• Contact
  • Login
  • About
    • Background
    • Organization
    • People
    • Partners
    • Job opportunities
    • Annual reports
  • Research
    • Academic Seminars
    • Fields of research
    • Publications
    • Research in the spotlight
    • Policy documents
    • Disclosure policy
  • National PhD program
    • Core courses
    • Mini courses
    • PhD visitor program
    • National PhD conferences
    • PhD Seminars
    • Job market candidates
    • PhD Placements
  • Outreach
    • Academic seminars
    • Conferences
    • Industry seminars
    • Videos
    • Podcasts
    • Women in Finance
    • Strategic partnerships
    • News & press
      • News
      • In the press
      • Newsletters
      • Press room
    • Spotlight on the Corona Crisis
  • Data Center
    • SHoF Data center – a national mission
    • Fama French Factors
    • FinBas
    • Historical Archives
    • NASDAQ HFT
    • Nordic Compass, SHoF's ESG Database
    • PAtLink
    • Serrano
    • Terms and conditions
    • Academic advisory group
    • News
  • About
    • Background
      • FAQ
      • Objectives
    • Organization
      • Board
      • Management committee
      • Scientific advisory board
      • Data center
      • Our guiding principles
      • Department of Finance SSE
      • SHoF advisory board
    • People
      • Resident researchers
      • Academic partner visitors
      • Affiliated researchers
      • Postdoctoral fellows
      • Research assistants
      • Job market candidates
      • PhD students
      • Admininistration
      • Outreach
      • Data center
      • Advisors
    • Partners
      • Academic partners
      • Partners
    • Job opportunities
    • Annual reports
  • Research
    • Academic Seminars
    • Fields of research
      • Household Finance
      • International Finance
      • Market Microstructure
      • Financial Intermediation and Institutions
      • Corporate Finance, Governance
      • Asset Pricing
      • Sustainable Finance
    • Publications
    • Research in the spotlight
    • Policy documents
    • Disclosure policy
  • National PhD program
    • Core courses
    • Mini courses
    • PhD visitor program
    • National PhD conferences
    • PhD Seminars
    • Job market candidates
    • PhD Placements
  • Outreach
    • Academic seminars
    • Conferences
    • Industry seminars
    • Videos
      • Interviews by Swedish House of Finance
      • SNS/SHoF Finance panels videos
      • Seminar videos
      • Conference videos
      • Annual Conference videos
    • Podcasts
    • Women in Finance
      • Events
      • Videos & podcasts
      • Featured research
      • News & press
      • People
      • Women in Finance Data
    • Strategic partnerships
    • News & press
      • News
      • In the press
      • Newsletters
      • Press room
    • Spotlight on the Corona Crisis
  • Data Center
    • SHoF Data center – a national mission
    • Fama French Factors
    • FinBas
      • Stocks Timeseries
      • Indices Timeseries
    • Historical Archives
      • Stocks list archive
      • Annual reports archive
    • NASDAQ HFT
      • Reconstructed Order Book
      • Nordic Market Quality
    • Nordic Compass, SHoF's ESG Database
    • PAtLink
    • Serrano
    • Terms and conditions
    • Academic advisory group
    • News
  • Contact
  • Login
  • Swedish House of Finance
  • Outreach
  • News & press
  • News
  • Research into how the world’s largest carbon pricing market impacts firm behavior receives 5.1 million SEK grant
Swedish House of Finance
  • About
  • Research
  • National PhD program
  • Outreach
    • Academic seminars
    • Conferences
    • Industry seminars
    • Videos
    • Podcasts
    • Women in Finance
    • Strategic partnerships
    • News & press
      • News
      • In the press
      • Newsletters
      • Press room
    • Spotlight on the Corona Crisis
  • Data Center

Research into how the world’s largest carbon pricing market impacts firm behavior receives 5.1 million SEK grant

SHoF’s Per Strömberg, Gustav Martinsson and Christian Thomann received the grant from the Marianne and Marcus Wallenberg Foundation.

Carbon pricing is often emphasized as one of the most important policy tools for achieving decarbonization and creating a more sustainable growth path for the economy. Still, there is a lack of comprehensive empirical evidence as to whether, and to what extent, carbon pricing affects firm behavior and most notably carbon dioxide (CO2) firm-level emissions. 

The researchers will use the grant to investigate how Swedish manufacturing firms have responded to the incentives provided by the European Union Emission Trading System (EU ETS), the world’s largest carbon pricing market. The research will provide novel insights into how firm level CO2 emissions change in response to the pricing from emissions rights provided by the EU ETS. 

“Carbon pricing is often emphasized as one of the most important policy tools for achieving decarbonization. However, little is known about how emissions should be priced. For example, if there is a difference between carbon taxes and an emissions trading system. In Sweden we have experience with both systems.” says Per Strömberg, professor at Stockholm School of Economics and the Swedish House of Finance. 

The research team is already working actively with issues relating to carbon pricing; amongst other things, they have investigated the efficiency of the Swedish carbon tax.  

Sweden was one of the first countries to introduce a carbon tax in 1991. In a study  from 2022, they found that 2015 CO2 emissions from Swedish manufacturing would have been roughly 30% higher without explicit pricing of carbon emissions. With the grant from Marianne and Marcus Wallenberg Foundation the three researchers will be able to contribute further to advancing the insight on how to design, and deliver optimal policy interventions, and how governments and markets should work more effectively together to address the low-carbon transition.

Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel

Read more

Strong link between high emissions taxes and investments in research and development

Read more

Per Strömberg

SSE

Read more

Gustav Martinsson

SU

Read more

Christian Thomann

KTH

Read more

Swedish House of Finance

Drottninggatan 98, 111 60 Stockholm

info@houseoffinance.se +46 8 736 91 00
Subscribe