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Evaluation of post Kyoto GHG emission reduction paths

Author

Listed:
  • Ciscar, Juan Carlos
  • Paroussos, Leonidas
  • Van Regemorter, Denise

Abstract

Climate change has become a critical issue in the international policy making agenda. At the UNFCC conference in Bali 2007, countries decided on a roadmap to achieve a ‘secure climate future’. Given the commitment to limit the temperature increase to 2° Celsius relative to the preindustrial levels, the EU decided in March 2007, as a first step, a 20% reduction of its GHG emissions by 2020, going to 30% if a comprehensive international agreement can be reached. This study uses the multi-sector multi-region world model GEM-E3 in order to identify the world economic implications of different participation schemes for post Kyoto. The scenarios reported in this paper have contributed to the EU communication on ‘Limiting Global Change to 2° Celsius the way ahead to 2020 and beyond’.

Suggested Citation

  • Ciscar, Juan Carlos & Paroussos, Leonidas & Van Regemorter, Denise, 2009. "Evaluation of post Kyoto GHG emission reduction paths," MPRA Paper 18030, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:18030
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    File URL: https://mpra.ub.uni-muenchen.de/18030/2/MPRA_paper_18030.pdf
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    Cited by:

    1. Juan-Carlos Ciscar & Antonio Soria & Clare M. Goodess & Ole B. Christensen & Ana Iglesias & Luis Garrote & Marta Moneo & Sonia Quiroga & Luc Feyen & Rutger Dankers & Robert Nicholls & Julie Richards &, 2009. "Climate change impacts in Europe. Final report of the PESETA research project," JRC Working Papers JRC55391, Joint Research Centre (Seville site).

    More about this item

    Keywords

    Climate change; Computable general equilibrium modeling; Emission reduction;

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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