Fig. 1: Simulation of Net Environmental Valuation for fossil fuel companies. | Communications Earth & Environment

Fig. 1: Simulation of Net Environmental Valuation for fossil fuel companies.

From: Carbon offsetting of fossil fuel emissions through afforestation is limited by financial viability and spatial requirements

Fig. 1

For prices ranging from $1/tCO2 to $150/t CO2, the percentage of companies in the 200 largest traded fossil fuel companies that have a negative Net Environmental Valuation was evaluated. At $150/t CO2, all fossil fuel companies have a negative Net Environmental Valuation. At the social cost of carbon (around 190$), all fossil fuel companies also have a negative Net Environmental Valuation.

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