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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. C change by the end of the century. The various taxes would slow warming to 3.5,

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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C global warming. SSP1, sustainability—taking the green road; SSP2, middle of the road; SSP5, fossil-fueled development—taking the highway. The paper is published in the journal Nature Climate Change. Current policies will create a mitigation gap of up to 19?GtCO Milovanoff et al.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. Comparing taxes between 2012 and 2015 yields a disconcerting result. Governments should do more and better.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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Georgia Tech study projects potential mixed impacts of climate change policies on air quality

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They used the EPA US 9-region national database (EPAUS9r) with the MARKet Allocation (MARKAL) energy system model to develop emissions scenarios and spectral nudging to downscale global climate to the regional scale over the US. The implementation of relatively aggressive carbon taxes can lead to improvements in PM 2.5