17 February 2020 EY Carbon Modeling Tool now available With the renewed focus on climate mitigation strategies, it is important for companies to be aware of how a potential carbon tax and other carbon pricing policies could impact their operations, suppliers and customers. Ernst & Young LLP (EY) has developed the EY Carbon Modeling Tool to help companies measure these effects. The tool models both a carbon tax's direct costs (i.e., the cost at the point where the tax is imposed) and indirect costs (i.e., the impact of price increases throughout supply chains assuming costs are passed forward). It uses information from more than 400 industries based on industry averages to arrive at its estimates. Find more information regarding this tool in the attached slipsheet. Document ID: 2020-0380 |
