Increasingly, countries are making the pricing of carbon emissions mandatory, either by enforcing cap-and-trade rules or by imposing a carbon tax. But with the pace of government regulatory support varying dramatically from country to country, many companies are also trying to offset their emissions voluntarily, in response to the growing cohort of environmentally conscious consumers and the increasing influence of environmental, social, and governance (ESG) funds. How should investors take this new business expense into account? Read the full economic outlook in the latest edition of Global Insight.
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Arnie Lerman retired from RBC Wealth Management on December 31st, 2017 after 40+ years in the industry. We thank Arnie for his efforts and contributions to our team, and we wish him the best as he enjoys retirement.