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Person

David I. Stern

Working paper

Where in the world is it cheapest to cut carbon emissions? Ranking countries by total and marginal cost of abatement


Countries with low marginal costs of abating carbon emissions may have high total costs, and vice versa, for a given climate mitigation policy. This may help to explain different countries' policy stances on climate mitigation. We hypothesize that, under a common percentage cut in emissions intensity relative to business as usual (BAU), countries with higher...

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