During the last decade the Spanish energy system has become more energy and carbon intensive, and more dependent on external energy resources. The regulation of the electricity market has significantly changed. Two scenarios for the 2030 time horizon are analysed with the POLES-Spain energy...

The main goal of the article is to estimate Armington elasticities of the energy and energy-intensive sectors of the GEM-E3 computable general equilibrium model. The model follows the standard two-stage budget optimisation of the consumer by first optimising between domestically produced and...

The distribution of the mitigation burden across countries is a key issue regarding the post-2012 global climate policies. This article explores the economic implications of alternative allocation rules, an assessment made in the run-up to the COP15 in Copenhagen (December 2009). We analyse the...

Quantitative estimates of the economic damages of climate change usually are based on aggregate relationships linking average temperature change to loss in gross domestic product (GDP). However, there is a clear need for further detail in the regional and sectoral dimensions of impact...

This article presents the Iron and Steel Industry Model (ISIM). This is a world simulation model able to analyze the evolution of the industry from 1997 to 2030, focusing on steel production, demand, trade, energy consumption, CO2 emissions, technology dynamics, and retrofitting options. In the...

The cement industry is the third largest carbon emitting industrial sector in the EU. This article presents the foreseeable technological evolution of the cement industry under business as usual circumstances, and examines the effects on the sector of carbon trading. For those purposes a global...

The PESETA project has estimated the physical effects of climate change in Europe for the following impact categories with a market valuation: agriculture, river floods, coastal systems and tourism. Four alternative scenarios of future climate change have been considered. The computable general...