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A comparability analysis of global burden sharing GHG reduction scenarios

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  • Ciscar, Juan-Carlos
  • Saveyn, Bert
  • Soria, Antonio
  • Szabo, Laszlo
  • Van Regemorter, Denise
  • Van Ierland, Tom

Abstract

The distribution of the mitigation burden across countries is a key issue regarding the post-2012 global climate policies. This article explores the economic implications of alternative allocation rules, an assessment made in the run-up to the COP15 in Copenhagen (December 2009). We analyse the comparability of the allocations across countries based on four single indicators: GDP per capita, GHG emissions per GDP, GHG emission trends in the recent past, and population growth. The multi-sectoral computable general equilibrium model of the global economy, GEM-E3, is used for that purpose. Further, the article also compares a perfect carbon market without transaction costs with the case of a gradually developing carbon market, i.e. a carbon market with (gradually diminishing) transaction costs.

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  • Ciscar, Juan-Carlos & Saveyn, Bert & Soria, Antonio & Szabo, Laszlo & Van Regemorter, Denise & Van Ierland, Tom, 2013. "A comparability analysis of global burden sharing GHG reduction scenarios," Energy Policy, Elsevier, vol. 55(C), pages 73-81.
    • Handle: RePEc:eee:enepol:v:55:y:2013:i:c:p:73-81
    DOI: 10.1016/j.enpol.2012.10.044
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    7. Lejla Terzić, 2023. "Why is the transition to a green economy important for achieving sustainability? A review of some theoretical approaches and empirical research presented in the literature," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 307-332.
    8. Tsai, Miao-Shan & Chang, Ssu-Li, 2015. "Taiwan’s 2050 low carbon development roadmap: An evaluation with the MARKAL model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 178-191.
    9. Bai, Caiquan & Liu, Hangjuan & Zhang, Rongjie & Feng, Chen, 2023. "Blessing or curse? Market-driven environmental regulation and enterprises' total factor productivity: Evidence from China's carbon market pilots," Energy Economics, Elsevier, vol. 117(C).
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    11. Bollen, Johannes, 2015. "The value of air pollution co-benefits of climate policies: Analysis with a global sector-trade CGE model called WorldScan," Technological Forecasting and Social Change, Elsevier, vol. 90(PA), pages 178-191.
    12. Cai, Liya & Luo, Ji & Wang, Minghui & Guo, Jianfeng & Duan, Jinglin & Li, Jingtao & Li, Shuo & Liu, Liting & Ren, Dangpei, 2023. "Pathways for municipalities to achieve carbon emission peak and carbon neutrality: A study based on the LEAP model," Energy, Elsevier, vol. 262(PB).
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    14. Rodríguez-Benavides, Domingo & Andrés-Rosales, Roldán & Álvarez-García, José & Bekun, Festus Víctor, 2024. "Convergence of clubs between per capita carbon dioxide emissions from fossil fuels and cement production," Energy Policy, Elsevier, vol. 186(C).

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    More about this item

    Keywords

    Climate policy; Computable general equilibrium models; Burden sharing;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

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