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Now showing items 11-20 of 41
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 ...
Distributional Impacts of a U.S. Greenhouse Gas Policy: A General Equilibrium Analysis of Carbon Pricing
(MIT Joint Program on the Science and Policy of Global Change, 2009-11)
We develop a new model of the U.S., the U.S. Regional Energy Policy (USREP) model that is resolved for large states and regions of the U.S. and by income class and apply the model to investigate a $15 per ton CO2 equivalent ...
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 ...
Directed Technical Change and Climate Policy
(MIT Joint Program on the Science and Policy of Global Change, 2006-04)
This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward-looking CGE model that captures empirical links between CO2 emissions associated ...
MIT Integrated Global System Model (IGSM) Version 2: Model Description and Baseline Evaluation
(MIT Joint Program on the Science and Policy of Global Change, 2005-07)
The MIT Integrated Global System Model (IGSM) is designed for analyzing the global environmental changes that may result from anthropogenic causes, quantifying the uncertainties associated with the projected changes, and ...
Modeling non-CO₂ greenhouse gases
(2002-12)
Although emissions of CO₂ are the largest anthropogenic contributor to the risks of climate change, other substances are important in the formulation of a cost-effective response. To provide improved facilities for addressing ...
An issue of permanence: assessing the effectiveness of temporary carbon storage
(2002-12)
In this paper, we present a method to quantify the effectiveness of carbon mitigation options taking into account the "permanence" of the emissions reduction. While the issue of permanence is most commonly associated with ...
Is international emissions trading always beneficial?
(2002-12)
Economic efficiency is a major argument for the inclusion of an international emission permit trading system under the Kyoto Protocol. Using a partial equilibrium framework, energy system models have shown that implementing ...