The simple arithmetic of carbon pricing and stranded assets
A simple rule for the optimal global price of carbon is presented, which captures the geo-physical, economic, and ethical drivers of climate policy as well as the effect of uncertainty about future growth of consumption. There is also a discussion of the optimal carbon budget and the amount of unbur...
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| Formaat: | Working paper |
| Gepubliceerd in: |
University of Oxford
2017
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