Publication: Can today's and tomorrow's world uniformly gain from carbon taxation?
Can today's and tomorrow's world uniformly gain from carbon taxation?
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Kotlikoff, L. J., Kübler, F., Polbin, A., & Scheidegger, S. (2023). Can today’s and tomorrow’s world uniformly gain from carbon taxation? (NBER Working Paper Series). https://doi.org/10.3386/w29224
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Climate change will impact current and future generations in different regions very differently. This paper develops a large-scale, annually calibrated, multi-region, overlapping generations model of climate change to study its heterogeneous effects across space and time. We model the relationship between carbon emissions and the global average temperature based on the latest climate science. Predicated average global temperature is used to determine, via pattern-scaling, region-specific temperatures and damages. Our main focus is det
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Citations
Kotlikoff, L. J., Kübler, F., Polbin, A., & Scheidegger, S. (2023). Can today’s and tomorrow’s world uniformly gain from carbon taxation? (NBER Working Paper Series). https://doi.org/10.3386/w29224