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Towards a Better Understanding of Disparities in Scenarios of Decarbonization: Sectorally Explicit Results from the RECIPE Project AgEcon
Luderer, Gunnar; Bosetti, Valentina; Jakob, Michael; Steckel, Jan; Waisman, Henri; Edenhofer, Ottmar.
This paper presents results from a model intercomparison exercise among regionalized global energy-economy models conducted in the context of the RECIPE project. The economic adjustment effects of long-term climate policy aiming at stabilization of atmospheric CO2 concentrations at 450 ppm are investigated based on the cross-comparison of the intertemporal optimization models REMIND-R and WITCH as well as the recursive dynamic computable general equilibrium model IMACLIM-R. The models applied in the project differ in several respects and the comparison exercise tracks differences in the business as usual forecasts as well as in the mitigation scenarios to conceptual differences in the model structures and assumptions. In particular, the models have...
Tipo: Working or Discussion Paper Palavras-chave: Decarbonization; Energy and Climate Policy; Environmental Economics and Policy; Q48; Q58.
Ano: 2009 URL: http://purl.umn.edu/56210
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