🤖 gxceed AI 要約
日本語
本稿は、EU ETS、中国国家ETS、カリフォルニア州キャップ・アンド・トレード制度の比較事例研究を通じて、炭素価格メカニズムがグローバル金融市場における資本再配分に与える影響を分析する。分析の結果、高い信頼性の炭素価格が、炭素集約的資産から再生可能エネルギーや低炭素インフラへの体系的な資本移動を促進することが示された。
English
This chapter examines how carbon pricing influences capital reallocation in global financial markets through a comparative case study of the EU ETS, China's National ETS, and the California Cap-and-Trade Program. Findings show that higher and more credible carbon prices systematically shift capital from carbon-intensive assets to renewable energy and low-carbon infrastructure.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本でもGX-ETSを含む炭素価格制度の設計が議論されており、本稿の比較分析は制度設計の有効性を評価する上で参考となる。
In the global GX context
This comparative study of major ETS provides empirical evidence on how carbon pricing drives capital reallocation, informing global policy debates on carbon pricing design and effectiveness.
👥 読者別の含意
🔬研究者:Provides cross-ETS empirical evidence linking carbon price credibility to capital flows.
🏢実務担当者:Useful for understanding how carbon pricing affects investment decisions and sectoral exposure.
🏛政策担当者:Insights on how carbon price levels and credibility influence capital reallocation, relevant for designing ETS.
📄 Abstract（原文）
Carbon pricing has emerged as a central policy instrument for aligning financial markets with climate objectives. Emissions trading systems (ETS) increasingly act not only as environmental tools but also as powerful financial signals shaping global investment behavior. This chapter investigates how carbon pricing mechanisms influence capital reallocation in global financial markets through a comparative case study of major emissions trading systems, including the European Union Emissions Trading System (EU ETS), China's National ETS, and the California Cap-and-Trade Program. Methodologically, the chapter adopts a mixed-methods case study design integrating quantitative financial market analysis with institutional and policy review. Secondary data are drawn from carbon allowance markets, stock exchanges, sectoral investment flows, and ESG disclosures. The findings indicate that higher and more credible carbon prices are associated with a systematic reallocation of capital away from carbon-intensive assets toward renewable energy, clean technology, and low-carbon infrastructure.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.4018/979-8-3373-8998-1.ch003first seen 2026-05-14 21:14:28
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。