G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
A Numerical Analysis of Optimal Extraction and Trade of Oil under Climate Policy
Emanuele Massetti; Fabio Sferra
发表日期2010
出处Climate Change and Sustainable Development
出版年2010
语种英语
摘要We introduce endogenous investments for increasing conventional and non-conventional oil extraction capacity in the integrated assessment model WITCH. The international price of oil emerges as the Nash equilibrium of a non-cooperative game. When carbon emissions are not constrained, oil is used throughout the century, with unconventional oil taking over conventional oil from mid-century onward. When carbon emissions are constrained, oil consumption drops dramatically and the oil price is lower than in the BaU. Unconventional oil is not extracted. Regional imbalances in the distribution of stabilisation costs are magnified and the oil-exporting countries bear, on average, costs three times larger than in previous estimates.
特色分类E17;F17;Q32;Q43;Q54
关键词Climate Policy Integrated Assessment Oil Production Oil Revenues Oil Trade
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-numerical-analysis-of-optimal-extraction-and-trade-of-oil-under-climate-policy/
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/117889
推荐引用方式
GB/T 7714
Emanuele Massetti,Fabio Sferra. A Numerical Analysis of Optimal Extraction and Trade of Oil under Climate Policy. 2010.
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