Arbeitspapier
The EU decarbonisation roadmap 2050: What way to walk?
We carry out a detailed CGE (Computable General Equilibrium) analysis of the EU Decarbonisation Roadmap 2050 on a macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 unilateral and 3 global climate action scenarios. We identify global climate action with international emissions trading and the ful l equalization of CO2 prices across all (EU) sectors as a reasonable policy option to avoid additional costs of the Decarbonisation Roadmap to a large extent. This policy option may include CDM (Clean Development Mechanism in the sense of 'where'-flexibility) in an extended form if there are countries without emissions caps. Moreover, we identify diverse sectoral effects in terms of output, investment, emissions and international competitiveness. We conclude that the successful realization of the EU Decarbonisation Roadmap probably requires a wise and joint consideration of technology, policy design and sectoral aspects.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 12-055
- Klassifikation
-
Wirtschaft
Computable General Equilibrium Models
Trade and Environment
Energy and the Macroeconomy
Climate; Natural Disasters and Their Management; Global Warming
- Thema
-
Decarbonisation Roadmap
Copenhagen Pledges
post Kyoto
energy-intensive sectors
competitiveness
leakage
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hübler, Michael
Löschel, Andreas
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hübler, Michael
- Löschel, Andreas
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2012