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Paris Climate Agreement passes the cost-benefit test

Economics

Paris Climate Agreement passes the cost-benefit test

N. Glanemann, S. N. Willner, et al.

This research, conducted by Nicole Glanemann, Sven N. Willner, and Anders Levermann, delves into the economic viability of the Paris Climate Agreement's temperature targets. By linking economic growth to temperature via a damage-cost curve, they reveal that the policy could be the optimal pathway for the century if implemented correctly.

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Playback language: English
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