Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis

Hélène Maisonnave, Jonathan Pycroft, Bert Saveyn and Juan-Carlos Ciscar

Energy Policy, 2012, vol. 47, issue C, 172-179

Abstract: The European Union has committed itself to reduce greenhouse gas (GHG) emissions by 20% in 2020 compared with 1990 levels. This paper investigates whether this policy has an additional benefit in terms of economic resilience by protecting the EU from the macroeconomic consequences due to an oil price rise.

Keywords: Climate policy; Oil prices; Computable general equilibrium (CGE) (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Working Paper: Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis (2012)
Working Paper: Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:47:y:2012:i:c:p:172-179

DOI: 10.1016/j.enpol.2012.04.053

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