Ontology highlight
ABSTRACT:
SUBMITTER: Gazzotti P
PROVIDER: S-EPMC8187370 | biostudies-literature | 2021 Jun
REPOSITORIES: biostudies-literature
Gazzotti Paolo P Emmerling Johannes J Marangoni Giacomo G Castelletti Andrea A Wijst Kaj-Ivar van der KV Hof Andries A Tavoni Massimo M
Nature communications 20210608 1
Benefit-cost analyses of climate policies by integrated assessment models have generated conflicting assessments. Two critical issues affecting social welfare are regional heterogeneity and inequality. These have only partly been accounted for in existing frameworks. Here, we present a benefit-cost model with more than 50 regions, calibrated upon emissions and mitigation cost data from detailed-process IAMs, and featuring country-level economic damages. We compare countries' self-interested and ...[more]