Publication Keyword: emissions permits

Climate Change Policy under Spatial Heat Transport and Polar Amplification

This paper is, to our knowledge, the first paper in climate economics to consider the combination of spatial heat transport and polar amplication. We simplied the problem by stratifying the Earth into latitude belts and assuming, as in North et al. (1981), that the two hemispheres were symmetric. Our results suggest that it is possible to build climate economic models that include the very real…

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