Climate action with revenue recycling has benefits for poverty, inequality and well-being.

Existing estimates of optimal climate policy ignore the possibility that carbon tax revenues could be used in a progressive way; model results therefore typically imply that near-term climate action comes at some cost to the poor. Using the Nested Inequalities Climate Economy (NICE) model, we show that an equal per capita refund of carbon tax revenues implies that achieving a 2°C target can pay large and immediate dividends for improving well-being, reducing inequality and alleviating poverty. In an optimal policy calculation that weighs the benefits against the costs of mitigation, the recommended policy is characterized by aggressive near-term climate action followed by a slower climb towards full decarbonization; this pattern-which is driven by a carbon revenue Laffer curve-prevents runaway warming while also preserving tax revenues for redistribution.

Erratum: The Dynamics of Coalition Formation on Complex Networks.

This corrects the article DOI: 10.1038/srep13386.

The Dynamics of Coalition Formation on Complex Networks.

Complex networks describe the structure of many socio-economic systems. However, in studies of decision-making processes the evolution of the underlying social relations are disregarded. In this report, we aim to understand the formation of self-organizing domains of cooperation ("coalitions") on an acquaintance network.

Granular gases of rod-shaped grains in microgravity.

Granular gases are convenient model systems to investigate the statistical physics of nonequilibrium systems. In the literature, one finds numerous theoretical predictions, but only few experiments. We study a weakly excited dilute gas of rods, confined in a cuboid container in microgravity during a suborbital rocket flight.