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World's corporations creating trillions in carbon damages

Economists calculate that the worlds 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. An author of a new study in Thursdays journal Science estimates that the climate damage from publicly owned companies analyzed probably runs in the trillions of dollars globally and in the hundreds of billions for American firms.
Stanford University United States United Kingdom Christian Leuz Paul Romer Marshall Burke

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