The world's corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies.
Which means that even if companies were actually charged for the mess they made, they would be operating in the black AND their profits would still be 66% of normal.
44% of PROFITS, not gross income.
Which means that even if companies were actually charged for the mess they made, they would be operating in the black AND their profits would still be 66% of normal.
I’ll be that guy… 56% of normal
I think you will find most companies expect 110% minimum….
What company are you with that makes 110% profit margin? Most I’ve worked at are between 10%-40% and that’s including tech companies.
Think it was just a “always give 110% effort” joke.
Oh look here everyone, it’s the math guy!
Probably got some fancy education like primary school.
I mean… It’s really hard to subtract 44 from 100.