Integrated Assessment Models (IAMs) are cornerstone tools in guiding decarbonization policies. However, the petrochemical sector, which is crucial to the future of oil and gas due to its non-energy fossil feedstock demands, has been overlooked in IAMs. This study aims to evaluate the...

Transitioning to a low-carbon economy requires undertaking massive investment expenditures, and how to finance these expenditures remains at the core of economic debates. However, the cost of not transitioning to a low-carbon economy is often forgotten in these debates. These costs have...