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Climate Engineering under Deep Uncertainty and Heterogeneity

Emmerling, Johannes; Manoussi, Vassiliki; Xepapadeas, … - 2016

Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...

Persistent link: https://www.econbiz.de/10011586844

Inequality and the Social Cost of Carbon

Anthoff, David; Emmerling, Johannes - 2016

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...

Persistent link: https://www.econbiz.de/10011586846

Pathways to Deep Decarbonization in Italy

Alloisio, Isabella; Antimiani, Alessandro; Borghesi, Simone - 2015

The Deep Decarbonization Pathways Project (DDPP), an initiative of the Sustainable Development Solutions Network (SDSN) and the Institute for Sustainable Development and International Relations (IDDRI), aims to demonstrate how countries can transform their energy systems by 2050 in order to...

Persistent link: https://www.econbiz.de/10011451157

Economic Implications of EU Mitigation Policies: Domestic and International Effects

Bosello, Francesco; Davide, Marinella; Alloisio, Isabella - 2016

The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of … climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise … the potential extra-EU spillover of the EU mitigation policy with a particular attention to developing countries. The …

Persistent link: https://www.econbiz.de/10011492402

The WITCH 2016 Model - Documentation and Implementation of the Shared Socioeconomic Pathways

Emmerling, Johannes; Drouet, Laurent; Reis, Lara Aleluia; … - 2016

This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a Ramsey type optimal growth model and a detailed...

Persistent link: https://www.econbiz.de/10011492410

Sharing of Climate Risks across World Regions

Emmerling, Johannes - 2014

Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify the potential welfare gains from such a scheme....

Persistent link: https://www.econbiz.de/10010491221