Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #6067

"Carbon Pricing after Paris: Overview of Results from EMF 36"
by Böhringer, Christoph, Sonja Peterson, Jan Schneider and Malte Winkler

Anthropogenic climate change is one of the most important global challenges. The Paris agreement of 2015 is the central international agreement to deal with this challenge. Against this background, a multi-model study in the context of the Energy Modeling Forum (EMF) is conducted with the objective of providing a thorough economic impacts assessment for the implementation of national greenhouse gas emission reduction targets that countries submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in the context of the Paris agreement as their Nationally Determined Contributions (NDCs). The analysis is based on a systematic cross-comparison of around 15 internationally established energy-economy models. Carbon pricing is commonly regarded as a central policy instrument to meet the Paris targets at relatively low costs and is at the core of the analyzed scenarios.

The analysis focuses on two key aspects of future climate policies: First, the global and regional economic cost of implementing NDCs, as well as implications of different degrees of international cooperation and coalition building; Second, the incidence of carbon pricing on the household level for different carbon prices and different policy designs.

The first round of results indicates substantial variation in results across models, hinting at the great significance of differing calibration procedures to hit the streamlined baselines, in particular w.r.t. explicit and implicit CO2 prices, energy prices, and key elasticity parameters.

Resource Details (Export Citation) GTAP Keywords
Category: 2020 Conference Paper
Status: Published
By/In: Presented during the 23rd Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2020
Version: 1
Created: Schneider, J. (4/15/2020)
Updated: Schneider, J. (6/17/2020)
Visits: 1,770
- Baseline development
- Climate change policy

If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.

Public Access
  File format Paper  (47.2 KB)   Replicated: 0 time(s)
  File format Presentation  (878.6 KB)   Replicated: 0 time(s)

Restricted Access
No documents have been attached.

Special Instructions
No instructions have been specified.

Comments (0 posted)
You must log in before entering comments.

No comments have been posted.