Optimal Carbon Prices in an Unequal World: The Role of Regional Welfare Weights

This article, sourced from ArXiv, likely presents research on the economic implications of carbon pricing, specifically considering how regional welfare disparities impact the optimal carbon price. The focus is on the role of different welfare weights assigned to various regions, suggesting an analysis of fairness and efficiency in climate policy.

• •The research likely explores how to set carbon prices that are both economically efficient and consider regional inequalities.
• •The study probably uses economic models to simulate the effects of different carbon pricing schemes under various welfare weight scenarios.
• •The findings could inform policymakers on how to design carbon pricing policies that are more equitable and effective in reducing emissions.