全球智库信息集成服务系统(G2TT): Stabilisation Targets, Technical Change and the Macroeconomic Costs of Climate Change Control

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Stabilisation Targets, Technical Change and the Macroeconomic Costs of Climate Change Control
	Valentina Bosetti; Carlo Carraro; Marzio Galeotti
发表日期	2006
出处	Climate Change and Sustainable Development
出版年	2006
语种	英语
摘要	The issue of greenhouse gas (GHG) stabilization stands on three critical open questions. Namely, what are the impacts deriving from different levels of climate change and their distribution. What are the levels at which GHG concentration should be stabilized in order to avoid unacceptable impacts. And, finally, what are the costs and what are the instruments available to reach such stabilization targets. In the present paper, we address the latter question, in the specific attempt of shedding some light on the debated role of technological progress in lowering the costs of GHG stabilization. In particular, we use an optimal growth climate-economy model, where technical change is endogenously driven by learning by researching and learning by doing. In the model, when an ambitious stabilization target has to be reached, some additional technological innovation and diffusion is induced. The magnitude of this induced effect substantially affects the costs of stabilizing greenhouse gasses and may even make a well-designed climate policy a win-win strategy. A sensitivity analysis on the model crucial parameters is performed to account for structural and parametric uncertainties on learning effects, on the relationship between knowledge accumulation and the energy and carbon intensity of the economic system, and on the crowding out of investments in the energy sector R&D with respect to other research fields.
特色分类	H0,H2,H3
关键词	Climate policy,Environmental modelling,Integrated assessment,Technical change
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/stabilisation-targets-technical-change-and-the-macroeconomic-costs-of-climate-change-control/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/117266
推荐引用方式 GB/T 7714	Valentina Bosetti,Carlo Carraro,Marzio Galeotti. Stabilisation Targets, Technical Change and the Macroeconomic Costs of Climate Change Control. 2006.