Plausibly Exogenous [1669] - Solar Power (08/28/2024)

LHS Variable
Development of clean technologies

RHS Variable
PE investment in fossil fuels

Source of Exogenous Variation
Intensity of sunlight that falls on fossil plants as a measure of solar investment opportunity

- Kumar (2024), “Getting Dirty Before You Get Clean: Institutional Investment in Fossil Fuels and the Green Transition”