If companies had to pay for their carbon emissions, nearly half their profits would evaporate, study finds

If companies had to pay for their carbon emissions, nearly half their profits would evaporate, study finds

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The world’s corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies. The “corporate carbon damages” from those publicly owned companies analyzed — a…

#science #christianleuz #universityofchicago #indonesia #unitedkingdom #billhare #climateanalytics #stanforduniversity #marshallburke #greggmarland

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