Impact des politiques climatiques sur le prix du carbone et les marchés de l'énergie
Based on simulations of the POLES model, this paper aims to analyse the interactions between policies to stabilize greenhouse gas concentrations in the atmosphere and the fundamentals of the world oil market. The « carbon value » is the modeling device that reflects the relative harshness of climate policies. It represents the signal that triggers socially responsible investments addressing the climate challenge, ie greenhouse gas abatement investments. We compare a Reference energy scenario and a scenario of emission reductions by a factor four in industrialized countries by 2050. The results show that very ambitious climate policies allow both to mitigate climate change and to manage the depletion of world oil resources.
|Date of creation:||Mar 2006|
|Publication status:||Published in Revue d'économie financière, AEF, 2006, p. 91-113|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00006165|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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