Study reveals how much carbon damage would cost corporations if they paid for their emissions
phys.org
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.
  • Espi@kbin.social
    31·
    1 year ago

    There are four ways forward:

    1. Corporations choose willingly to reduce emissions (and probably die in the process as their prices are no longer competitive)
    2. ALL corporations band together to reduce emissions
    3. ALL consumers band together to purchase only from corporations that have low or no emissions
    4. Government forces consumers and corporations to reduce emissions.

    So in the real world, there is only one way forward.