Optimal Carbon Prices in an Unequal World: The Role of Regional Welfare Weights
Analysis
Key Takeaways
- •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.
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