A new study led by professor Ben Leffel (Public Policy and Leadership) has been selected for the inaugural Berkeley Haas Sustainable Business Research Prize as a finalist, which "recognizes research with the greatest potential to spur immediate change in the face of environmental crises". The study, by Leffel and University of Michigan coauthors Tom Lyon and Josh Newell, reveals new pathways for decarbonizing corporate America, is titled, "Filling the climate governance gap: Do corporate decarbonization initiatives matter as much as state and local government policy?", and is now published in Energy Research & Social Science. The study shows that companies' internal efforts to reduce carbon emissions do make a positive impact, but not as much as state government financial incentives for commercial energy efficiency. Berkeley created a  brief of the study for use by policy and business leaders, linked here.