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Capturing key energy and emission trends in CGE models: Assessment of status and remaining challenges

Author

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  • FæHn, Taran
  • Bachner, Gabriel
  • Fujimori, Shinichiro
  • Ghosh, Madanmohan
  • Hamdi-Cherif, Meriem
  • Lanzi, Elisa
  • Paltsev, Sergey
  • Vandyck, Toon
  • Beach, Robert
  • Cunha, Bruno
  • Garaffa, Rafael
  • Steininger, Karl
Abstract
Many of the current modelling and baseline procedures in Computable General Equilibrium (CGE) analysis are motivated by the need to understand potential greenhouse gas (GHG) emission trajectories and possible transition pathways to a decarbonised future. Limiting global warming to below 2°C, or even 1.5°C, in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations (IPCC, 2018). Mid-Century strategies are to be prepared and submitted by all Parties by 2020. The long time horizon of the climate change impacts and technological change makes long-term projections and scenario studies of energy and emissions evolvements necessary.

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  • FæHn, Taran & Bachner, Gabriel & Fujimori, Shinichiro & Ghosh, Madanmohan & Hamdi-Cherif, Meriem & Lanzi, Elisa & Paltsev, Sergey & Vandyck, Toon & Beach, Robert & Cunha, Bruno & Garaffa, Rafael & Ste, 2019. "Capturing key energy and emission trends in CGE models: Assessment of status and remaining challenges," Conference papers 333122, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333122
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    4. Khabbazan, Mohammad M. & von Hirschhausen, Christian, 2021. "The implication of the Paris targets for the Middle East through different cooperation options," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 104.
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    10. Khabbazan, Mohammad M. & von Hirschhausen, Christian, 2021. "The implication of the Paris targets for the Middle East through different cooperation options," Energy Economics, Elsevier, vol. 104(C).
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    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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