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Green energy indices & financial markets: An in-depth look

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  • Nobletz, Capucine

Abstract

This paper builds a new database on green energy stock indices, over the 2006–2020 period. We show that green energy indices follow different patterns than benchmark stock indices. Moreover, only a few firms simultaneously compose the green and benchmark indices. This could be an indication that the current leading financial indices might not be structured to finance a low-emissions economy.

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  • Nobletz, Capucine, 2022. "Green energy indices & financial markets: An in-depth look," International Economics, Elsevier, vol. 171(C), pages 80-109.
    • Handle: RePEc:eee:inteco:v:171:y:2022:i:c:p:80-109
    DOI: 10.1016/j.inteco.2022.05.004
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    Cited by:

    1. Capucine Nobletz, 2021. "Return spillovers between green energy indexes and financial markets: a first sectoral approach," EconomiX Working Papers 2021-24, University of Paris Nanterre, EconomiX.

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    More about this item

    Keywords

    Financial markets; Green energy indices;

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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