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GTAP Resource #6295

"Towards a low-emissions economy: The role of abatement targets and carbon taxes"
by Botero García, Jesús Alonso, Marcos Gonzalez-Auhing and Álvaro Hurtado Rendón

In 2015, 192 countries signed the Paris Agreement to reduce greenhouse gasesand maintaining the temperature below 2º Celsius by the year 2030. Hence,governments have implemented or will implement various mechanisms to re-duce GHG emissions. In the present work, we developed a CGE model withmechanisms to reduce Greenhouse Gas (GHG) emissions such as abatementtarget and carbon taxes, and we implemented the model for Colombia. Forboth mechanisms, 22% of emission could be reduced compared to the 2030baseline. However, it represented a 0.8% reduction in the GDP and also un-employment rate would raise aboout 2%

Resource Details (Export Citation) GTAP Keywords
Category: 2021 Conference Paper
Status: Not published
By/In: Presented during the 24th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2021
Created: Gonzalez-Auhing, M. (4/15/2021)
Updated: Gonzalez-Auhing, M. (6/24/2021)
Visits: 353
- Climate change policy
- Climate impacts
- Economic growth

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