A comparability analysis of global burden sharing GHG reduction scenarios

Juan-Carlos Ciscar, Bert Saveyn, Antonio Soria, László Szabó, Denise Van Regemorter and Tom Van Ierland

Energy Policy, 2013, vol. 55, issue C, 73-81

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, 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.

Keywords: Climate policy; Computable general equilibrium models; Burden sharing (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (13)

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Working Paper: A Comparability Analysis of Global Burden Sharing GHG Reduction Scenarios (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:55:y:2013:i:c:p:73-81

DOI: 10.1016/j.enpol.2012.10.044

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