Mani, Muthukumara S.; Hussein, Zekarias; Narayanan, Badri; … - 2018
China, the United States, and India, decided on a more gradual phasing out extending beyond 2030. This paper estimates the … welfare loss of about 1.5 percent. Some of the major emitters, such as China and India, will experience minimal impacts to … production and trade suggests a significant loss to fossil fuel-based sectors, while clean energy sectors can experience …