Our research shows higher carbon emissions increase costs for Australian businesses

Tue, 4 Jun 2024 19:41:04 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/our-research-shows-higher-carbon-emissions-increase-costs-for-australian-businesses-229133>

"Imagine every ton of carbon dioxide a company emits is slowly inflating its
costs — not just in terms of potential fines or fees but in the capital it
needs to grow and operate.

This isn’t just an environmental issue, it’s a stark reality many companies
experience today.

Our new research, looking at more than a thousand Australian-listed companies
from 2007 to 2020 reveals higher carbon emissions significantly increase the
costs to business.

Similar analysis has been done in Europe and North America where environmental
regulations are tough and longstanding. But ours is the first analysis of its
type in Australia where regulations are less stringent."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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