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Quiz (PG) Optimal climate policy

Optimal climate policy

1. Article 2 of the United Nations Framework Convention on Climate Change legislates for a stabilization of the atmospheric concentration of carbon dioxide. In the long run, this implies that
2. The carbon cycle is a complex process with many non-linear mechanisms. From the perspective of long-term climate policy, one of its key features is that
3. Which is true? Optimal climate policy requires that
4. In a dynamic optimization problem, we
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