Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis
AbstractThe 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.
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Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 47 (2012)
Issue (Month): C ()
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Web page: http://www.elsevier.com/locate/enpol
Climate policy; Oil prices; Computable general equilibrium (CGE);
Other versions of this item:
- Helene Maisonnave & Jonathan Pycroft & Bert Saveyn & Juan Carlos CISCAR, 2012. "Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis," JRC-IPTS Working Papers JRC68858, Institute for Prospective and Technological Studies, Joint Research Centre.
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
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