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Climate justice is conceived as the intertemporal climate equity and equality exchange amongst generations. Sustainability - intended as the interplay amongst the economy, the society, the environment, and the governance - is essential to forge the climate justice theoretical framework. On this...
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We use perturbation methods to derive a rule for the optimal risk-adjusted social cost of carbon (SCC) that incorporates the effects of uncertainties associated with climate and the economy from a calibrated DSGE model. We allow for different aversions to risk and intertemporal fluctuations,...
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