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Economic Impact Assessment of Climate Change--A Multi-gas Investigation with WIAGEM-GTAPEL-ICM.
- Source :
-
Energy Journal . Multi-Greenhouse Gas Mitigation, Vol. 27, p441-460. 20p. - Publication Year :
- 2006
-
Abstract
- Climate change is a long-term issue due to the long lifespan of greenhouse gases (GHG) and the delayed response of the climate system. This paper investigates the long-term economic consequences of both climate change impacts and mitigation efforts by applying the multi-regional, multi-sectoral integrated assessment model WIAGEM based on GTAP-EL coupled with the reduced-form multi-gas climate model ICM. We investigate emissions reduction paths to reach a radiative forcing target of 4.5 W/m². Economic impacts are studied and compared with and without the inclusion of all GHG gases. We find that multi-gas emissions reduction causes less economic losses compared with a case where only CO2 emissions reductions would be considered. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 01956574
- Volume :
- 27
- Database :
- Academic Search Index
- Journal :
- Energy Journal
- Publication Type :
- Academic Journal
- Accession number :
- 23714787
- Full Text :
- https://doi.org/10.5547/issn0195-6574-ej-volsi2006-nosi3-23