China, the United States, and India, decided on a more gradual phasing out extending beyond 2030. This paper estimates the ….5 percent by 2030. Among non-European countries, Australia, New Zealand, and Mexico will also be affected, with an expected … welfare loss of about 1.5 percent. Some of the major emitters, such as China and India, will experience minimal impacts to …

States, Canada, Australia, Chile, and the Organisation for Economic Co-operation and Development for 2006 to 2016, using a …