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The Costs of Reducing CO2 Emissions: A Comparison of Carbon Tax Curves with GREEN

Author

Listed:
  • Joaquim Oliveira Martins

    (OECD)

  • Jean-Marc Burniaux

    (OECD)

  • John P. Martin

    (OECD)

  • Giuseppe Nicoletti

    (OECD)

Abstract

This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised scenarios. This paper provides evidence of regional differences with respect to carbon tax curves through the middle of the next century. It also develops some analytical tools that can help to explain the main mechanisms at work in GREEN. Finally, it evaluates the welfare and output costs entailed in reduction emissions ... Ce document fait partie d'un project de l'OCDE qui s'interroge sur les coûts de réduction des émissions de CO2 en comparant les résultats de six modèles globaux formés d'un ensemble de scénarios standardisés de réduction. Cet étude met en évidence les différences régionales concernant des courbes de taxation du carbone jusqu'au milieu du siècle prochain. Un certain nombre de outils méthodologiques sont développés à cette fin qui peuvent expliquer les principaux mécanismes à l'oeuvre dans GREEN. Sont aussi évalués les coûts en termes de bien-être et de PIB associés à la réduction des émissions ...

Suggested Citation

  • Joaquim Oliveira Martins & Jean-Marc Burniaux & John P. Martin & Giuseppe Nicoletti, 1992. "The Costs of Reducing CO2 Emissions: A Comparison of Carbon Tax Curves with GREEN," OECD Economics Department Working Papers 118, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:118-en
    DOI: 10.1787/018813821426
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    Cited by:

    1. Fankhauser, Samuel & Kverndokk, Snorre, 1996. "The global warming game -- Simulations of a CO2-reduction agreement," Resource and Energy Economics, Elsevier, vol. 18(1), pages 83-102, March.
    2. Klepper, Gernot & Lorz, Jens Oliver & Stähler, Frank & Thiele, Rainer & Wiebelt, Manfred, 1993. "Empirische allgemeine Gleichgewichts-Modelle: Struktur und Anwendungsmöglichkeiten," Kiel Working Papers 595, Kiel Institute for the World Economy (IfW Kiel).
    3. Alan A. Powell & Maureen T. Rimmer, 1998. "The Nested Binary CES Composite Production Function: CRTS with different (but constant) pair-wise elasticities of substitution among three factors," Centre of Policy Studies/IMPACT Centre Working Papers op-89, Victoria University, Centre of Policy Studies/IMPACT Centre.
    4. Saunders, Caroline M. & Roningen, Vernon O., 2001. "Trade And The Environment. Linking A Partial Equilibrium Trade Model With Production Systems And Their Environmental Consequences," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14552, International Agricultural Trade Research Consortium.
    5. Richels, Richard & Sturm, Peter, 1996. "The costs of CO2 emission reductions : Some insights from global analyses," Energy Policy, Elsevier, vol. 24(10-11), pages 875-887.
    6. Chandler, William U & Evans, Meredydd & Kolesov, Alexander, 1996. "Climate change mitigation : A review of cost estimates and methodologies for the post-planned economies," Energy Policy, Elsevier, vol. 24(10-11), pages 927-935.
    7. Berg, Elin & Kverndokk, Snorre & Rosendahl, Knut Einar, 2002. "Oil Exploration under Climate Treaties," Journal of Environmental Economics and Management, Elsevier, vol. 44(3), pages 493-516, November.
    8. Alan A. Powell, 1993. "Integrating Econometric and Environmetric Modelling," Centre of Policy Studies/IMPACT Centre Working Papers g-102, Victoria University, Centre of Policy Studies/IMPACT Centre.
    9. Jaeger, William K., 1995. "The welfare cost of a global carbon tax when tax revenues are recycled," Resource and Energy Economics, Elsevier, vol. 17(1), pages 47-67, May.
    10. Camilla Froyn & H. Aaheim, 2004. "Sectoral Opposition to Carbon Taxes in the EU – a Myopic Economic Approach," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 4(3), pages 279-302, September.
    11. K. Fisher-Vanden, 1997. "International Policy Instrument Prominence in the Climate Change Debate: A Case Study of the United States," Working Papers ir97033, International Institute for Applied Systems Analysis.
    12. Jean-Marc Burniaux & Joaquim Oliveira Martins, 1992. "Effet de serre et relations Nord-Sud," Économie et Statistique, Programme National Persée, vol. 258(1), pages 55-68.
    13. Foders, Federico, 1993. "Energy policy in transitional economies: The case of Bulgaria," Kiel Discussion Papers 223, Kiel Institute for the World Economy (IfW Kiel).
    14. Hackl, Franz & Pruckner, Gerald J., 2003. "How global is the solution to global warming?," Economic Modelling, Elsevier, vol. 20(1), pages 93-117, January.
    15. Maddison, David, 1995. "A cost-benefit analysis of slowing climate change," Energy Policy, Elsevier, vol. 23(4-5), pages 337-346.

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