Climate wealth borrowing by countries since 1950

Nature Climate Change, Published online: 06 July 2023; doi:10.1038/s41558-023-01717-1

An integrated assessment model calibrated on past economic and climate development is used to estimate the historical time-series of the social costs of carbon from 1950 to 2018. The extent to which individual countries reduced global wealth through their fossil and industrial-process carbon dioxide emissions was then assessed.
Nature Climate Change