We develop a one-dimensional energy balance climate model with heat transportation across locations. We introduce the … impact of thermal transport across latitudes on welfare inequality. -- Energy Balance Climate Models ; Heat Diffusion …

This paper proposes an operationally simple and easily generalizable methodology to incorporate climate change damage …-specific factor by extracting damage distribution means and variances from an ensemble of socio economic and climate change scenarios … highly sensitive to the coefficient of relative risk aversion. Once the climate change damage function incorporates the risk …

catastrophic climate change. Built upon a rigorous accounting of national circumstances, the DDPP defines transparent pathways … countries are: Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, South Africa … national debate on climate-change mitigation, and the importance of deep decarbonization, by examining three alternative …

This paper examines how changes in an international climate regime would affect the European decarbonization strategy … Forum (EMF) model comparison study on European climate policy to 2050. Moving from a no-policy scenario to an existing …-policies case reduces all energy imports, on average. Introducing a more stringent climate policy target for the EU only leads to …

After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top … carbon markets ultimately faces the same obstacles that are at the heart of global climate negotiations. Linkage can … potentially reduce overall costs of tackling climate change by leveraging the differences in the marginal costs of emissions …

The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of … climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise … policy insights to emerging and developing countries that are on the way to implement climate change measures. Overall, the …