"Marginal Carbon Releases Emissions and Revenue Data of 250 Companies; Carbon Gap Analysis Reveals Insights"

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"Marginal Carbon Releases Emissions and Revenue Data of 250 Companies; Carbon Gap Analysis Reveals Insights"

Marginal Carbon, a platform dedicated to carbon removal market analysis, has made emissions and revenue data from 250 prominent companies publicly available. Covering the period from 2020 to 2022, the data encompasses various industries, with 209 companies specifically contributing information on scopes 1 and 2 emissions.

This data has been utilized in an analysis by Carbon Gap, a Belgian NGO specializing in carbon decarbonization. The report delves into the scope 1, 2, and 3 GHGs, revenues, and profits of 209 companies. It calculates the revenue per ton of CO2 emitted, offering valuable insights into companies' capacity to financially support carbon removal initiatives.

The analysis concludes that companies emitting fewer GHGs relative to their revenue can implement a credible internal carbon fee. For instance, a bank could spend $200 on a carbon fee of 0.1% of its profits. Additionally, the report suggests a benchmark for an internal carbon fee in the range of $100 to $200 per ton, based on various analyses.

The SBTi Net-Zero Standard, a framework for corporate net-zero targets, is referenced in the report. It suggests that all sectors can afford to eliminate the final 10% of emissions through permanent carbon removal at a price of $100 per ton.

For those interested in exploring the detailed data, Marginal Carbon has made it publicly accessible here.

 Frequently Asked Questions (FAQ):

1. What does Marginal Carbon's platform focus on?

   • Marginal Carbon is a platform dedicated to analyzing the carbon removal market.

2. How many companies' data does Marginal Carbon make publicly available, and for what period?

   • Marginal Carbon has released emissions and revenue data from 250 companies spanning from 2020 to 2022.

3. What does the data cover, and what scopes were primarily examined?

   • The data covers emissions and revenue from various industries. Notably, 209 companies provided data for scopes 1 and 2 emissions.

4. How does Carbon Gap utilize the data for analysis?

   • Carbon Gap, a Belgian NGO, used the data for an analysis that includes scope 1, 2, and 3 GHGs, revenues, and profits of 209 companies. The analysis calculates the revenue per ton of CO2 emitted, providing insights into companies' capacity to pay for carbon removal.

5. What does the report conclude regarding internal carbon fees?

   • The report suggests that companies emitting fewer GHGs relative to their revenue can implement a credible internal carbon fee. It provides examples, such as a bank spending $200 on a carbon fee of 0.1% of its profits.

6. What is the suggested benchmark for an internal carbon fee according to the analyses?

   • The analyses suggest a reasonable benchmark for an internal carbon fee is in the range of $100 to $200 per ton.

7. What is the SBTi Net-Zero Standard, and what does the report conclude regarding it?

   • The SBTi Net-Zero Standard is a framework setting corporate net-zero targets. The report suggests that all sectors can afford to eliminate the final 10% of emissions through permanent carbon removal at a price of $100 per ton.

8. Where can the detailed data be accessed?

   • The detailed data is available on the following Google Sheets link: Marginal Carbon Data.

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