(Outlet: Wall Street Journal) Climate-driven payouts are pressuring insurers, and some states are looking to keep premiums down. “The pendulum is swinging from being less friendly to insurers to putting them into a position of strength,” said Benjamin Keys, a professor of real estate and finance at the University of Pennsylvania’s Wharton School.…Read More
(Outlet: Knowledge at Wharton) Christina Zhu, Assistant Professor of Accounting at Wharton, joins the show to discuss her new paper on how retail investors view firms’ ESG-related activities.…Read More
(Outlet: Knowledge at Wharton) Wharton professor of legal studies and business ethics Eric Orts explains how California’s new climate disclosure laws differ from the SEC’s proposed rule, and potential legal challenges to come.…Read More
(Outlet: Stockhead) A new research paper co-authored by Wharton accounting professor Christina Zhu found that retail investors care about a stock’s ESG related activities – but only if they don’t adversely affect the value of their investments.…Read More
(Outlet: The New York Times) The electricity needed to run A.I. could boost the world’s carbon emissions, depending on whether the data centers get their power from fossil fuels or renewable resources. New climate disclosure laws may play a role in the future of A.I. electricity consumption.…Read More
(Outlet: The Hill) The Securities and Exchange Commission (SEC) is expected to finalize a new rule this month to cover required corporate climate disclosures by public-reporting companies. But the bigger news is that California Gov. Gavin Newsom (D) has announced that he will soon sign into law two climate change disclosure bills passed by the state Legislature. Wharton Professor Eric Orts weighs in on these new environmental laws.…Read More
(Outlet: WHYY) Storm damage is on the rise. Here’s what that means for homeowners in the Delaware Valley. Ben Keys, professor of real estate and finance at the University of Pennsylvania’s Wharton School, says current and future homeowners should still pay attention to what the insurance industry is doing.…Read More
(Outlet: Wall Street Journal) Everybody knows that founders have a huge impact on how a startup performs. But what about the first bunch of employees they hire? That was the question a group of four researchers sought to answer in a recent study.…Read More
(Outlet: Global News) The cost of extreme weather is starting to hit Canadians at home – and could, experts warn, put downward pressure on real estate as buyers and sellers realize the true cost to protect a home has been underestimated due to its climate risk factor.…Read More
(Outlet: Reuters) A series of permit rejections for two high-profile carbon pipeline projects in the U.S. Midwest could bode poorly for carbon capture and storage (CCS) as a widespread solution to climate change, reflecting deep-seated public concern about its risks and environmental impacts. …Read More
