The Financial Impact of Carbon Taxation on Corporates
| Author | : Jochen M. Schmittmann |
| Publisher | : International Monetary Fund |
| Total Pages | : 12 |
| Release | : 2023-05-18 |
| ISBN-10 | : 9798400244223 |
| ISBN-13 | : |
| Rating | : 4/5 (23 Downloads) |
Book Synopsis The Financial Impact of Carbon Taxation on Corporates by : Jochen M. Schmittmann
Download or read book The Financial Impact of Carbon Taxation on Corporates written by Jochen M. Schmittmann and published by International Monetary Fund. This book was released on 2023-05-18 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan’s commitment to achieve net zero emissions by 2050 will likely require substantial carbon pricing. Corporates appear to be able to absorb a sharp increase in carbon taxes on average, but there is a substantial weak tail of firms that could face financial stress. The analysis underscores the need to align the private sector and public policies with Japan’s climate targets to ensure a smooth transition to net zero.
