Abstract
Climate policy uncertainty is a widely used measure of climate risk based on policy fronts. On the other hand, energy metals offer avenues for the use of clean, green, and sustainable energy to combat the environmental hazards and reduce carbon footprint. Following this, the current study aims to investigate the relationship between climate policy uncertainty and energy metals through a novel technique of cross-quantilogram. The study finds a pronounced relationship between climate policy uncertainty and energy metals in terms of reducing carbon emissions. We also report diversification benefits of energy metals given the larger lags. We deduced useful insights for practitioners, investors, and scholars.
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