Carbon Taxes and CO2 Emissions Targets: Results from the IEA Model
This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised reduction scenarios. The IEA model is an econometric energy model with a projection horizon to 2005. One of the major con...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1992
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| Schriftenreihe: | OECD Economics Department Working Papers
no.114 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised reduction scenarios. The IEA model is an econometric energy model with a projection horizon to 2005. One of the major conclusions to emerge from the results presented in this paper is that even seemingly moderate CO2 emissions reduction targets would require very high carbon taxes. The reasons for this are, firstly, that the carbon taxes need to be very high to have any material impact on final prices, especially those of transportation fuels and electricity, and, secondly, that most of the decline in emissions would have to come from a reduction in energy demand because the scope for substitution is very limited over a period of 10-15 years. The model also suggests that the required carbon taxes for any target are likely to be much lower in North America than in the Other OECD region, because North ... |
| Beschreibung: | 1 Online-Ressource (35 p.) 21 x 29.7cm. |
| DOI: | 10.1787/431042862776 |
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| spelling | Vouyoukas, E. Lakis VerfasserIn aut Carbon Taxes and CO2 Emissions Targets Results from the IEA Model E. Lakis, Vouyoukas Paris OECD Publishing 1992 1 Online-Ressource (35 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.114 This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised reduction scenarios. The IEA model is an econometric energy model with a projection horizon to 2005. One of the major conclusions to emerge from the results presented in this paper is that even seemingly moderate CO2 emissions reduction targets would require very high carbon taxes. The reasons for this are, firstly, that the carbon taxes need to be very high to have any material impact on final prices, especially those of transportation fuels and electricity, and, secondly, that most of the decline in emissions would have to come from a reduction in energy demand because the scope for substitution is very limited over a period of 10-15 years. The model also suggests that the required carbon taxes for any target are likely to be much lower in North America than in the Other OECD region, because North ... Economics FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/431042862776 Volltext |
| spellingShingle | Vouyoukas, E. Lakis Carbon Taxes and CO2 Emissions Targets Results from the IEA Model Economics |
| title | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model |
| title_auth | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model |
| title_exact_search | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model |
| title_full | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model E. Lakis, Vouyoukas |
| title_fullStr | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model E. Lakis, Vouyoukas |
| title_full_unstemmed | Carbon Taxes and CO2 Emissions Targets Results from the IEA Model E. Lakis, Vouyoukas |
| title_short | Carbon Taxes and CO2 Emissions Targets |
| title_sort | carbon taxes and co2 emissions targets results from the iea model |
| title_sub | Results from the IEA Model |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/431042862776 |
| work_keys_str_mv | AT vouyoukaselakis carbontaxesandco2emissionstargetsresultsfromtheieamodel |