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 …

emission reductions but cooperates on the development of new, climate friendly technologies that reduce the costs of abatement … aggregate willingness to pay on equilibrium emissions is ambiguous. -- technology agreement ; coalition stability ; climate …

emission reductions but cooperates on the development of new, climate friendly technologies that reduce the costs of abatement …

Climate feedback mechanisms that have the potential to intensify global warming have been omitted almost completely in … the integrated assessment of climate change and the economy so far. With the present paper we try to narrow this gap in …

We couple a one-dimensional energy balance climate model with heat transportation across latitudes, with an economic …