Integrating the Real World into Climate Policy Models, with Wei Peng
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Climate Action Goes Local - What Does It Mean?
In the past five years, especially in the united states, state cities and business leaders are actually taking the lead in tackling climbag change. But what is the mean for the mitigation cost? When we think about climbe leaders like california, new york, these places, they are climbing leaders not because it's cheaper to mitigate in these places. It is because they have stronger loca political support. And that provides an opportunity to arbitrat so even though climbe leaders that doi have a relatively high implicit carbon tax because of this trade, don't see significantly more ac like higher cost of achieving the same go at the national level.
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