Financial markets implications of the energy transition: carbon content of energy use in listed companies

Financial Innovation

Table 5 Literature Results in terms of TQ SDs

Study	van Emous et al. (2021)	Brouwers et al. (2018)	Wang et al. (2014)	Delmas et al. (2015)
Variable	CO2 Growth	Carbon Intensity	Carbon Footprint	Carbon Footprint
Sample	Firms from 53 countries 2004–2019	EU ETS over the period 2005–2012	Australia 2010	US 2004 to 2008
Effect	2.78%	−40.93%	39.39%	−98.55%