Environmental Liabilities, Borrowing Costs, and Pollution Prevention: Impact of the Apex Ruling

Explains how an oil liability ruling changes firms’ financing costs and pollution-prevention behavior.

Energy & climateexpertbankruptcy riskborrowing costscredit spreadsdeterrenceenvironmental liabilitiesenvironmental regulationRoss LevineJohn TaylorAnnelise AndersonTerry Anderson

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• Hoover Institution · 2024-06-07

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