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Potential Land Use Implications of a Global Biofuels Industry
(MIT Joint Program on the Science and Policy of Global Change, 2008-03)
In this paper we investigate the potential production and implications of a global biofuels industry. We
develop alternative approaches to the introduction of land as an economic factor input, in value and
physical terms, ...
The Influence on Climate Change of Differing Scenarios for Future Development Analyzed Using the MIT Integrated Global System Model
(MIT Joint Program on the Science and Policy of Global Change, 2008-09)
A wide variety of scenarios for future development have played significant roles in climate policy discussions. This paper presents projections of greenhouse gas (GHG) concentrations, sea level rise due to thermal expansion ...
Uncertainty in Greenhouse Emissions and Costs of Atmospheric Stabilization
(MIT Joint Program on the Science and Policy of Global Change, 2008-11)
We explore the uncertainty in projections of emissions, and costs of atmospheric stabilization applying the MIT Emissions Prediction and Policy Analysis model, a computable general equilibrium model of the global economy. ...
A Forward Looking Version of the MIT Emissions Prediction and Policy Analysis (EPPA) Model
(MIT Joint Program on the Science and Policy of Global Change, 2008-05)
This paper documents a forward looking multi-regional general equilibrium model developed from the latest version of the recursive-dynamic MIT Emissions Prediction and Policy Analysis (EPPA) model. The model represents ...
Marginal Abatement Costs and Marginal Welfare Costs for Greenhouse Gas Emissions Reductions: Results from the EPPA Model
(MIT Joint Program on the Science and Policy of Global Change, 2008-11)
Marginal abatement cost (MAC) curves, relationships between tons of emissions abated and the CO2 (or GHG) price, have been widely used as pedagogic devices to illustrate simple economic concepts such as the benefits of ...
Sharing the Burden of GHG Reductions
(MIT Joint Program on the Science and Policy of Global Change, 2008-11)
The G8 countries propose a goal of a 50% reduction in global emissions by 2050, in an effort that needs to take account of other agreements specifying that developing countries are to be provided with incentives to action ...
Modeling the Prospects for Hydrogen Powered Transportation Through 2100
(MIT Joint Program on the Science and Policy of Global Change, 2008-02)
Hydrogen fueled transportation has been proposed as a low carbon alternative to the current gasoline-powered
fleet. Using a computable general equilibrium model of the world economy we explore the
economic viability of ...
Analysis of U.S. Greenhouse Gas Tax Proposals
(MIT Joint Program on the Science and Policy of Global Change, 2008-04)
The U.S. Congress is considering a set of bills designed to limit the nation’s greenhouse gas (GHG)
emissions. Several of these proposals call for a cap-and-trade system; others propose an emissions tax.
This paper ...