GTAP Resources: Resource Display
GTAP Resource #6605 |
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"Economic resilience in the low-carbon transition: a CGE analysis of climate policies beyond carbon pricing" by Fouré, Jean, Elisa Lanzi and Filippo Pavanello Abstract 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. |
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- Climate change policy - Government austerity |
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Public Access Presentation (1.1 MB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions Preliminary, please do not cite |
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Last Modified: 9/15/2023 1:05:45 PM