Europe's twenties : a study using the WIATEC model

Claudia Kemfert; Hans Kremers; and Truong Truong

In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence. Furthermore, they also indicate that there is a possibility that the existing allocations to the Europena sectors participating in the EU Emissions Trading Scheme (EU ETS) are on the low side, and therefore, there are still rooms for movement in the future. -- Climate policy ; Energy policy ; EU 20-20-20 plan ; EU Emission Trading System ; Computable General Equilibrium

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Year of publication:	2009
Authors:	Kemfert, Claudia ; Kremers, Hans ; Truong, Truong Phuoc
Publisher:	Berlin : DIW
Subject:	Klimaschutz \| Climate protection \| Nachhaltige Energieversorgung \| Sustainable energy supply \| Emissionshandel \| Emissions trading \| Wirkungsanalyse \| Impact assessment \| Branchenentwicklung \| Sector development \| Soziale Kosten \| Social costs \| Allgemeines Gleichgewicht \| General equilibrium \| EU-Staaten \| EU countries

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Extent:	Online-Ressource (21 S., 437 KB) graph. Darst.
Series:	Discussion papers / Deutsches Institut für Wirtschaftsforschung. - Berlin : [Verlag nicht ermittelbar], ISSN 1619-4535, ZDB-ID 2125067-4. - Vol. 913
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/29738 [Handle]
Classification:	C63 - Computational Techniques ; C68 - Computable General Equilibrium Models ; D58 - Computable and Other Applied General Equilibrium Models ; F11 - Neoclassical Models of Trade ; F18 - Trade and Environment ; H21 - Efficiency; Optimal Taxation ; O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; P28 - Natural Resources; Energy; Environment ; Q54 - Climate; Natural Disasters ; Q58 - Government Policy ; R13 - General Equilibrium and Welfare Economic Analysis of Regional Economics
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003872890