Our research shows higher carbon emissions increase costs for Australian businesses

Journal article

Arian, Adam Gholami and Sands, John. (2024). Our research shows higher carbon emissions increase costs for Australian businesses. The Conversation. pp. 1-3.
AuthorsArian, Adam Gholami and Sands, John
Abstract

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.

KeywordsClimate change; carbon emissions; companies; business costs; environmental regulation; Australia; sustainability
Year01 Jan 2024
JournalThe Conversation
Journal citationpp. 1-3
PublisherThe Conversation Media Group
ISSN2201-5639
Web address (URL)https://theconversation.com/our-research-shows-higher-carbon-emissions-increase-costs-for-australian-businesses-229133
Open accessOpen access
Research or scholarlyResearch
Page range1-3
Publisher's version
License
File Access Level
Open
Output statusPublished
Publication dates
Online09 May 2024
Publication process dates
Deposited13 Sep 2024
Additional information

Copyright © 2010–2024, The Conversation Media Group Ltd

We believe in the free flow of information and so publish under a Creative Commons — Attribution/No derivatives licence. This means you can republish our articles online or in print for free, provided you follow these guidelines.

https://theconversation.com/au/republishing-guidelines

Place of publicationAustralia
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