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Carbon emission cost for automakers

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Passenger vehicles will account for about 7% of global carbon emissions in 2020, and as carbon costs increase this could seriously impact automakers’ bottom line, according to Morgan Stanley.

“In a world where the price of carbon emissions rises, the impact of such numbers on financial results and investment performance may be significant,” Morgan Stanley auto analyst Adam Jonas said in a note to clients Wednesday.

Owen Richards | The Image Bank | Getty Images

“While this process may take time and auto & auto related firms may have any number of strategies to adapt their fleets … we believe investors cannot be too early in assessing the exposure as a starting point,” he added.

Morgan…



Source cnbc.com

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