Corporations would be on the hook for trillions of dollars globally if they were responsible for covering costs.
and the state of California are looking at similar regulations.
That calculation shows “which activities are particularly costly to society from a climate perspective,” Leuz said. Still, he cautioned that “it would not be correct to just blame the companies. It is not possible to divide responsibility for these damages between the firms that make the products and consumers who buy them.”
At $190 a ton, the utility industry averaged damages more than twice its profits. Materials manufacturing, energy and transportation industries all had average damages that exceeded their profits.industries averaged climate damages that were less than 1% of their profits.
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Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out.
Weiterlesen »
Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out
Weiterlesen »
Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out
Weiterlesen »
Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out.
Weiterlesen »
Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out
Weiterlesen »
Study reveals how much carbon damage would cost corporations if they paid for their emissionsEconomists calculate that 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 what they put out.
Weiterlesen »