Rochelle March
Senior Analyst, Trucost, part of S&P Dow Jones Indices
How an Industry Reduced Its Carbon Pricing Risk by 922%
Companies that act now to invest in low carbon technologies have the chance to maintain their license to grow and avoid carbon pricing costs that would significantly reduce profits. For example, in 2020, the technology sector’s investments in energy efficiency for their U.S. data centers could avoid over USD 6.9 billion in carbon costs and…
- Categories ESG
- Tags carbon pricing risk, data centers, energy efficiency, sectors, technology, Trucost
- Categories
- ESG
Carbon Pricing: The Business Case for Low-Carbon Innovation
The belief that economic growth is possible without lowering carbon emissions is becoming harder to sell by the minute. A study by the London School of Economics showed that if business-as-usual emissions continue over this century, the value of risk to global financial assets in today’s terms is 1.8%, or USD 2.5 trillion. Likewise, analysis…