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Dr Lakshmi Naaraayanan, Assistant Professor of Finance, London Business School 
Tuesday 04 October 2022, 12:00-13:30
Investments that make our homes greener: the role of regulation
- đ¤ Speaker: Dr Lakshmi Naaraayanan, Assistant Professor of Finance, London Business School đ Website
- đ Date & Time: Tuesday 04 October 2022, 12:00 - 13:30
- đ Venue: W2.01 CJBS
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Emily Brown
Abstract
The operation of residential buildings (our homes) is responsible for roughly 22% of the global energy consumption and 17% of the CO2 emissions. We study the effects of a regulatory intervention aiming to reduce carbon emissions by requiring privately rented properties to satisfy minimum energy efficiency standards. The regulation triggered significant investments in the rental sector. However, the environmental gains were smaller, limited by the use of more polluting energy sources. Regulatory interventions that target carbon emissions directly may be more effective in tackling the climate challenge.
Series This talk is part of the Finance Seminars, CJBS series.
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