Quad O与公司所有权:油气监管对公司价值的影响

IF 1.9 Q3 ENVIRONMENTAL STUDIES

Journal of Environmental Economics and Policy Pub Date : 2023-09-13 DOI:10.1080/21606544.2023.2255874

Scott Alan Carson

{"title":"Quad O与公司所有权:油气监管对公司价值的影响","authors":"Scott Alan Carson","doi":"10.1080/21606544.2023.2255874","DOIUrl":null,"url":null,"abstract":"Methane is a greenhouse gas and the main constituent of natural gas. The Environmental Protection Agency (EPA)’s Quad-O regulates and limits the amount of methane emitted into the atmosphere during production. This study finds that Quad O’s short and long-run effects are minimal for equity holders and that its 2011 implementation did not systematically reduce returns, indicating that pollution abatement need not reduce wealth. To the degree shareholders were affected, upstream exploration & production and equipment & services were the only sectors affected by Quad-O.","PeriodicalId":44903,"journal":{"name":"Journal of Environmental Economics and Policy","volume":null,"pages":null},"PeriodicalIF":1.9000,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Quad O and firm ownership: the effects of oil and gas regulation on firm value\",\"authors\":\"Scott Alan Carson\",\"doi\":\"10.1080/21606544.2023.2255874\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Methane is a greenhouse gas and the main constituent of natural gas. The Environmental Protection Agency (EPA)’s Quad-O regulates and limits the amount of methane emitted into the atmosphere during production. This study finds that Quad O’s short and long-run effects are minimal for equity holders and that its 2011 implementation did not systematically reduce returns, indicating that pollution abatement need not reduce wealth. To the degree shareholders were affected, upstream exploration & production and equipment & services were the only sectors affected by Quad-O.\",\"PeriodicalId\":44903,\"journal\":{\"name\":\"Journal of Environmental Economics and Policy\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.9000,\"publicationDate\":\"2023-09-13\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Environmental Economics and Policy\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/21606544.2023.2255874\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ENVIRONMENTAL STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Environmental Economics and Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/21606544.2023.2255874","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}

引用次数: 0

摘要

甲烷是一种温室气体，也是天然气的主要成分。美国环境保护署(EPA)的Quad-O规范和限制了生产过程中排放到大气中的甲烷量。本研究发现，Quad O的短期和长期效应对股权持有者来说都是最小的，而且2011年实施的Quad O并没有系统性地减少回报，这表明污染减排并不需要减少财富。就股东受影响的程度而言，上游勘探和生产以及设备和服务是受Quad-O影响的唯一行业。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Quad O and firm ownership: the effects of oil and gas regulation on firm value

Methane is a greenhouse gas and the main constituent of natural gas. The Environmental Protection Agency (EPA)’s Quad-O regulates and limits the amount of methane emitted into the atmosphere during production. This study finds that Quad O’s short and long-run effects are minimal for equity holders and that its 2011 implementation did not systematically reduce returns, indicating that pollution abatement need not reduce wealth. To the degree shareholders were affected, upstream exploration & production and equipment & services were the only sectors affected by Quad-O.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of Environmental Economics and Policy ENVIRONMENTAL STUDIES-

CiteScore

4.70

自引率

7.70%

发文量