EconPapers    
Economics at your fingertips  
 

Economic structure and strategies for greenhouse gas mitigation

Erin S. Minihan and Ziping Wu

Energy Economics, 2012, vol. 34, issue 1, 350-357

Abstract: Greenhouse gas (GHG) emission mitigation policy impacts the economic system directly in the short-term by altering relative prices and indirectly in the long-term by shifting the structure of the economy. There may also be adjustments to economic structure independent of policy intervention due to changes in population, consumption patterns, and global markets. The overall effectiveness of specific mitigation policy will partly depend on these indirect and exogenous changes to economic structure. This study develops a new measure linking economic development with its environmental effects. The technical cost of GHG mitigation under economic growth in an economy is calculated by combining traditional input-output (IO) analysis and a linear programming based sensitivity analysis. The approach is applied to Northern Ireland (NI), producing an isoemission matrix that maps emission-neutral expansion paths for the economy. The measurement provides an indicator of the demand for technical improvement to achieve GHG mitigation at a national or regional level. The flexibility and transparency of the approach make it useful for evaluating potential GHG mitigation strategies.

Keywords: GHG mitigation; IO analysis; Linear programming; Isoemission matrix; Technical cost; Northern Ireland (search for similar items in EconPapers)
JEL-codes: Q53 Q56 Q58 C61 C67 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0140988311001162
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:34:y:2012:i:1:p:350-357

DOI: 10.1016/j.eneco.2011.05.011

Access Statistics for this article

Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Haili He ().

 
Page updated 2021-01-23
Handle: RePEc:eee:eneeco:v:34:y:2012:i:1:p:350-357