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Keywords: Declining discount rate
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Journal Articles
Setting Carbon Taxes using Declining Discount Rates: Implications for Investment-Based Mitigation
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Strategic Behavior and the Environment (2020) 8 (3): 311–344.
Published: 12 October 2020
...Chris J. Kennedy; Shana M. McDermott; Matthew E. Oliver The use of declining discount rates (DDR) to calculate the net present value of damages associated with climate change has important ramifications for climate policy. We examine the behavior of a firm subject to climate-based market...
