G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
A Quantitative Assessment of the Implications of Including non-CO2 Emissions in the European ETS
Carlo Orecchia; Ramiro Parrado
发表日期2013
出处Climate Change and Sustainable Development
出版年2013
语种英语
摘要Although CO2 emissions stand for most of greenhouse gas (GHG) emissions, the contribution of mitigation efforts based on non-CO2 emissions is still a field that needs to be explored more thoroughly. Extending abatement opportunities to non-CO2 could reduce overall mitigation costs but it could also exert a negative pressure on agricultural output. This paper offers insights about the first effect while provides a preliminary discussion for the second. We investigate the role of non-CO2 GHGs in climate change mitigation in Europe using a computable general equilibrium (CGE) model. We develop a specific modelling framework extending the model with non-CO2 GHGs as an additional mitigation alternative. These modifications allow us to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system. We distinguish two targets on all GHG emissions for 2020, a reduction by 20% and 30% with respect to 1990 levels. Within each reduction cap, we consider two mitigation opportunities by means of a carbon tax levied on: 1) CO2 emissions only, and 2) All GHGs emissions (both CO2 and non-CO2 GHG). Results show that a multi-gas mitigation policy would slightly decrease policy costs compared to the CO2 only alternative. *** Suggested citation: Orecchia, C., R. Parrado, 'A Quantitative Assessment of the Implications of Including non-CO2 Emissions in the European ETS', (2013), Nota di Lavoro 100.2013, Milan, Italy: Fondazione Eni Enrico Mattei.
特色分类Q5;Q58
关键词CGE Greenhouse gas emissions Cap-and-trade system Agriculture Non-CO2 emissions European Union Effort Sharing Decision
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-quantitative-assessment-of-the-implications-of-including-non-co2-emissions-in-the-european-ets/
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/118126
推荐引用方式
GB/T 7714
Carlo Orecchia,Ramiro Parrado. A Quantitative Assessment of the Implications of Including non-CO2 Emissions in the European ETS. 2013.
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