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.

气候政策不确定性是一种广泛使用的基于政策前沿的气候风险衡量指标。另一方面，能源金属为使用清洁、绿色和可持续能源来应对环境危害和减少碳足迹提供了途径。在此之后，本研究旨在通过交叉量化图的新技术研究气候政策不确定性和能源金属之间的关系。该研究发现，在减少碳排放方面，气候政策不确定性和能源金属之间存在显着关系。鉴于较大的滞后，我们还报告了能源金属的多元化收益。我们推导出对从业者、投资者和学者有用的见解。