IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/332637.html
   My bibliography  Save this paper

Defining deep decarbonization pathways for Switzerland: An economic evaluation based on the Computable General Equilibrium Model GEMINI-E3

Author

Listed:
  • Babonneau, Frédéric
  • Thalmann, Philippe
  • Vielle, Marc

Abstract

This paper presents the Swiss contribution to the Deep Decarbonization Pathways (DDP) project which is an international collaborative initiative aiming at understanding and showing how individual countries might define a roadmap paving the way to reaching a low carbon economy and how the world can keep global mean temperature increase below 2°C. The Swiss analysis relies on macro-economic simulations of GEMINI-E3, a computable general equilibrium model used to assess the energy and economic impacts of a Swiss low carbon society. The DDP scenarios assume a CO2 emissions target of 1 ton per Swiss inhabitant following the Swiss climate target which represents a 76% abatement with respect to 1990 levels. The paper discusses several options/scenarios compatible with this emissions target that appears to be quite challenging. The scenarios are compared to a reference scenario which assumes that Switzerland will reach a 20% reduction of CO2 emissions relative to 1990 levels, using instruments that have already been defined (buildings refurbishment program, regulation on CO2 emission for new cars, CO2 tax on stationary fuels, Swiss ETS market).

Suggested Citation

  • Babonneau, Frédéric & Thalmann, Philippe & Vielle, Marc, 2015. "Defining deep decarbonization pathways for Switzerland: An economic evaluation based on the Computable General Equilibrium Model GEMINI-E3," Conference papers 332637, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:332637
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/332637/files/7284.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christoph Böhringer & André Müller, 2014. "Environmental Tax Reforms in Switzerland: A Computable General Equilibrium Impact Analysis," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 150(I), pages 1-21, March.
    2. 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.
    3. Wing, Ian Sue, 2006. "The synthesis of bottom-up and top-down approaches to climate policy modeling: Electric power technologies and the cost of limiting US CO2 emissions," Energy Policy, Elsevier, vol. 34(18), pages 3847-3869, December.
    4. John Weyant & Brigitte Knopf & Enrica De Cian & Ilkka Keppo & Detlef P. van Vuuren, 2013. "Introduction To The Emf28 Study On Scenarios For Transforming The European Energy System," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 4(supp0), pages 1-3.
    5. Matthias Finkenrath, 2011. "Cost and Performance of Carbon Dioxide Capture from Power Generation," IEA Energy Papers 2011/5, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Philippe Thalmann & Marc Vielle, 2019. "Lowering CO2 emissions in the Swiss transport sector," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 155(1), pages 1-12, December.
    2. Frédéric Babonneau & Alain Haurie & Marc Vielle, 2016. "Assessment of balanced burden-sharing in the 2050 EU climate/energy roadmap: a metamodeling approach," Climatic Change, Springer, vol. 134(4), pages 505-519, February.
    3. Labriet, Maryse & Drouet, Laurent & Vielle, Marc & Loulou, Richard & Kanudia, Amit & Haurie, Alain, 2015. "Assessment of the Effectiveness of Global Climate Policies Using Coupled Bottom-up and Top-down Models," Climate Change and Sustainable Development 199946, Fondazione Eni Enrico Mattei (FEEM).
    4. Camille Gonseth & Philippe Thalmann & Marc Vielle, 2017. "Impacts of Global Warming on Energy Use for Heating and Cooling with Full Rebound Effects in Switzerland," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(4), pages 341-369, October.
    5. André Sceia & Juan-Carlos Altamirano-Cabrera & Marc Vielle & Nicolas Weidmann, 2012. "Assessment of Acceptable Swiss post-2012 Climate Policies," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 347-380, June.
    6. Marc Vielle & Alain L. Bernard, 1998. "Un exemple d'utilisation : le coût de politiques de réduction des gaz à effet de serre," Économie et Prévision, Programme National Persée, vol. 136(5), pages 33-48.
    7. Bohlmann, H.R. & Horridge, J.M. & Inglesi-Lotz, R. & Roos, E.L. & Stander, L., 2019. "Regional employment and economic growth effects of South Africa’s transition to low-carbon energy supply mix," Energy Policy, Elsevier, vol. 128(C), pages 830-837.
    8. Cai, Yiyong & Newth, David & Finnigan, John & Gunasekera, Don, 2015. "A hybrid energy-economy model for global integrated assessment of climate change, carbon mitigation and energy transformation," Applied Energy, Elsevier, vol. 148(C), pages 381-395.
    9. Dai, Hancheng & Mischke, Peggy & Xie, Xuxuan & Xie, Yang & Masui, Toshihiko, 2016. "Closing the gap? Top-down versus bottom-up projections of China’s regional energy use and CO2 emissions," Applied Energy, Elsevier, vol. 162(C), pages 1355-1373.
    10. Sebastian Rausch & Valerie J. Karplus, 2014. "Markets versus Regulation: The Efficiency and Distributional Impacts of U.S. Climate Policy Proposals," The Energy Journal, , vol. 35(1_suppl), pages 199-228, June.
    11. Jeffrey C. Peters & Thomas W. Hertel, 2017. "Achieving the Clean Power Plan 2030 CO2 Target with the New Normal in Natural Gas Prices," The Energy Journal, International Association for Energy Economics, vol. 0(Number 5).
    12. Julien Lefevre, 2018. "Modeling the Socioeconomic Impacts of the Adoption of a Carbon Pricing Instrument – Literature review," CIRED Working Papers hal-03128619, HAL.
    13. Eide, Jan & de Sisternes, Fernando J. & Herzog, Howard J. & Webster, Mort D., 2014. "CO2 emission standards and investment in carbon capture," Energy Economics, Elsevier, vol. 45(C), pages 53-65.
    14. Standardi, Gabriele & Cai, Yiyong & Yeh, Sonia, 2017. "Sensitivity of modeling results to technological and regional details: The case of Italy's carbon mitigation policy," Energy Economics, Elsevier, vol. 63(C), pages 116-128.
    15. Kiuila, O. & Rutherford, T.F., 2013. "Piecewise smooth approximation of bottom–up abatement cost curves," Energy Economics, Elsevier, vol. 40(C), pages 734-742.
    16. Marie Renner, 2014. "Carbon prices and CCS investment: comparative study between the European Union and China," Working Papers 1402, Chaire Economie du climat.
    17. Nemet, Gregory F. & Baker, Erin & Jenni, Karen E., 2013. "Modeling the future costs of carbon capture using experts' elicited probabilities under policy scenarios," Energy, Elsevier, vol. 56(C), pages 218-228.
    18. William Wills & Emilio Lebre La Rovere & Carolina Grottera & Giovanna Ferrazzo Naspolini & Gaëlle Le Treut & F. Ghersi & Julien Lefèvre & Carolina Burle Schmidt Dubeux, 2022. "Economic and social effectiveness of carbon pricing schemes to meet Brazilian NDC targets," Post-Print hal-03500923, HAL.
    19. Picotti, G. & Borghesani, P. & Cholette, M.E. & Manzolini, G., 2018. "Soiling of solar collectors – Modelling approaches for airborne dust and its interactions with surfaces," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2343-2357.
    20. Abrell, Jan & Kosch, Mirjam & Rausch, Sebastian, 2019. "Carbon abatement with renewables: Evaluating wind and solar subsidies in Germany and Spain," Journal of Public Economics, Elsevier, vol. 169(C), pages 172-202.

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:332637. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.