Global carbon pricing study shows climate policy can cut emissions 🌍, boost welfare 💰, and reduce inequality ⚖️ if paired with fair redistribution, either through uniform prices with transfers or differentiated national prices with revenue recycling.
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#GlobalCarbonPricing #ClimatePolicy #EmissionsReduction #WelfareBoost #InequalityReduction
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#GlobalCarbonPricing #ClimatePolicy #EmissionsReduction #WelfareBoost #InequalityReduction
PNAS
Within-country inequality and the shaping of a just global climate policy
Climate policy design must balance emissions mitigation with concerns for fairness, particularly as climate change disproportionately affects the p...
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