本研究旨在通过探索不同类型的ICP方法对不同类型组织（例如不同行业的公司和高等教育组织）的异质性影响，弥补ICP有效性的研究空白。倾向分数匹配（PSM）将首先用于获得公司或高等教育机构的匹配样本，这些公司或机构使用ICP的概率几乎相同。然后，交错差分（DID）将被用来估计采用ICP的影响。通过构建子样本回归，对不同类型的国际比较方案方法和不同类型的组织进行比较分析。本研究的结果将为选择比较方案方法的决策过程提供支持，并为不同类型的组织提供目标参考，以最大限度地发挥比较方案的效益。