The simple arithmetic of carbon pricing and stranded assets

A simple rule for the optimal global price of carbon is presented, which captures the geophysical, 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 unburn...

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Những tác giả chính: Van Der Ploeg, F, Rezai, A
Định dạng: Journal article
Được phát hành: Springer 2017