[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/wsi/ccexxx/v15y2024i02ns2010007824500052.html
   My bibliography  Save this article

Impacts Of Global Warming On Regional Energy And Economy: Uneven Consequences Arising From Global Warming-Induced Heating And Cooling Demand Of Households

Author

Listed:
  • LIN MA

    (CICERO Center for International Climate Research, P. O. Box 1129 Blindern, 0318 Oslo, Norway)

  • TAOYUAN WEI

    (CICERO Center for International Climate Research, P. O. Box 1129 Blindern, 0318 Oslo, Norway)

  • KALLE NORDLING

    (CICERO Center for International Climate Research, P. O. Box 1129 Blindern, 0318 Oslo, Norway)

  • ASBJØRN AAHEIM

    (CICERO Center for International Climate Research, P. O. Box 1129 Blindern, 0318 Oslo, Norway)

Abstract
The impacts of global warming vary across regions. This paper studies the distributional implications of global warming impacts on household energy use for heating and cooling and the induced macroeconomic responses under different scenarios. Our research updates the direct impact of global warming on household energy demand in 140 regions worldwide by utilizing existing estimations of damage functions related to temperature changes. Subsequently, the updated direct impact is used in a global static computable general equilibrium (CGE) model to evaluate the macroeconomic responses. We find that at the global level, the market effects cause a reduction in the direct impact on the demand for oil and gas, while that for electricity displays a positive but moderate growth. Whereas the regional effects vary across countries and lead to changes in both directions, in which the autonomous adaptation embodied in the global market plays a vital role. Furthermore, we find strong inequality in the socioeconomic responses to global warming across regions. Notably, low-income countries are most strongly affected by increased primary energy use and decreased gross domestic product (GDP). Disparities in the impacts on carbon-based energy sources yield a near-perfect inequality as per the adjusted Gini index for CO2 emission changes, which potentially intensify the distributional consequences of global climate change.

Suggested Citation

  • Lin Ma & Taoyuan Wei & Kalle Nordling & Asbjã˜Rn Aaheim, 2024. "Impacts Of Global Warming On Regional Energy And Economy: Uneven Consequences Arising From Global Warming-Induced Heating And Cooling Demand Of Households," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 15(02), pages 1-38, May.
    • Handle: RePEc:wsi:ccexxx:v:15:y:2024:i:02:n:s2010007824500052
    DOI: 10.1142/S2010007824500052
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S2010007824500052
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S2010007824500052?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Household energy demand; climate change impact; inequality; socioeconomic impact; macroeconomic model; climate simulation;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ccexxx:v:15:y:2024:i:02:n:s2010007824500052. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/cce/cce.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.