Persistent inequality in economically optimal climate policies

Benefit-cost analyses of climate policies have generated conflicting assessments; as social welfare is affected by regional heterogeneity. Here the authors show that economically optimal pathways are consistent with climate stabilization but are characterized by persistent economic inequalities due...

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Autores principales: Paolo Gazzotti, Johannes Emmerling, Giacomo Marangoni, Andrea Castelletti, Kaj-Ivar van der Wijst, Andries Hof, Massimo Tavoni
Formato: article
Lenguaje:EN
Publicado: Nature Portfolio 2021
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Acceso en línea:https://doaj.org/article/11eebf7440fe4e59a7f7b27f94a5a4c5
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Sumario:Benefit-cost analyses of climate policies have generated conflicting assessments; as social welfare is affected by regional heterogeneity. Here the authors show that economically optimal pathways are consistent with climate stabilization but are characterized by persistent economic inequalities due to climate damages.