The latest Renewable Energy Directive (RED II) by the European Union (EU) provides an updated framework for the use of renewable energy in the EU transport sector until 2030. We employ the computable general equilibrium (CGE) model DART-BIO for a scenario-based policy analysis and evaluate...

This paper quantifies the impact of climate change on agriculture in East Asian and South Asian countries using a CGE based energy model and the latest GTAP satellite energy database version 9. The rising temperature causes an adverse supply shock reducing the productivity of agricultural...

Carbon leakage arises when emission reductions in countries applying a carbon tax are offset, partially or completely, by emission increases in countries that do not apply the tax or any other greenhouse gas (GHG) mitigation policies. Analysis using the MAGNET computable general equilibrium...

The recent commodity boom was the longest and broadest of the post-World War II period. Although most prices have declined sharply since their mid-2008 peak, they are still considerably higher than 2003, the beginning of the boom. Apart from strong and sustained economic growth, the recent boom...

Meeting net-zero emissions targets requires major and ongoing reductions in the use of fossil fuels. We focus on the role of three key emitters in a large dimensional, 30 country/region energy and trade model, designated as GTAP-R, to meet minimal Paris Agreement targets, illustrating the path...