ID | 119786 |
Title Proper | Comparability analysis of global burden sharing GHG reduction scenarios |
Language | ENG |
Author | Ciscar, Juan-Carlos ; Saveyn, Bert ; Soria, Antonio ; Szabo, Laszlo |
Publication | 2013. |
Summary / Abstract (Note) | The distribution of the mitigation burden across countries is a key issue regarding the post-2012 global climate policies. This article explores the economic implications of alternative allocation rules, an assessment made in the run-up to the COP15 in Copenhagen (December 2009). We analyse the comparability of the allocations across countries based on four single indicators: GDP per capita, GHG emissions per GDP, GHG emission trends in the recent past, and population growth. The multi-sectoral computable general equilibrium model of the global economy, GEM-E3, is used for that purpose. Further, the article also compares a perfect carbon market without transaction costs with the case of a gradually developing carbon market, i.e. a carbon market with (gradually diminishing) transaction costs. |
`In' analytical Note | Energy Policy vol. , No.55; Apr 2013: p.73-81 |
Journal Source | Energy Policy vol. , No.55; Apr 2013: p.73-81 |
Key Words | Climate Policy ; Computable General Equilibrium Models ; Burden Sharing |