Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Conference Presentation |
| Scope | Discipline-based scholarship |
| Title | Too-Big-To-Strand: Bond to Bank Substitution in the Transition to a Low-carbon Economy |
| Organization Unit | |
| Authors |
|
| Presentation Type | speech |
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
|
| Event Title | Seminar at Fox School of Business, Temple University |
| Event Type | other |
| Event Location | Philadelphia / online |
| Event Start Date | October 8 - 2021 |
| Event End Date | October 8 - 2021 |
| Abstract Text | Fossil fuel investments over the past few years are at the centre of political debates about climate change policy. This article explores the role market- and bank-based debt play in the climate transition process. It presents evidence that fossil fuel firms increasingly substitute bonds for syndicated bank loans, when banks price the risk of stranded assets less than the bond market. |
| Related URLs | |
| Export |
BibTeX
|