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|Title:||A Comparability Analysis of Global Burden Sharing GHG Reduction Scenarios|
|Authors:||CISCAR MARTINEZ Juan Carlos; SAVEYN Bert; SORIA RAMIREZ Antonio; SZABO Laszlo; VAN REGEMORTER Denise; VAN IERLAND Tom|
|Citation:||ENERGY POLICY vol. 55 p. 73-81|
|Publisher:||ELSEVIER SCI LTD|
|Type:||Articles in periodicals and books|
|Abstract:||The distribution of the mitigation burden across countries is a key issue regarding the post-2012 global climate policies. This article explores the economic implications of alternative allocation rules, an assessment made in the run-up to the COP15 in Copenhagen (December 2009). We analyse the comparability of the allocations across countries based on four single indicators: GDP per capita, GHG emissions per GDP, GHG emission trends in the recent past, and population growth. The multi-sectoral computable general equilibrium model of the global economy, GEM-E3, is used for that purpose. Further, the article also compares a perfect carbon market without transaction costs with the case of a gradually developing carbon market, i.e. a carbon market with (gradually diminishing) transaction costs.|
|JRC Directorate:||Growth and Innovation|
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