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productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial … without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of … productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a …
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The stylized model presented in this paper extends the approach developed by Fischer and Newell (2008) by analysing the optimal policy design in a context with more than one externality while taking explicitly into account uncertainty surrounding future emission damage costs. In the presence of...
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