Economics at your fingertips  

Costs of greenhouse gas abatement: meta-analysis of post-SRES mitigation scenarios

Terry Barker, Jonathan Köhler and Marcelo Villena

Environmental Economics and Policy Studies, 2002, vol. 5, issue 2, 135-166

Abstract: Economic analyses have produced widely differing estimates of the economic implications of policies for greenhouse gas (GHG) mitigation, ranging from high costs to modest benefits. The main reason for the differences appears to be differences in approaches and assumptions. This paper analyzes the extent to which the post-SRES 1 (after the IPCC Special Report on Emissions Scenarios) model results for the global costs of GHG mitigation can be explained by the model’s characteristics and the assumptions adopted. The research applies meta-analysis methodology combined with scatter plots of the data to identify the ranges of the results and outlying data points. A database of scenarios and results was compiled for the post-SRES scenarios, which has the major advantage that all seven models for which suitable data are available have been run using the same, independently defined scenarios. The results are strongly clustered, with only a few results outside the range of −4% to 0% gross domestic product (GDP), with a strong correlation between CO 2 reduction and GDP reduction. A set of model characteristics is found to be highly significant (1% level), explaining some 70% of the variance. The main conclusion is that all modeling results regarding “GDP costs of mitigating climate change” should be qualified by the key assumptions leading to the estimates. The treatment of these assumptions can lead to the mitigation being associated with increases in GDP or with reductions. Copyright Springer Japan 2002

Keywords: GHG policy models; Post-SRES scenarios; Model comparisons (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from
http://www.springer. ... mental/journal/10018

DOI: 10.1007/BF03354027

Access Statistics for this article

Environmental Economics and Policy Studies is currently edited by Ken-Ichi Akao

More articles in Environmental Economics and Policy Studies from Springer, Society for Environmental Economics and Policy Studies - SEEPS Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2020-05-05
Handle: RePEc:spr:envpol:v:5:y:2002:i:2:p:135-166