Gazzotti, P., Emmerling, J., Marangoni, G. et al. Persistent inequality in economically optimal climate policies. Nat Commun
Objective:
- Go beyond traditional benefit-cost analysis centered on economic efficiency and to inlcude heterogeneity and inequality as one of the key components of welfare
Case:
- 57 Regions, EU and G20
Methodology:
- IAM: DICE
- Marginal abatement cost curve
Data Source
- SSP
- carbon cycle: CMIP5
Findings:
- If countries cooperated for the sake of the global good, fast emissions reductions would be optimal
- The poorest countries face dramatic economic loss
