Showing 1 - 10 of 41
This paper is motivated by the rising interest in assessing the effect of disruptions in resources and environmental conditions on economic growth. Such an assessment requires, ultimately, the use of truly integrated models of the climate and economic systems. For these purposes, we have...
Persistent link: https://www.econbiz.de/10010691388
This paper examines the consequences of various attitudes towards climate damages through a family of stochastic optimal control models (RESPONSE): cost-efficiency for a given temperature ceiling; cost-benefit analysis with a "pure preference for current climate regime" and full cost-benefit...
Persistent link: https://www.econbiz.de/10008792735
Many economic sectors, like housing or transportation, are exposed to climate and likely to suffer efficiency losses when climate changes. The global economy is far from dematerialized yet, these sectors represent a significant fraction of the existing capital stock. Using an optimal growth...
Persistent link: https://www.econbiz.de/10010820619
This paper offers a comprehensive description of the integrated assessment model (IAM) RESPONSE developed at CIRED. RESPONSE aims at providing a consistent framework to appraise alternative modelling choices made by the main existing IAMs. It is designed as a flexible tool able to take different...
Persistent link: https://www.econbiz.de/10010738988
This paper offers a comprehensive description of the integrated assessment model (IAM) RESPONSE developed at CIRED. RESPONSE aims at providing a consistent framework to appraise alternative modelling choices made by the main existing IAMs. It is designed as a flexible tool able to take different...
Persistent link: https://www.econbiz.de/10010723326
This paper studies uncertainty about the non-linearity of climate change impact. The DIAM 2.3 model is used to compute the sensitivity of optimal CO2 emissions paths with respect to damage function parameters. This builds upon results of the EMF-14 uncertainty subgroup study by explicitly...
Persistent link: https://www.econbiz.de/10008790869
The scientific community is now developing a new set of scenarios, referred to as Shared Socio-economic Pathways (SSPs) that will be contrasted along two axes: challenges to mitigation, and challenges to adaptation. This paper proposes a methodology to develop SSPs with a "backwards" approach...
Persistent link: https://www.econbiz.de/10010820726
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...
Persistent link: https://www.econbiz.de/10010821062
Climate change damage assessments are commonly based on long term growth models that neglect disequilibrium processes, assumed to be transient over short periods. This thesis highlights, from a set of modelling exercises, how important the short-term transients and the endogenous economic...
Persistent link: https://www.econbiz.de/10010821556
La méthode des analogues climatiques consiste à déterminer un endroit doté aujourd'hui d'un climat comparable à celui que l'on prédit à la fin du siècle. Ce travail représente ainsi ce que signifie le changement climatique pour Paris et 8 autres grandes villes européennes. Dans le...
Persistent link: https://www.econbiz.de/10010821561