How U.S. Federal Climate Policy Could Affect Chemicals’ Credit Risk-- Lessons from China

Climate;Business

Shally Venugopal ; Amanda Sauer ; Kyle Loughlin (Standard & Poor’s)

World Resources Institute

关键词: business;    climate change;    EPA;    investment;    regulation;    us policy;   

学科分类：环境科学（综合）

美国|英语

来源: World Resources Institute Publication

【 摘 要 】

This study, conducted with Standard & Poors Rating Services, examines how climate change policy drivers could be incorporated into the evaluation of credit quality.It analyzes two types of federal climate policy scenarios – (1) a market-based GHG emissions reduction policy as approximated by the American Power Act (APA), and (2) Environmental Protection Agency (EPA) regulation of greenhouse gas emissions (GHG) – in the context of 13 energy-intensive chemicals subsectors.