The feedback based integrated assessment model ANEMI represents the society-biosphereclimate- economy-energy system of the earth and biosphere. The development of ANEMI model is done using the system dynamics simulation approach that (a) allows understanding and modeling of complex global change...

With high reliance on light-duty vehicles in the present, the future of global transportation system is also geared towards private modes, which has significant energy and emission implications. Public transportation has been argued as an alternative strategy for meeting the rising...

This paper considers the extent and usefulness of the existing empirical literature on water supply, demand, and adaptation to climate change for incorporation into integrated assessment modeling efforts. We review the existing literature on the likely economic impacts of climate change, acting...

Our paper explores the implication of climate mitigation policy and electricity generation technology performance for capital investment demands by the electric power sector on near term to century time scales. We find that stabilizing GHG emissions will require additional investment in the...

The optimal pollution abatement levels are found by maximizing global social welfare in a permits trade system under the constraint that environmental goods are evaluated equally in rich and poor countries. Evaluating equally environmental goods in poor and rich countries makes possible to build...

Three potential future scenarios of expanded global biofuel production are presented here utilizing the GCAM integrated assessment model. These scenarios span a range that encompasses on the low end a continuation of existing biofuel production policies to two scenarios that would require an...

With increasing population, income, and urbanization, meeting the energy service demands for the building sector will be a huge challenge for Indian energy policy. Although there is broad consensus that the Indian building sector will grow and evolve over the coming century, there is little...

The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along three dimensions - time, space, and lead-time....

Common integrated assessment models produce the counterintuitive result that higher risk aversion does not lead to stronger near-term abatement. This paper re-examines this result with a DICE model that is fully coupled with a thermohaline circulation model. It also features Epstein-Zin utility...

We use the ReMIND-R model to analyze the role of Asia in the context of a global effort to mitigate climate change. We introduce a novel method of secondary energy based mitigation shares, which allows us to quantify the economic mitigation potential of technologies in different regions and...