Faculty & Research
Faculty & Research
- December 2024
- Energy Policy
Coordinating the Energy Transition: Electrifying Transportation in California and Germany
By: Nicholas Goedeking and Jonas Meckling
| California and Germany share ambitious emission reduction targets. Yet California is ahead of Germany in electrifying transportation by several metrics, including the number of public charging stations. We show that variation in the politics of coordination in... |
- November–December 2024
- Harvard Business Review
How Robust Is Your Climate Governance?
By: Lynn S. Paine and Suraj Srinivasan
| During the past few years, as evidence of climate change and its effects has mounted, many corporate boards have added climate governance to their agendas. But the maturity of boards’ climate-oversight processes and activities varies widely. To better understand how... |
- November 2024
- Case
Polish Agro: Where Do We Grow From Here?
By: Willy C. Shih, Lena Duchene and Daniela Beyersdorfer
| By July 2024, Polish Agro had grown into one of Poland’s fastest-growing agribusinesses, with 230 million in revenue, 82 employees, and operations across Northern Poland. The company supported farmers with essential agricultural inputs like fertilizers and seeds, while... |
- November 2024
- Teaching Material
Allbirds: Decarbonizing Fashion (A) and (B) Video Supplement
By: Michael W. Toffel, Kenneth P. Pucker and Stacy Straaberg
- 2024
- Nature Communications
State Capacity and Varieties of Climate Policy
By: Jonas Meckling and Ari Benkler
| Countries vary in the adoption of sticks and carrots in climate policy. Differences in institutional capacity and fiscal space shape national policies. This matters for the effectiveness of national mitigation efforts and the extent of international conflict over... |
- 2024
- Working Paper
Climate Solutions, Transition Risk, and Stock Returns
By: Shirley Lu, Edward J. Riedl, Simon Xu and George Serafeim
| Using large language models to measure firms' climate solution products and services, we find that high-climate solution firms exhibit lower stock returns and higher market valuation multiples. Their stock prices respond positively to events signaling increased demand... |
- November 2024
- Teaching Material
BWX Technologies - Student Version
By: Suraj Srinivasan and Yuan Zou
- 08 Nov 2024
- Op-Ed
How Private Investors Can Help Solve Africa's Climate Crisis
by John Macomber
| Africa faces escalating climate risks that threaten its people and businesses. While governments and development finance institutions lack the capital to address these challenges, John Macomber argues that private investors could play a pivotal role in developing... |
- November 2024
- Teaching Material
BWX Technologies - Instructor Version
By: Suraj Srinivasan and Yuan Zou
- November 2024
- Case
Ather Energy: The Future of Mobility
By: Shunyuan Zhang, Kannan Srinivasan and Malini Sen
| Ather Energy, India’s third-largest electric scooter maker by volume, was founded in 2013. Five years later, the start-up launched its first electric scooter, Ather 450, which was powered by artificial intelligence (AI) and the Internet of Things (IoT), to navigate... |
- 2024
- Working Paper
Catalysts for Climate Solutions: Corporate Responses to Venture Capital Financing of Climate-tech Startups
By: Shirley Lu, George Serafeim and Simon Xu
| We study whether incumbent firms increase their product focus on climate solutions in response to venture capital (VC) financing of climate-tech startups. Using large language models to measure a firm's focus on climate solutions, we find that incumbents in similar... |
- October 2024
- Case
NextGen CDR Facility: From Davos to Details
By: Peter Tufano, Emily A. Chien and Karina Val
| Next Gen CDR is a startup that pools corporate commitments to purchase Tech CDR, which promises to permanently remove and store carbon from the atmosphere to combat climate change. A partnership between South Pole and Mitsubishi Corp., Next Gen has secured initial... |