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ID119786
Title ProperComparability analysis of global burden sharing GHG reduction scenarios
LanguageENG
AuthorCiscar, Juan-Carlos ;  Saveyn, Bert ;  Soria, Antonio ;  Szabo, Laszlo
Publication2013.
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 NoteEnergy Policy vol. , No.55; Apr 2013: p.73-81
Journal SourceEnergy Policy vol. , No.55; Apr 2013: p.73-81
Key WordsClimate Policy ;  Computable General Equilibrium Models ;  Burden Sharing