Modeling the Economics of Greenhouse Gas Mitigation: Summary of a Workshop

Paperback

Environmental Studies General Political Science

Currently unavailable to order

ISBN10: 0309162351
ISBN13: 9780309162357
Publisher: Natl Academy Pr
Published: Feb 24 2011
Pages: 160
Language: English

Models are fundamental for estimating the possible costs and effectiveness of different policies for reducing greenhouse gas (GHG) emissions. There is a wide array of models to perform such analysis, differing in the level of technological detail, treatment of technological progress, spatial and sector details, and representation of the interaction of the energy sector to the overall economy and environment. These differences impact model results, including cost estimates. More fundamentally, these models differ as to how they represent fundamental processes that have a large impact on policy analysis--such as how different models represent technological learning and cost reductions that come through increasing production volumes, or how different models represent baseline conditions.

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