Financialization impedes climate change mitigation: Evidence from the early American solar industry

Author:

Jerneck Max1ORCID

Affiliation:

1. Mistra Center for Sustainable Markets (Misum), Stockholm School of Economics, Stockholm, Sweden.

Abstract

How financialization undermines the development of low-carbon industries, exemplified by photovoltaics in the United States.

Publisher

American Association for the Advancement of Science (AAAS)

Subject

Multidisciplinary

Reference119 articles.

1. J. A. Schumpeter Capitalism Socialism and Democracy (Harper and Brothers 1942).

2. Financialisation and capital accumulation in the non-financial corporate sector:: A theoretical and empirical investigation on the US economy: 1973-2003

3. J. W. Mason Disgorge the Cash: The Disconnect Between Corporate Borrowing and Investment (Roosevelt Institute 2015).

4. A. Turner Between Debt and the Devil: Money Credit and Fixing Global Finance (Princeton Univ. Press 2015).

5. S. G. Cecchetti E. Kharroubi “Why does financial sector growth crowd out real economic growth? ” Working Paper No. 490 Bank of International Settlements Basel 2015.

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