Download or read book Modeling the Economics of Greenhouse Gas Mitigation written by National Research Council and published by National Academies Press. This book was released on 2011-02-24 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models are fundamental for estimating the possible costs and effectiveness of different policies for reducing greenhouse gas (GHG) emissions. There is a wide array of models to perform such analysis, differing in the level of technological detail, treatment of technological progress, spatial and sector details, and representation of the interaction of the energy sector to the overall economy and environment. These differences impact model results, including cost estimates. More fundamentally, these models differ as to how they represent fundamental processes that have a large impact on policy analysis-such as how different models represent technological learning and cost reductions that come through increasing production volumes, or how different models represent baseline conditions. Reliable estimates of the costs and potential impacts on the United States economy of various emissions reduction and other mitigation strategies are critical to the development of the federal climate change research and development portfolio. At the request of the U.S. Department of Energy (DOE), the National Academies organized a workshop, summarized in this volume, to consider some of these types of modeling issues.
Download or read book Assessing Economic Impacts of Greenhouse Gas Mitigation written by National Research Council and published by National Academies Press. This book was released on 2009-05-28 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many economic models exist to estimate the cost and effectiveness of different policies for reducing greenhouse gas (GHG) emissions. Some approaches incorporate rich technological detail, others emphasize the aggregate behavior of the economy and energy system, and some focus on impacts for specific sectors. Understandably, different approaches may be better positioned to provide particular types of information and may yield differing results, at times rendering decisions on future climate change emissions and research and development (R&D) policy difficult. Reliable estimates of the costs and benefits to the U.S. economy for various emissions reduction and adaptation strategies are critical to federal climate change R&D portfolio planning and investment decisions. At the request of the U.S. Department of Energy (DOE), the National Academies organized a workshop to consider these issues. The workshop, summarized in this volume, comprised three dimensions: policy, analysis, and economics. Discussions along these dimensions were meant to lead to constructive identification of gaps and opportunities. The workshop focused on (1) policymakers' informational needs; (2) models and other analytic approaches to meet these needs; (3) important economic considerations, including equity and discounting; and (4) opportunities to enhance analytical capabilities and better inform policy.
Download or read book Climate Change Modeling Mitigation and Adaptation written by Rao Y. Surampalli and published by Amer Society of Civil Engineers. This book was released on 2013 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title contains 25 invited chapters that present the most current thinking on the environmental mechanisms contributing to global climate change and explore scientifically grounded steps to reduce the buildup of greenhouse gases in the atmosphere.
Download or read book Economic analysis of greenhouse gas mitigation potential in the US forest sector written by Justin Baker and published by RTI Press. This book was released on 2017-08-30 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study conducted an economic analysis of future US forest mitigation potential using a detailed economic model of the global forestry sector. The scenario design included a wide range of possible future carbon price incentives and climate policy structures (unilateral and global mitigation). Results across all scenarios show US forest sector mitigation potential ranging from 54 to 292 MtCO2e between 2015 and 2030 (5 to 47 percent of the additional mitigation needed to achieve the 26 to 28 percent emissions reduction target). The results from this study suggest that the US forest sector can play an important role in global greenhouse gas mitigation efforts, including efforts to meet any potential future US mitigation targets.
Download or read book An Introduction to the Economics of Climate Change Policy written by John P. Weyant and published by . This book was released on 2000 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews how economic models address a set of critical assumptions & their effects on greenhouse gas mitigation costs. Identifies 5 determinants that together explain the majority of differences in modeling cost estimates, & which can help policy-makers understand the projected costs of climate change (CC) policy: What level of greenhouse gas emissions are projected under current policies? What climate policies are assumed to be put in place to achieve emissions reductions? What assumptions are made about how advances in tech. might affect these emissions? And to what extent are environmental impacts of CC included?
Download or read book Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations written by Zili Yang and published by MIT Press. This book was released on 2008 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh approach to the economics of climate change that bridges integrated assessment modeling and game theoretic modeling.Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations: An Integrated Assessment Modeling Approach
Download or read book Investing to Mitigate and Adapt to Climate Change written by Anthony Bonen and published by International Monetary Fund. This book was released on 2016-08-05 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused development remains an open question. The paper places particular emphasis on the changing level of risk and vulnerabilities faced by developing countries as they allocate investment toward growth strategies, adapting to climate change and emissions mitigation.
Download or read book Modeling Environment Improving Technological Innovations under Uncertainty written by Alexander Golub and published by Routledge. This book was released on 2008-12-08 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues of technology and uncertainty are very much at the heart of the policy debate of how much to control greenhouse gas emissions. The costs of doing so are present and high while the benefits are very much in the future and, most importantly, they are highly uncertain. Whilst there is broad consensus on the key elements of climate change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system, there is little agreement on the costs and benefits of climate policy. The book looks at different ways of reconciling the needs for sustainability and equity with the costs of action now. Presenting a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy, this book describes mathematical models and their predictions. The goal is to provide a practitioner’s guide for doing the science of economics and climate change. Because the assumptions motivating different problems in the economics of climate change have different complexities, a number of models are presented with varying levels of difficulty: reduced-form and structural, partial- and general-equilibrium, closed-form and computational. A unifying theme of these models is the incorporation of a number of price and quantity instruments and an analysis of their respective efficacies. This book presents models that contain structural uncertainty, i.e., uncertainty that economic agents respond to via their risk attitudes. The novelty of this book is to relate the effects of risk and risk attitudes to environment-improving technological innovation.
Download or read book Understanding Risks and Uncertainties in Energy and Climate Policy written by Haris Doukas and published by Springer. This book was released on 2018-12-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.
Download or read book Economics of Greenhouse Gas Limitations written by Kirsten Halsnæs and published by Unep Collaborating Centre. This book was released on 1998 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Integrated Assessment Models of Climate Change Economics written by Zheng Wang and published by Springer. This book was released on 2017-03-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the principles of integrated assessment models (IAM) for climate change economics and introduces various computable models for different development mechanisms under climate change governance. The authors present several new models they have constructed based on the RICE framework, specifically the MRICES((multi-factor RICE)) and EMRICES models, which incorporate global economic interactions into the RICE framework, and the CINCIA model, which describes technological advances and industrial structure evolution, introducing the mechanism of evolutionary economics. The models discussed in the book help governments and policy-makers tackle climate change and take positive measures on climate governance as well as promote economic and social development to narrow the gaps between countries.
Download or read book Economics of Climate Change Mitigation in Central and West Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-03-01 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecological complexity and diverse ecosystems give Central and West Asia rich natural resources and hydrocarbon reserves. Countries in this region are exposed to climate change risks, and there is growing recognition that their carbon-intensive economies necessitate greenhouse gas mitigation. This report assesses the costs, benefits, and investment opportunities for greenhouse gas reduction in the energy and transport sectors of Azerbaijan, Kazakhstan, and Uzbekistan, and discusses indirect benefits of such reduction to human health and energy security. It gives policymakers, practitioners, and academics an overview of policy measures and technologies available for emission reduction, as well as scenarios of future emission trajectories in the three countries.
Download or read book The Economics of Climate Change written by Nicholas Herbert Stern and published by Cambridge University Press. This book was released on 2007-01-04 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Independent, rigorous and comprehensive analysis of the economic aspects of climate change.
Download or read book Evaluating Options for U S Greenhouse Gas Mitigation Using Multiple Criteria written by Nicholas Burger and published by Rand Corporation. This book was released on 2014-05-20 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Choosing policy responses to mitigate greenhouse gases (GHGs) is one of the great challenges that the United States faces. It will require balancing cost-effectiveness and other objectives that reflect the institutional and political realities of passing major federal legislation with widespread impacts on U.S. producers and consumers. This paper develops a framework for evaluating U.S. GHG-mitigation policy that balances several criteria.
Download or read book Production and Consumption side Perspectives on Greenhouse Gas Mitigation Policies written by Stefan Nabernegg and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation written by Manoj Atolia and published by International Monetary Fund. This book was released on 2018-12-10 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climate change and the appropriate mitigation policy. We extend such a model to include optimal policies for mitigation, adaptation and infrastructure investment studying the dynamics of the transition to a low fossil-fuel economy. We focus on the adverse effects of increase in atmospheric CO2 concentration on households. Formally, the model gives rise to an optimal control problem of finite horizon consisting of a dynamic system with five-dimensional state vector consisting of stocks of private capital, green capital, public capital, stock of brown energy in the ground, and emissions. Given the numerous challenges to climate change policies the control vector is also five-dimensional. Our solutions are characterized by turnpike property and the optimal policy that accomplishes the objective of keeping the CO2 levels within bound is characterized by a significant proportion of investment in public capital going to mitigation in the initial periods. When initial levels of CO2 are high, adaptation efforts also start immediately, but during the initial period, they account for a smaller proportion of government's public investment.
Download or read book Climate Technology Strategies 2 written by Pantelis Capros and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate technology becomes more and more relevant in international environmental policy negotiations. At the Kyoto conference binding emission reduction targets have been established for several regions of the world. The major challenge is how to realize these reduction goals with minimum costs without generating new distributional and social difficulties. The book analyses the macroeconomic structural and distributional impacts of greenhouse gas mitigation strategies for the EU and the member states.
