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a r t i c l e i n f o Available online xxxx This paper presents an overview of the study design for, and the results of, the EMF 22 International Scenarios. The EMF 22 International Scenarios engaged ten of the world's leading integrated assessment (IA) models to focus on the combined implications of three factors integral to international climate(More)
We present a framework for allocating a global carbon reduction target among nations, in which the concept of "common but differentiated responsibilities" refers to the emissions of individuals instead of nations. We use the income distribution of a country to estimate how its fossil fuel CO(2) emissions are distributed among its citizens, from which we(More)
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and improve the economic efficiency of a mitigation policy(More)
This paper investigates the potential contribution of forestry management in meeting a CO 2 stabilization policy of 550 ppmv by 2100. In order to assess the optimal response of the carbon market to forest sequestration we couple two global models. An energy-economy-climate model for the study of climate policies is linked with a detailed forestry model(More)
This paper uses the WITCH model, a computable general equilibrium model with endogenous technological change, to explore the impact of various climate policies on energy technology choices and the costs of stabilising greenhouse gas concentrations. Current and future expected carbon prices appear to have powerful effects on R&D spending and clean technology(More)
The goal of the Harvard Project on International Climate Agreements is to help identify key design elements of a scientifically sound, economically rational, and politically pragmatic post-2012 international policy architecture for global climate change. It draws upon leading thinkers from academia, private industry, government, and non-governmental(More)
In this paper, we analyze the relative importance and mutual behavior of two competing base-load electricity generation options that each are capable of contributing significantly to the abatement of global CO 2 emissions: nuclear energy and coal-based power production complemented with CO 2 capture and storage (CCS). We also investigate how, in scenarios(More)
Whereas the linkage between technology and climate policy has been extensively analysed, the interaction between climate policies and human capital formation has received considerably less attention. Human capital is a determinant of economic growth and, at the same time, it affects the efficiency of responses to climate change. Based on recent empirical(More)
The most important energy development of the past decade has been the wide deployment of hydraulic fracturing technologies that enable the production of previously uneconomic shale gas resources in North America. If these advanced gas production technologies were to be deployed globally, the energy market could see a large influx of economically competitive(More)