COVID-Induced Investor Sentiments and Market Reaction under Extreme Meteorological Conditions: Evidence from Clean Energy Sector of Asia-Pacific

The unprecedented global economic and social crisis caused by the coronavirus outbreak has not spared energy sector. Using a dynamic model, we investigated effect of COVID-19 cases on investor sentiments stock returns clean in Asian-Pacific region. results show that negatively affect using as transmission channel. We also find negative air pollution returns. Since restricted trade plummeted oil prices, economies relied non-renewable sources to meet demands. Nevertheless, investor’s optimism high sentiment level may deteriorate this link. On other hand, do any significant low-high temperature either or Clean stocks were viewed more sustainable less vulnerable external shocks, however, fear pessimism among investors induced corona-virus are spilled over renewable