Overview of EMF-21 : Multigas Mitigation and Climate Policy

  title={Overview of EMF-21 : Multigas Mitigation and Climate Policy},
  author={John Weyant and Francisco C. de la Chesnaye and Geoff J. Blanford},
  • John Weyant, Francisco C. de la Chesnaye, Geoff J. Blanford
  • Published 2010
The costs of greenhouse gas emission reduction are investigated with abatement of carbon dioxide, methane, and nitrous oxide using the FUND model. The central policy scenario keeps anthropogenic radiative forcing below 4.5 Wm. If CO2 emission reduction were the only possibility to meet this target, the net present value of consumption losses would be $45 trillion; with abatement of the other gases added, costs fall to $33 trillion. The bulk of these costs savings can be ascribed to nitrous… CONTINUE READING

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