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Trends and Insights

26 Nov 2023


Profits That Would Evaporate If Companies Had to Pay for Their Carbon Emissions

The study by economists, covering about 15,000 public companies, highlights the potential economic implications of climate change pollution. It suggests that corporations could bear losses of up to 44% of their profits globally and in the hundreds of billions for American companies if billed for their detrimental contributions. These findings invoke the cost of carbon dioxide pollution proposed by the U.S government. [Source](