13 February 2020 EY report examines impact of carbon taxes on key industries Calls to address climate issues are growing. Tax policies that aim to curtail CO2 emissions are already in place in many countries, and several US policymakers are putting forth proposals. A report by EY’s QUEST practice examines the potential industry impacts of an illustrative carbon tax on all US energy-related CO2 emissions, examining direct and indirect production costs and changes in consumer prices. The report breaks down the impact by industry and looks at the sources of emissions, which can be useful when discussing company-specific financial modeling and scenario-planning. Document ID: 2020-0356 |