NDLI: The impact of time horizon on integrated climate assessment models

Content Provider	Springer Nature Link
Author	Wong, Kum Yeen Chuah, Joon Huang Hope, Chris
Copyright Year	2015
Abstract	The PAGE09 model is a revised version of the earlier PAGE2002 and PAGE95 integrated assessment models (IAMs) that have been extensively used to evaluate climate change impacts and the social costs and benefits of different abatement and adaptation policies under uncertainty. This paper investigates the use of the latest PAGE09 model as a policy-oriented tool in determining an efficient climate change policy that internalises the mean social cost of carbon dioxide (SCCO2). We show that the choice of final analysis year, time horizon and the carbon dioxide (CO2) emissions pathway in the PAGE09 model do significantly affect the model results for the SCCO2 and its trajectory over time and so the prescriptions of future climate policy. Further analysis shows that a constant time horizon and a slight modification of the penultimate analysis year which is currently fixed in the default model help avoid the underestimation of the SCCO2 in future years. This paper also highlights the potential benefit of a consensus position on the specification of time horizon for the development of future IAMs to aid policy making.
Starting Page	2361
Ending Page	2374
Page Count	14
File Format	PDF
ISSN	1618954X
Journal	Clean Technologies and Environmental Policy
Volume Number	17
Issue Number	8
e-ISSN	16189558
Language	English
Publisher	Springer Berlin Heidelberg
Publisher Date	2015-06-02
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Integrated assessment models Time horizon Social cost of carbon dioxide Climate policy Sustainable Development Industrial Chemistry/Chemical Engineering Industrial and Production Engineering Environmental Engineering/Biotechnology Environmental Economics
Content Type	Text
Resource Type	Article
Subject	Environmental Chemistry Environmental Engineering Economics and Econometrics Business, Management and Accounting Management, Monitoring, Policy and Law

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Carbon dioxide recycling

Carbon dioxide absorption by ammonia intensified with membrane contactors

Pragmatic policy options for monitoring the movement of carbon dioxide derived from fossil and bio-fuels

An evaluation method of CO2-EOR social benefit for authoritative incentive policy-making

Development of impact assessment methodologies for environmental sustainability

Sustainable consumption and production as a system: experience in Lithuania

Climate geoengineering

Environmental impact assessment of an automotive component using eco-indicator and CML methodologies

Cost effective poly(urethane-imide)-POSS membranes for environmental and energy-related processes

The impact of time horizon on integrated climate assessment models

Similar Documents

Carbon dioxide recycling

Carbon dioxide absorption by ammonia intensified with membrane contactors

Pragmatic policy options for monitoring the movement of carbon dioxide derived from fossil and bio-fuels

An evaluation method of CO2-EOR social benefit for authoritative incentive policy-making

Development of impact assessment methodologies for environmental sustainability

Sustainable consumption and production as a system: experience in Lithuania

Climate geoengineering

Environmental impact assessment of an automotive component using eco-indicator and CML methodologies

Cost effective poly(urethane-imide)-POSS membranes for environmental and energy-related processes

The impact of time horizon on integrated climate assessment models