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Author: National Research Council Publisher: National Academies Press ISBN: 0309162351 Category : Science Languages : en Pages : 160
Book Description
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.
Author: National Research Council Publisher: National Academies Press ISBN: 0309162351 Category : Science Languages : en Pages : 160
Book Description
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.
Author: National Research Council Publisher: National Academies Press ISBN: 030914115X Category : Science Languages : en Pages : 55
Book Description
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.
Author: Justin Baker Publisher: RTI Press ISBN: Category : Science Languages : en Pages : 8
Book Description
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.
Author: Rao Y. Surampalli Publisher: Amer Society of Civil Engineers ISBN: 9780784412718 Category : Science Languages : en Pages : 708
Book Description
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.
Author: Zili Yang Publisher: MIT Press ISBN: 0262240548 Category : Business & Economics Languages : en Pages : 203
Book Description
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
Author: John P. Weyant Publisher: ISBN: 9780756709969 Category : Climatic changes Languages : en Pages : 51
Book Description
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?
Author: Anthony Bonen Publisher: International Monetary Fund ISBN: 1475523696 Category : Business & Economics Languages : en Pages : 46
Book Description
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.
Author: Lirong Liu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Global climate change has emerged as one of the most challenging environmental issues and has gained considerable attention worldwide. Greenhouse Gas (GHG) mitigation policies are needed to avoid the increasing risks of climate change on the environment, human health, and the economy. A wide variety of factors have an influence on the level of GHG emissions, and one of the most important factors is the production and consumption of energy. Energy systems have close relationships with a variety of economic and environmental activities. Therefore, to support effective GHG mitigation policy-making, advanced methodologies are needed to understand the entire system and simulate the multi-dimensional impacts and risks in Environmental and Economic systems. In this dissertation research, a set of models have been developed to facilitate the Environmental and Economic systems identification and simulation for GHG emissions management. The proposed models include: (a) an environmentally-extended input-output model with detailed disaggregation of energy sectors for life-cycle GHG emission intensities analysis, (b) a disaggregated ecologically-extended input-output model for integrated GHG emissions and emission relationships analysis, (c) a factorial ecologically-extended input-output model for urban GHG emissions metabolism system analysis, (d) an environmentally-extended input-output simulation model for production-based and consumption-based industrial GHG mitigation policy analysis, (e) a Saskatchewan-based computable general equilibrium model for economy-wide GHG mitigation policy analysis, and (f) a multi-dimensional hypothetical fuzzy risk simulation model for GHG mitigation analysis in socio-economic systems. The developed models have been applied to the Province of Saskatchewan, Canada to illustrate their applicability and advantages in system identification and simulation, and to provide decision support for GHG mitigation management. The major contributions of this research are the development of innovative models and a comprehensive approach for investigating complexities in Environmental and Economic systems to reveal the future risks of different GHG mitigation policies and trade-offs across multiple dimensions. The in-depth case study of the Province of Saskatchewan, Canada provides scientific support for the most desirable GHG mitigation policy development.
Author: Zheng Wang Publisher: Springer ISBN: 9811039453 Category : Business & Economics Languages : en Pages : 186
Book Description
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.
Author: S. DeCanio Publisher: Springer ISBN: 0230509460 Category : Political Science Languages : en Pages : 215
Book Description
The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. Yet the models used to derive those estimates are based on assumptions that have largely gone untested. The conventional approach embodies structural features that rule out alternative market outcomes. In addition, the distribution of 'climate rights' is crucial to determining the economic affects of various policies. Bringing these considerations to the forefront shows how domestic and international policy solutions might be found.
Author: National Research Council
Author: National Research Council
Author: National Research Council
Author: Justin Baker
Author: Rao Y. Surampalli
Author: Zili Yang
Author: John P. Weyant
Author: Anthony Bonen
Author: Lirong Liu
Author: Zheng Wang
Author: S. DeCanio