The Heat is on: The Impact of Climate Regulations on Industry Productivity
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Abstract
This paper presents the results of a randomized experiment varying the method of selection of industries, the characteristics of the selected industries and their input towards respecting environmental regulations. I find it extremely important for companies to abide by these governmental climate regulations as they help reach a key milestone in our humanitarian evolution which is sustainable production. All companies that so far doesn’t fall under this category will soon follow because even in a perfect working model, non-sustainable industries by definition will soon run out of materials and will have to eventually follow the trend.
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