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GTAP Resources: Resource Display

GTAP Resource #7264

"Incorporating Critical Minerals into the GTAP Circular Economy Data Base"
by Chepeliev, Maksym


Abstract
Climate mitigation is widely recognized as one of the key transformational challenges faced by humanity. Acknowledging the need for more ambitious policies, in recent years many countries have increased the stringency of their mitigation pledges. Earlier studies have estimated that achieving ambitious climate mitigation targets will require and unprecedented expansion in renewable infrastructure and technologies, such as wind turbines, solar panels, batteries for electric vehicles, etc., lead to the growing demand for critical minerals, such as nickel, platinum group metals, zinc, rare earths, etc., which are essential inputs for the development of renewable energy systems. In this paper, we focus on enhancing the GTAP version 11 Data Base with additional sectoral details representing the critical minerals and selected downstream sectors. We consider introducing up to 12 key critical minerals in the GTAP Data Base, as well as several downstream sectors, such as solar panels, wind turbines and batteries (differentiated by type). Sectoral splits also include disaggregation of electric vehicles (EVs), differentiated by type (residential and commercial), out of the motor vehicles sector. The current study represents the first step in the broader set of activities, related to the assessment of the role of critical minerals in future climate policy efforts.


Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Version:
Created: Chepeliev, M. (4/14/2024)
Updated: Chepeliev, M. (6/8/2024)
Visits: 587
- Resources and circular economy
- GTAP Data Base and extensions
- Supply chains
- Not Applicable


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