energy subsidy designed to lock up fossil fuel and curb cumulative emissions. Such a subsidy brings forward the end of the …

Cumulative emissions drive peak global warming and determine the safe carbon budget compatible with staying below 2oC …

of CO2 emissions and warming. Second, few economic models incorporate positive feedbacks in the carbon cycle, whereby … temperature. These inconsistencies affect economic prescriptions to abate CO2 emissions. Controlling for how the economy is … represented, different climate models result in significantly different optimal CO2 emissions. A long delay between emissions and …