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We couple a one-dimensional energy balance climate model with heat transportation across latitudes, with an economic growth model. We derive temperature and damage distributions across locations and optimal taxes on fossil fuels which, in contrast to zero-dimensional Integrated Assessment...
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tax increase. Exploiting differences in vehicle use across income groups, it is estimated that the approximately $2 a day … parking tax increase led to a 4-6 percent reduction in total vehicle trips in high-income areas, with the largest response …
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