'Billions of tons of CO2 and hundreds of trillions of dollars of economic value hang in the balance,' Morgan Stanley auto analyst Adam Jonas.
Morgan Stanley estimates that passenger vehicles will emit 3.8 gigatons of carbon in 2020, which is equal to about 7% of total carbon emissions.
He said that he is increasingly convinced that the impact of carbon emissions "on earnings and multiples is far from fully appreciated."
France Dernières Nouvelles, France Actualités
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