All increased costs are passed along to the end consumer. No company will absorb those costs.
When some dipshit pol pushes for a $15 minimum wage for people with little skill; they are raising the cost of everything on all people. The end result is no one benefits because the raise is offset by raised costs and those on a fixed income get screwed.
It should hurt to be that stupid. It really should.
And people lose jobs because the owner has to make up the difference and lays off staff.
And the millions of dollars power plants in California have to pay for carbon credits gets passed on. No way it wouldn’t be. But California gets all that money, and consumers pay.