UC Davis Study Finds Investors in U.S. Oil, Gas Companies Have Not Ignored Science behind Unburnable Carbon, but Considered Multiple Factors

ITS-Davis researchers Rosa Dominguez-Faus and Amy Myers Jaffe¬†found “that investors’ rational expectations for future cash flows [for unburnable carbon] are based on all possible scenarios” in their study of stock market fluctuations and media reports. Story also appears in The Daily Fusion.

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