expanding, resource-intensive mitigation effort. If the rate of technical progress in mitigation is too low, it becomes the … class of economies. It also characterizes the social planner's optimum that anticipates the costs of reaching the …

lagged response to emissions reductions, climate benefits outweigh costs by a factor of 3, with gains concentrated in the …-related employment also rises during the transition. However, appropriate policies are needed to address potential effects on …

Asia-and a substantial rise in renewable energy. The cost of the transition can be relatively low if mitigation efforts are …