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Multi-Gas Mitigation Analysis by IPAC

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  • Kejun Jiang
  • Xiulian Hu
  • Zhu Songli

Abstract

By recognizing the importance of non-CO2 gases mitigation for climate change abatement, modeling study for multi-gas scenarios was conducted by using IPAC model. This is also part of EMF-21 study for comparing the cost for CO2 mitigation and multi-gas mitigation. The main objective of this analysis is to evaluate the international potential and costs of non-CO2 greenhouse gas abatement. Three scenarios were defined by EMF-21 study including modeler reference, CO2 only mitigation scenario and multi-gas mitigation scenario. By comparing the results for the three scenarios, it is found that there is quite large potential for non-CO2 mitigation potential. Multi-gas mitigation policies could have lower cost compared with CO2 only mitigation policies. In order to reach same mitigation target level of GHG emission, there could be 30% lower carbon tax rate for multi-gas mitigation, and therefore GDP loss could be reduced by 23% in 2100. Multi-gas mitigation could give less pressure for energy system to transform.

Suggested Citation

  • Kejun Jiang & Xiulian Hu & Zhu Songli, 2006. "Multi-Gas Mitigation Analysis by IPAC," The Energy Journal, , vol. 27(3_suppl), pages 425-440, December.
    • Handle: RePEc:sae:enejou:v:27:y:2006:i:3_suppl:p:425-440
    DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI3-22
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