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SUMMARY:Investments that make our homes greener: the role of regulation - 
 Dr Lakshmi Naaraayanan\, Assistant Professor of Finance\, London Business 
 School
DTSTART:20221004T110000Z
DTEND:20221004T123000Z
UID:TALK185114@talks.cam.ac.uk
CONTACT:Emily Brown
DESCRIPTION:The operation of residential buildings (our homes) is responsi
 ble for roughly 22% of the global energy consumption and 17% of the CO2 em
 issions. We study the effects of a regulatory intervention aiming to reduc
 e carbon emissions by requiring privately rented properties to satisfy min
 imum energy efficiency standards. The regulation triggered significant inv
 estments in the rental sector. However\, the environmental gains were smal
 ler\, limited by the use of more polluting energy sources. Regulatory inte
 rventions that target carbon emissions directly may be more effective in t
 ackling the climate challenge.
LOCATION:W2.01 CJBS
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