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Burden Sharing Within a Multi-Gas Strategy

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  • Alain Bernard, Marc Vielle and Laurent Viguier

Abstract

The purpose of this paper is to assess and compare regional welfare costs associated with alternative multi-gas strategies for a stabilization of global greenhouse gases (GHG) emissions in the long run. Mitigation costs of non-CO2 greenhouse gases are integrated into a multi-region multi-country CGE model of the world economy. Calibrations are based on GHG emissions projections from, and marginal abatement cost curves provided by, the EMF21 working group for the six greenhouse gases. We find that the introduction of non-CO2 GHGs in the mitigation strategy reduces significantly the welfare cost of a long term emissions stabilization policy but that benefits vary across regions. We also find that the various possible rules of emission quotas allocation may have large effects on the burden sharing among regions.

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  • Alain Bernard, Marc Vielle and Laurent Viguier, 2006. "Burden Sharing Within a Multi-Gas Strategy," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 289-304.
  • Handle: RePEc:aen:journl:2006se_weyant-a14
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    References listed on IDEAS

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    1. Criqui, Patrick & Mima, Silvana & Viguier, Laurent, 1999. "Marginal abatement costs of CO2 emission reductions, geographical flexibility and concrete ceilings: an assessment using the POLES model," Energy Policy, Elsevier, vol. 27(10), pages 585-601, October.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
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    1. Alain Bernard & Marc Vielle, 2008. "GEMINI-E3, a general equilibrium model of international–national interactions between economy, energy and the environment," Computational Management Science, Springer, vol. 5(3), pages 173-206, May.
    2. Vielle, Marc & Viguier, Laurent, 2007. "On the climate change effects of high oil prices," Energy Policy, Elsevier, vol. 35(2), pages 844-849, February.
    3. Carlo Giupponi & Francesco Bosello & Barbara Buchner & Jacopo Crimi & Andrea Povellato, 2007. "The Kyoto Protocol and the Effect of Existing and Planned Measures in the Agricultural and Forestry Sector in the EU25," Working Papers 2007.13, Fondazione Eni Enrico Mattei.
    4. Sigit Perdana & Marc Vielle & Maxime Schenckery, 2022. "European Economic impacts of cutting energy imports from Russia : A computable general equilibrium analysis," Post-Print hal-03887431, HAL.
    5. Kuik, Onno & Brander, Luke & Tol, Richard S.J., 2009. "Marginal abatement costs of greenhouse gas emissions: A meta-analysis," Energy Policy, Elsevier, vol. 37(4), pages 1395-1403, April.
    6. Samuel Carrara & Giacomo Marangoni, 2013. "Non-CO2 greenhouse gas mitigation modeling with marginal abatement cost curv es: technical change, emission scenarios and policy costs," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(1), pages 91-124.
    7. Halkos, George & Tzeremes, Nickolaos & Kourtzidis, Stavros, 2014. "Abating CO2 emissions in the Greek energy and industry sectors," MPRA Paper 60807, University Library of Munich, Germany.
    8. Samuel Carrara & Giacomo Marangoni, 2013. "Non-CO2 Greenhouse Gas Mitigation Modeling with Marginal Abatement Cost Curves: Technical Change, Emission Scenarios and Policy Costs," Working Papers 2013.110, Fondazione Eni Enrico Mattei.

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