Calculate annual profits after payout of settlement in lrisk

Calculate annual profits after payout of settlement in lrisk

subtract_settlement(
  data,
  scc,
  exp_share_damages_paid,
  settlement_factor,
  shock_year
)

Arguments

data

data frame containing the full trajectory company data

scc

Numeric. Social cost of carbon per excess ton of CO2 emitted. This is the price for each surplus ton of CO2 that goes into the calculation of the carbon liability of a company.

exp_share_damages_paid

Numeric. Ratio that defines the expected share of the calculated social cost of carbon that is considered in the liability.

settlement_factor

Catch all factor (ratio) that can be used to adjust the expected payout of the settlement due to further data gaps. Set to 1 by default.

shock_year

Numeric, year of the litigation event

Value

A tibble holding annual profits