Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally
Green Car Congress
MAY 6, 2022
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. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.
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