In this paper we present some numerical simulations with the MacGEM model to evaluate the consequences of the recent Marrakesh agreements and the defection of the USA for the Kyoto Protocol. MacGEM is a global marginal abatement cost model for carbon emissions from fossil fuel use based on the...

In this paper we present some numerical simulations with the MacGEM model to evaluate the consequences of the recent Marrakesh agreements and the defection of the USA for the Kyoto Protocol. MacGEM is a global marginal abatement cost model for carbon emissions from fossil fuel use based on the...

This report documents the JRC/IPTS modelling activities of the 2009 European Commission Communication "Towards a comprehensive climate change agreement in Copenhagen", which establishes the EU's position in the Copenhagen negotiations. According to the POLES model, the estimated global direct...

The PESETA research project integrates a set of high-resolution climate change projections and physical models into an economic modelling framework to quantify the impacts of climate change on vulnerable aspects of Europe. Four market impact categories are considered (agriculture, river floods,...

GDP and employment effects of climate policyCGEGDP and employment effects of climate policy

Computable general equilibrium (CGE) models are regularly used for assessing the impacts of environmental policies on the economy. This article applies this methodology for global climate policy using the world GEM-E3 CGE model. An emissions reduction scenario meeting the EU 2 degrees target is...

The objective of this study is twofold: first to analyze how the implementation of the EU energy tax policies will affect the EU and its Member States and secondly to analyze how energy tax policies can contribute to climate policy objectives in the enlarged EU.

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...