NDLI: The FAIR model: A tool to analyse environmental and costs implications of regimes of future commitments

Content Provider	Springer Nature Link
Author	Elzen, Michel G. J. Lucas, Paul L.
Copyright Year	2005
Abstract	This article describes the policy decision-support tool, FAIR, to assess the environmental and abatement costs implications of international regimes for differentiation of future commitments. The model links long-term climate targets and global reduction objectives with regional emission allowances and abatement costs, accounting for the Kyoto Mechanisms used. FAIR consists of three sub-models: a simple climate model, an emission-allocation model and a cost model. The article also analyses ten different rule-based emission allocation schemes for two long-term concentration stabilisation targets for greenhouse gases. This analysis shows that evaluating regimes requires not only an assessment of the initial allocation, but also of the distribution of abatement costs and the impacts from emissions trading. The Multi-Stage approach (with a gradual increase of Parties adopting emission intensity or reductions targets) and the Triptych approach (with sectoral targets for all Parties) seem to provide the best prospects for most of the Parties when compared to the other allocation schemes analysed.
Starting Page	115
Ending Page	134
Page Count	20
File Format	PDF
ISSN	14202026
Journal	Environmental Modeling & Assessment
Volume Number	10
Issue Number	2
e-ISSN	15732967
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2005-01-01
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Applications of Mathematics Mathematical Modeling and Industrial Mathematics Environment
Content Type	Text
Resource Type	Article
Subject	Environmental Science

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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