Carbon pricing influences UK stock returns at least as much as oil, study finds

Published 15:43 on July 28, 2025 / Last updated at 15:43 on July 28, 2025 / / EMEA (Compliance Markets & Taxes, Europe)

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Pricing of CO2 emissions explains stock returns for UK-listed firms at least as much as oil prices, with carbon prices becoming the single most important energy or environmental variable to consider in determining corporate value, according to a recent study.
Pricing of CO2 emissions explains stock returns for UK-listed firms at least as much as oil prices, with carbon prices becoming the single most important energy or environmental variable to consider in determining corporate value, according to a recent study.


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