"A new paper from Trucost, part of S&P Dow Jones Indices, suggests major companies across the electric utility, chemicals and automaker industries could suffer ’significant losses’ from new carbon pricing policies or carbon taxes introduced as part of nations’ climate efforts."

[COMMENTARY] It seems that some defensive stock plays might not be so reliably defensive after all. Many investors and fund managers might want to re-evaluate their premises and holdings after reading Trucost’s report.
Utilities may suffer ’significant losses’ from carbon taxes, by Madeleine Cuff, January 26, 2018, BusinessGreen, USA.