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GTAP Resource #6605

"Economic resilience in the low-carbon transition: a CGE analysis of climate policies beyond carbon pricing"
by Fouré, Jean, Elisa Lanzi and Filippo Pavanello

This paper aims to provide an overview of the implications of low-carbon transition on investment and public finance using a general equilibrium approach. The OECD ENV-Linkages model is used to build a net-zero emission scenario by the second half of the 21st century, as well as a moderate climate action scenario. The low-carbon scenarios presented in this paper rely on the latest World Energy Outlook net-zero emission scenario to evaluate the investments and structural changes required. The scenario includes a set of policy options to achieve CO2-neutrality, which comprises carbon taxes and cap-and-trade systems, but also subsidies, public investment or regulatory instruments. Each of these instruments have different implications on public finance.

Resource Details (Export Citation) GTAP Keywords
Category: 2022 Conference Paper
Status: Not published
By/In: Presented during the 25th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2022
Version: 1
Created: Fouré, J. (4/15/2022)
Updated: Fouré, J. (6/7/2022)
Visits: 637
- Climate change policy
- Government austerity

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