An Analysis of Carbon-Reduction Pledges of U.S. Oil and Gas Companies

The authors gratefully acknowledge Dean Costis Maglaras, Bruce Usher, and Geoffrey Heal of the Tamer Center at Columbia Business School for funding the data collection for this project and for their comments. The authors are grateful to Annika Wang for sharing the EPA violation case data and to Tom Lee and Priscilla Shum for their assistance with data collection. Particular thanks are owed to the associate editor and two referees for their comments and guidance that helped improve the paper. Finally, the authors thank Xavier Tison and workshop participants at the following schools that improved the paper: the 2022 Columbia Business School Climate Conference, the University of Texas at Austin, the University of Texas at Arlington, and Yale University.