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Multi-gas approaches to climate change policies require a metric establishing "equivalences" among emissions of various species. Climate scientists and economists have proposed four classes of such metrics and debated their relative merits. We present a unifying framework that clarifies the...
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The directional distance function (DDF) framework has been widely used to estimate the marginal abatement cost (MAC) of CO2 emissions to support decision-making in environmental sustainability and climate change issues. In the use of DDF, an important task is mapping evaluated entities towards a...
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