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This paper offers a critical review of modeling practice in the field of integrated assessment of climate change and ways forward. Past efforts in integrated assessment have concentrated on developing baseline trajectories of emissions and mitigation scenario analyses. A key missing component in...
Persistent link: https://www.econbiz.de/10010634440
We assess the future of coal under alternative climate stabilization regimes, investigating how the quantity and location of future coal production, trade and use depends upon five factors: the supply-side constraint of resource depletion, diversification and deepening of international trade,...
Persistent link: https://www.econbiz.de/10011000192
Key limitations of integrated assessment models (IAMs) are their highly stylized and aggregated representation of climate damages and associated economic responses, as well as the omission of specific investments related to climate change adaptation. This paper proposes a framework for modeling...
Persistent link: https://www.econbiz.de/10010634447
Climate stabilization efforts must integrate the actions of many socio-economic sectors to be successful in meeting climate stabilization goals, such as limiting atmospheric carbon dioxide (CO<Subscript>2</Subscript>) concentration to be less than double the pre-industrial levels. Estimates of the costs and benefits...</subscript>
Persistent link: https://www.econbiz.de/10011152129