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Meta-Modeling to Assess the Possible Future of Paris Agreement
- Source :
- Environmental Modeling & Assessment. 23:611-626
- Publication Year :
- 2018
- Publisher :
- Springer Science and Business Media LLC, 2018.
-
Abstract
- In the meta-modeling approach, one builds a numerically tractable dynamic optimization or game model in which the parameters are identified through statistical emulation of a detailed large scale numerical simulation model. In this paper, we show how this approach can be used to assess the economic impacts of possible climate policies compatible with the Paris Agreement. One indicates why it is appropriate to assume that an international carbon market, with emission rights given to different groups of countries will exist. One discusses the approach to evaluate correctly abatement costs and welfare losses incurred by different groups of countries when implementing climate policies. Finally, using a recently proposed meta-model of game with a coupled constraint on a cumulative CO2 emissions budget, we assess several new scenarios for possible fair burden sharing in climate policies compatible with the Paris Agreement.
- Subjects :
- Emulation
Sequential game
Computer simulation
Computer science
020209 energy
media_common.quotation_subject
02 engineering and technology
Carbon market
Scale (social sciences)
0202 electrical engineering, electronic engineering, information engineering
Econometrics
Economic impact analysis
Constraint (mathematics)
Welfare
General Environmental Science
media_common
Subjects
Details
- ISSN :
- 15732967 and 14202026
- Volume :
- 23
- Database :
- OpenAIRE
- Journal :
- Environmental Modeling & Assessment
- Accession number :
- edsair.doi...........0f61aa32b952ab219ffea339b8fe3058