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Protecting the poor with a carbon tax and equal per capita dividend
We find that if all countries adopt the necessary uniform global carbon tax and then return the revenues to their citizens on an equal per capita basis, it will be possible to meet a 2 °C target while also inc...
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Climate action with revenue recycling has benefits for poverty, inequality and well-being
Existing estimates of optimal climate policy ignore the possibility that carbon tax revenues could be used in a progressive way; model results therefore typically imply that near-term climate action comes at s...
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Climate thresholds and heterogeneous regions: Implications for coalition formation
The threat of climate catastrophes has been shown to radically change optimal climate policy and prospects for international climate agreements. We characterize the strategic behavior in emissions mitigation a...
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Publisher Correction: Bottom-up linking of carbon markets under far-sighted cap coordination and reversibility
In the PDF version of this Article originally published, in equation (6) was incorrectly formatted as gi′, and at the end of the Methods section wi was incorrectly formatted as wi. These have now been corrected.
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How empirical uncertainties influence the stability of climate coalitions
International climate agreements are negotiated in the face of uncertainties concerning the costs and benefits of abatement and in the presence of incentives for free-riding. Numerical climate coalition models...
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Bottom-up linking of carbon markets under far-sighted cap coordination and reversibility
The Paris Agreement relies on nationally determined contributions to reach its targets and asks countries to increase ambitions over time, leaving open the details of this process. Although overcoming countrie...
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The climate rent curse: new challenges for burden sharing
The literature on the “resource curse” has strongly emphasized that large incomes from resource endowments may have adverse effects on the growth prospects of a country. Conceivably the income generated from e...
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The Stability and Effectiveness of Climate Coalitions
We report results from a comparison of numerically calibrated game theoretic integrated assessment models that explore the stability and performance of international coalitions for climate change mitigation. W...