Emissions trading boosts innovation, cuts costs for businesses
This article covers various aspects of how businesses interact with emissions trading policies. Researchers explored topics like decision-making, innovation strategies, compliance costs, and the impact on industries like electricity. They found that emissions trading can influence how companies approach sustainability, investment, and management, particularly in the context of changing regulations and market competitiveness. The study also looked at specific cases in different European countries and the US to understand how businesses adapt to emission reduction requirements and the role of stakeholders in corporate governance. Overall, the findings suggest that emissions trading schemes have significant effects on business practices and financial markets, impacting strategic decision-making and technology adoption.