Simultaneously tackling climate change and air pollution better than non-linked strategies

A combined cost-benefit analysis on both local air pollution and global climate change - two closely related problems since both are driven by energy production and consumption patterns - shows that integrated environmental policies can generate net global welfare benefits. Furthermore, discounted benefits of local air pollution reduction significantly outweigh those of global climate change mitigation. These findings demonstrate the mutual relevance of, and interaction between, policies designed to address these two environmental challenges simultaneously.