Attributing Local Climate Damages to Specific Emitters

The paper presents a unified framework for calculating country-specific climate damages resulting from past or future greenhouse gas emissions from any known emitter. The authors then demonstrate four applications of this method: calculation of “carbon debt” owed by individual emitters (e.g. individual people or firms) based on past emissions, calculation of country-level “loss and damage” payments owed by large historical emitters to developing countries, correction of official GDP time series to reflect climate externalities, and construction of a damage function that maps different levels of future warming to global aggregate economic damages.

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