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Returning to 350 ppm CO2: The Total Costs are Manageable, but Can We Share Them Fairly?

Advocates of stringent climate policy face somewhat of a strategic dilemma. On the one hand, as Ackerman and colleagues document in “The Economics of 350,” there is ample evidence that—in conventional economic terms—the costs of steep reductions in emissions to reach 350 parts per million (ppm) in atmospheric CO2 are quite manageable. Consistent with this […]