Hexbyte Glen Cove Study examines how clean air act affects municipal bond market thumbnail

Hexbyte Glen Cove Study examines how clean air act affects municipal bond market

Credit: Unsplash/CC0 Public Domain Research has studied the effects of climate risk on financial markets, but few studies have addressed the effect of environmental policy on those markets. A new study examined whether federal policy aimed at mitigating local air pollution—specifically, the Clean Air Act—affected the municipal bond market from 2005 to 2019. The...

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