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[Illustrations, footnotes and references available in PDF version]
This summary updates Monckton of Brenchley (2013), read at the World Federation of Scientists’ 2012 Seminars on Planetary Emergencies. The paper applied inter-temporal investment appraisal to mainstream IPCC climatology by comparing the cost of Australia’s 10-year CO2 tax (Parliament of Australia, 2011) with the benefit in the cost of warming-related damage the tax might avoid.
