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Challenges and opportunities for integrated modeling of climate engineering

Tavoni, Massimo; Bosetti, Valentina; Shayegh, Soheil; … - 2017

The Paris Agreement has set stringent temperature targets to limit global warming to 2°C above preindustrial level, with efforts to stay well below 2°C. At the same time, its bottom-up approach with voluntary national contributions makes the implementation of these ambitious targets...

Persistent link: https://www.econbiz.de/10011695448

Global climate policy architecture and political feasibility: specific formulas and emission targets to attain 460 ppm CO2 concentrations

Bosetti, Valentina; Frankel, Jeffrey A. - 2009

Three gaps in the Kyoto Protocol most badly need to be filled: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of reason to think that members will abide by commitments. To be...

Persistent link: https://www.econbiz.de/10008824519

Delayed participation of developing countries to climate agreements: should action in the EU and US be postponed?

Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - 2008

This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...

Persistent link: https://www.econbiz.de/10008780583

Sustainable cooperation in global climate policy : specific formulas and emission targets to build on Copenhagen and Cancun

Bosetti, Valentina; Frankel, Jeffrey A. - 2011

We offer a framework to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming budget period, the...

Persistent link: https://www.econbiz.de/10009298304

Politics and economics of second-best regulation of greenhouse gases : the importance of regulatory credibility

Bosetti, Valentina; Victor, David G. - 2010

Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …

Persistent link: https://www.econbiz.de/10008702084

Is environmentalism the right strategy to decarbonize the world?

Marini, Marco; Tarola, Ornella; Thisse, Jacques-François - 2020

We study how the supply of environmentalism, which is defined by psychic benefits (costs) associated with the purchase of high-environmental (low-environmental) qualities, affects the way firms choose their products and the ensuing consequences for the global level of pollution. Contrary to...

Persistent link: https://www.econbiz.de/10012389897

Sensitivity to energy technology costs : a multi-model comparison analysis

Bosetti, Valentina; Marangoni, Giacomo; Borgonovo, Emanuele - 2015

In the present paper we use the output of multiple expert elicitation surveys on the future cost of key low-carbon technologies and use it as input of three Integrated Assessment models, GCAM, MARKAL_US and WITCH. By means of a large set of simulations we aim to assess the implications of these...

Persistent link: https://www.econbiz.de/10011438620

Does technological progress magnify regional disparities?

Tabuchi, Takatoshi; Thisse, Jacques-François; Zhu, Xiwei - 2016

Persistent link: https://www.econbiz.de/10011546731

Priority for the worse off and the social cost of carbon

Adler, Matthew D.; Anthoff, David; Bosetti, Valentina; … - 2016

The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...

Persistent link: https://www.econbiz.de/10011547506

Finding common ground when experts disagree : belief dominance over portfolios of alternatives

Baker, Erin; Bosetti, Valentina; Salo, Ahti A. - 2016

We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...

Persistent link: https://www.econbiz.de/10011504367