Although the Ricardian model is a cross sectional method, there are advantages to estimating the model with additional years of data. For instance, with a panel, one can more easily separate events in a single year (e.g. weather and price shocks) from longer term phenomenon such as climate. Many...

This paper examines the near- and the long-term contribution of regional and sectoral bioenergy use in response to both regionally diverse near-term policies and longer-term global climate change mitigation policies. The use of several models provides a source of heterogeneity in terms of...

This paper provides an introduction to the Special issue of Climate Change Economics containing twelve papers describing findings of the LIMITS project. These papers assess post 2020 climate policies aimed at achieving the 2°C target. The assessment is based on an ensemble of scenarios...

No abstract received.

Transitioning to a low-carbon economy will require significant investment to transform energy systems, alter the built environment and adapt infrastructure. A strategy to finance this investment is needed if the limit of a 2°C increase in global mean temperatures is to be respected. Also,...

This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion (all monetary values in this paper are given in 2005 US dollars...

This paper provides a novel and comprehensive model-based assessment of possible outcomes of the Durban Platform negotiations with a focus on emissions reduction requirements, the consistency with the 2°C target and global economic impacts. The Durban Platform scenarios investigated in the...

The feasibility of achieving climate stabilization consistent with the objective of 2°C is heavily influenced by how the effort in terms of mitigation and economic resources will be distributed among the major economies. This paper provides a multi-model quantification of the mitigation...