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With respect to the emission-intensive and trade exposed sectors, however, only Egypt, Mozambique, South Africa and Zimbabwe are rather net-exporters of embodied emissions.
In addition, the potential occurrence of several exposures in what might be thought of as less traditionally exposed sectors, such as the retail and service industries, is highlighted.
"Banks are one of the most exposed sectors to Brexit," Andrew Coombs, a Citigroup analyst, said in a research note distributed on Monday.
"Politicians seem to have underestimated the potential of windfall profits in exposed sectors and have believed over all the claims of industry that additional costs cannot be passed through," the study concluded.
The other big debate in Europe concerns how to allocate free trading allowances to "exposed sectors," like steel, which tend to suffer particularly from carbon pricing, according to Michael Grubb, the chair of climate strategies and a senior research associate at Cambridge University.
Less exposed sectors will receive 30% for free.
Similar(54)
This might be the case if the internationally exposed sector takes the lead.
SRI indices are exposed financial sectors whereas Islamic indices are invested in Oil & Gas sectors.
The most notorious scandals have been exposed in sectors freed from regulation in the Nineties.
He says that both have relatively small populations, "large internationally exposed banking sectors," "a currency that is not a global reserve currency" and "limited fiscal capacities".
With an open economy and an exposed banking sector, the UK may turn out to be Iceland without the fish and thermal power.
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