A Comparability Analysis of Global Burden Sharing GHG Reduction Scenarios

Juan-Carlos Ciscar, Bert Saveyn, Antonio Soria, Laszlo Szabo, Denise Van Regemorter and Tom Van Ierland
Additional contact information
Antonio Soria: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Laszlo Szabo: Corvinus University, Regional Centre for Energy Policy Research
Denise Van Regemorter: KU Leuven
Tom Van Ierland: DG Clima, European Commission

No JRC68856, JRC Research Reports from Joint Research Centre

Abstract: 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, population growth, and the GHG emission trend in the recent past. 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.

Keywords: International climate policy; GHG reduction; Copenhagen Accord; general equilibrium (search for similar items in EconPapers)
JEL-codes: C68 Q54 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2012-02
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: A comparability analysis of global burden sharing GHG reduction scenarios (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc68856

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