A Financial Analysis of the Low-Carbon Projects in the China (PRC)Jarrett JE1* Juan Yu2 and Xia Pan2
- *Corresponding Author:
- Jarrett JE
University of Rhode Island
E-mail: [email protected]
Received date: July 14, 2015; Accepted date: August 12, 2015; Published date: August 19, 2015
Citation:Jarrett JE, Yu J, Pan X (2015) A Financial Analysis of the Low-Carbon Projects in the China (PRC). Bus Eco J 6:179. doi:10.4172/2151-6219.1000179
Copyright: ©2015 Jarrett JE, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The purpose of this study is to determine the financial impacts of applying low-carbon projects stemming from the Kyoto Protocols on a sample of firms in the People’s Republic of China (PRC). By financial impacts we refer to the usual impacts on firms reflected in the financial reports of firms. The projects referred to as CDM aimed at reducing the demand and use of inefficient methods or producing and operating power generation resulting in high carbon emissions having negative effects on the ecology of the planet. We studied financial aspects of the projects to determine whether the sampled firms were harmed in a financial way by the implementation and results of the Kyoto sponsored projects. We do not cover all projects but a sample of those started and implemented in the PRC.