Mandatory Emissions Disclosures | Markets vs. Mandates 

Chair: Ross Levine, Hoover Institution
Panelists: Patricia Breuer, Erasmus University Rotterdam and Todd Henderson, U. of Chicago and Hoover Institution
Laws in the U.S. and abroad require firms to publicly disclose carbon emissions resulting from their enterprise. The justification is that transparency will equip investors and customers with information to guide choices. Emissions, however, are measured with error and mandates may create unintended consequences. Why and when will disclosure mandates do more good than harm?
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