Data/hora: 13/06/2024 04:32:48

Provedor de dados: | 31
País: | United States
Título: | Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models
Autores: | Pizer,   William A.; Burtraw,   Dallas; Harrington,   Winston; Newell,   Richard G.; Sanchirico,   James N.
Data: | 2005-10-26
Ano: | 2005
Palavras-chave: | Carbon; Carbon dioxide; Climate change; Climate policy; General equilibrium model; Partial equilibrium model; Cost; Environmental Economics and Policy; Q25; D58; D61; Q48.
Resumo: | Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economywide policies. The current course of environment and energy policy debate in the United States, however, suggests an alternative outcome: inefficiently designed and/or sector-based policies. This paper uses a collection of specialized, sector-based models in conjunction with a computable general equilibrium model of the economy to examine and compare these policies at an aggregate level. We examine the relative cost of different policies designed to achieve the same quantity of emissions reductions. We find that excluding a limited number of sectors from an economywide policy does not significantly raise costs. Focusing policy solely on the electricity and transportation sectors doubles costs, however, and using nonmarket policies can raise costs by a factor of 10. These results are driven in part by, and are sensitive to, our modeling of preexisting tax distortions.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

18668

http://purl.umn.edu/10502

Editor: | AgEcon Search

Relação:

Resources for the Future&gt;Discussion Papers

Discussion Paper 05-08

Formato:

45

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