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RR-02-01.pdf

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/58891 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/58891 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/58891 archive 351 disk0/00/00/67/89 2016-01-15 02:15:01 2021-08-27 17:18:02 2016-01-15 02:15:01 monograph show 3 van der Zwaan B.C.C. Gerlagh R. Klaassen G. 1355 Schrattenholzer L. AL1189 pub iis_cli iis_ene iis_mod prog_ecs This article investigates the impact on optimal CO2 abatement and carbon tax levels of introducing endogenous technological change in a macroeconomic model of climate change. We analyze technological change as a function of cumulative capacity, as incorporated recently in energy-systems models. Our calculations confirm that including endogenous innovation implies earlier emission reduction to meet atmospheric carbon concentration constraints. However, the effect is stronger than suggested in the literature. Moreover, the development on non-fossil energy technologies constitutes the most important opportunity for emission reductions. Optimal carbon tax levels, reducing fossil energy use, are lower than usually advocated. 2002 published RR-02-001. Reprinted from Energy Economics, 24:1-19 [2002]. RP-02-001 Reprinted from Energy Economics; 24:1-19 [2002] 10 1376 2366 public research_reprint Energy Economics 24 IIASA, Laxenburg, Austria 1-19 22 TRUE FALSE info:eu-repo/semantics/book