Open Access. Powered by Scholars. Published by Universities.®

Physical Sciences and Mathematics Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 7 of 7

Full-Text Articles in Physical Sciences and Mathematics

Depaul Digest Oct 2023

Depaul Digest

DePaul Magazine

College of Education Professor Jason Goulah fosters hope, happiness and global citizenship through DePaul’s Institute for Daisaku Ikeda Studies in Education. Associate Journalism Professor Jill Hopke shares how to talk about climate change. News briefs from DePaul’s 10 colleges and schools: Occupational Therapy Standardized Patient Program, Financial Planning Certificate program, Business Education in Technology and Analytics Hub, Racial Justice Initiative, Teacher Quality Partnership grant, Intimate Partner Violence and Brain Injury collaboration, School of Music Career Closet, Sports Photojournalism course, DePaul Migration Collaborative’s Solutions Lab, Inclusive Screenwriting courses. New appointments: School of Music Dean John Milbauer, College of Education Dean Jennifer …


Is Carbon Risk Priced In The Cross-Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen Sep 2023

Is Carbon Risk Priced In The Cross-Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen

Research Collection Lee Kong Chian School Of Business

This paper examines the pricing of a firm's carbon risk, measured by its carbon emissions intensity, in the cross-section of corporate bond returns. Contrary to the "carbon risk premium" hypothesis, we find bonds of firms with higher carbon emissions intensity earn significantly lower returns. This effect cannot be explained by a comprehensive list of bond characteristics and exposure to known risk factors. Investigating sources of the low carbon premium, we find the underperformance of bonds issued by carbon-intensive firms cannot be fully explained by divestment from institutional investors. Instead, our evidence is most consistent with investor underreaction to carbon risk, …


Why Reach Codes: Local Players Driving Statewide Building Standards, Gabriella Medina, Darbi Berry, Gabriela Yamhure Aug 2023

Why Reach Codes: Local Players Driving Statewide Building Standards, Gabriella Medina, Darbi Berry, Gabriela Yamhure

San Diego Regional Climate Collaborative

Reach codes are local energy ordinances that employ various technologies, strategies, and integrated systems that go above California Building Standards Code (CA Building Code, Title 24) standards and support greenhouse gas emission reduction efforts. A reach code is a mandated energy performance requirement for the built environment, typically incorporated as part of a city’s climate action plan, local hazard mitigation plan, or climate adaptation plan. Not only do reach codes help local jurisdictions remain in compliance with state mandates, they enable local climate leadership by signaling support for the future direction of state Building Code standards. This blog provides a …


Is Carbon Risk Priced In The Cross Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen Jun 2023

Is Carbon Risk Priced In The Cross Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen

Research Collection Lee Kong Chian School Of Business

This article examines the pricing of a firm’s carbon risk in the corporate bond market. Contrary to the “carbon risk premium” hypothesis, bonds of more carbon-intensive firms earn significantly lower returns. This effect cannot be explained by a comprehensive list of bond characteristics and exposure to known risk factors. Investigating sources of the low carbon alpha, we find the underperformance of bonds issued by carbon-intensive firms cannot be fully explained by divestment from institutional investors. Instead, our evidence is most consistent with investor underreaction to the predictability of carbon intensity for firm cash-flow news, creditworthiness, and environmental incidents.


A Simulation Of The Impacts Of Climate Change On Civil Aircraft Takeoff Performance, Thomas D. Pellegrin Apr 2023

A Simulation Of The Impacts Of Climate Change On Civil Aircraft Takeoff Performance, Thomas D. Pellegrin

Doctoral Dissertations and Master's Theses

Climate change affects the near-surface environmental conditions that prevail at airports worldwide. Among these, air density and headwind speed are major determinants of takeoff performance, and their sensitivity to global warming carries potential operational and economic implications for the commercial air transport industry. Previous archival and prospective research observed a weakening in headwind strength and predicted an increase in near-surface temperatures, respectively, resulting in an increase in takeoff distances and weight restrictions. The main purpose of the present study was to update and generalize the extant prospective research using a more representative sample of worldwide airports, a wider range of …


Understanding Urban Heat Islands And Impacts, Darbi Berry, Nicole Fassina, A-Bel Gong Jan 2023

Understanding Urban Heat Islands And Impacts, Darbi Berry, Nicole Fassina, A-Bel Gong

San Diego Regional Climate Collaborative

Urban heat islands play a large role in aggravating climate impacts on water, electricity, and air pollutants, and affect vulnerable communities disproportionately. This blog calls onto historical redlining and disinvestment and urban development as direct contributors of socioeconomic disparities and includes a case study of one of our region’s most vulnerable communities.


Leading Climate & Environmental Action In The San Diego Region, Tessa Tinkler, Eo Hanabusa, Emily Young, Darbi Berry, Connelly Meschen Jan 2023

Leading Climate & Environmental Action In The San Diego Region, Tessa Tinkler, Eo Hanabusa, Emily Young, Darbi Berry, Connelly Meschen

Environment

Leading Climate & Environmental Action in the San Diego Region presents the state of environment-focused nonprofits in the San Diego region and their legacies that position them to continue impactful climate action. Findings in this report are synthesized from quarterly public opinion pollings (San Diego Residents Survey), surveys of 30 local environmental nonprofit leaders (Nonprofit Leaders Survey), the latest nonprofit data from the Internal Revenue Service (IRS), and data on foundation grants awarded to local nonprofits (Candid). The environmental nonprofit sector in the San Diego region is relatively small, but it has worked on the frontlines for many years to …