Assessing Economic Impacts of Greenhouse Gas Mitigation

Assessing Economic Impacts of Greenhouse Gas Mitigation PDF

Author: National Research Council

Publisher: National Academies Press

Published: 2009-05-28

Total Pages: 55

ISBN-13: 030914115X

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Many economic models exist to estimate the cost and effectiveness of different policies for reducing greenhouse gas (GHG) emissions. Some approaches incorporate rich technological detail, others emphasize the aggregate behavior of the economy and energy system, and some focus on impacts for specific sectors. Understandably, different approaches may be better positioned to provide particular types of information and may yield differing results, at times rendering decisions on future climate change emissions and research and development (R&D) policy difficult. Reliable estimates of the costs and benefits to the U.S. economy for various emissions reduction and adaptation strategies are critical to federal climate change R&D portfolio planning and investment decisions. At the request of the U.S. Department of Energy (DOE), the National Academies organized a workshop to consider these issues. The workshop, summarized in this volume, comprised three dimensions: policy, analysis, and economics. Discussions along these dimensions were meant to lead to constructive identification of gaps and opportunities. The workshop focused on (1) policymakers' informational needs; (2) models and other analytic approaches to meet these needs; (3) important economic considerations, including equity and discounting; and (4) opportunities to enhance analytical capabilities and better inform policy.

Greenhouse Gas Mitigation Assessment: A Guidebook

Greenhouse Gas Mitigation Assessment: A Guidebook PDF

Author: Jayant A. Sathaye

Publisher: Springer Science & Business Media

Published: 2013-11-21

Total Pages: 257

ISBN-13: 9401584664

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This book describes guidelines prepared by the U.S. Country Studies Program for the evaluation of options to mitigate greenhouse gas emissions. The U.S. Country Studies Program developed these guidelines in collaboration with Lawrence Berkeley National Laboratory to provide developing countries and countries with economies in transition with reference materials for national mitigation assessments. Over 50 countries participating in the program have used the guidelines, which have been refined to reflect their comments. The guidelines delineate a step-wise methodology for evaluating greenhouse gas mitigation options for the energy and non-energy sectors and describe the applications of common analytical tools. The U.S. Country Studies Program uses these guidelines in conjunction with intensive training workshops and follow up technical assistance during the lifetime of each country's study. The program uses similar reference materials to assist counties with their greenhouse gas emission inventories and evaluations of climate change vulnerability and adaptive responses. These guidelines serve three purposes: to assist countries in making decisions about the scope and methodology for mitigation assessments; to provide countries with guidance and step-by-step instructions on each element of a mitigation assessment; and to help countries determine which analytical tools are best suited to their needs and describe procedures for applying these tools. This book describes the application of the most common and readily available methods and analytical tools. Countries are encouraged, where appropriate, to use their own methods.

Managing Agricultural Greenhouse Gases

Managing Agricultural Greenhouse Gases PDF

Author: Mark Liebig

Publisher: Academic Press

Published: 2012-10-16

Total Pages: 572

ISBN-13: 012386898X

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Global climate change is a natural process that currently appears to be strongly influenced by human activities, which increase atmospheric concentrations of greenhouse gases (GHG). Agriculture contributes about 20% of the world’s global radiation forcing from carbon dioxide, methane and nitrous oxide, and produces 50% of the methane and 70% of the nitrous oxide of the human-induced emission. Managing Agricultural Greenhouse Gases synthesizes the wealth of information generated from the GRACEnet (Greenhouse gas Reduction through Agricultural Carbon Enhancement network) effort with contributors from a variety of backgrounds, and reports findings with important international applications. Frames responses to challenges associated with climate change within the geographical domain of the U.S., while providing a useful model for researchers in the many parts of the world that possess similar ecoregions Covers not only soil C dynamics but also nitrous oxide and methane flux, filling a void in the existing literature Educates scientists and technical service providers conducting greenhouse gas research, industry, and regulators in their agricultural research by addressing the issues of GHG emissions and ways to reduce these emissions Synthesizes the data from top experts in the world into clear recommendations and expectations for improvements in the agricultural management of global warming potential as an aggregate of GHG emissions

Valuing Climate Damages

Valuing Climate Damages PDF

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-06-23

Total Pages: 281

ISBN-13: 0309454204

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The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.

Evaluating Options for U.S. Greenhouse-Gas Mitigation Using Multiple Criteria

Evaluating Options for U.S. Greenhouse-Gas Mitigation Using Multiple Criteria PDF

Author: Nicholas Burger

Publisher: Rand Corporation

Published: 2014-05-20

Total Pages: 80

ISBN-13: 0833052934

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Choosing policy responses to mitigate greenhouse gases (GHGs) is one of the great challenges that the United States faces. It will require balancing cost-effectiveness and other objectives that reflect the institutional and political realities of passing major federal legislation with widespread impacts on U.S. producers and consumers. This paper develops a framework for evaluating U.S. GHG-mitigation policy that balances several criteria.

The Economic Consequences of Climate Change

The Economic Consequences of Climate Change PDF

Author: OECD

Publisher: OECD Publishing

Published: 2015-11-03

Total Pages: 141

ISBN-13: 9264235418

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This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond.

Policy Implications of Greenhouse Warming

Policy Implications of Greenhouse Warming PDF

Author: National Academy of Engineering

Publisher: National Academies Press

Published: 1992-02-01

Total Pages: 945

ISBN-13: 0309043867

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Global warming continues to gain importance on the international agenda and calls for action are heightening. Yet, there is still controversy over what must be done and what is needed to proceed. Policy Implications of Greenhouse Warming describes the information necessary to make decisions about global warming resulting from atmospheric releases of radiatively active trace gases. The conclusions and recommendations include some unexpected results. The distinguished authoring committee provides specific advice for U.S. policy and addresses the need for an international response to potential greenhouse warming. It offers a realistic view of gaps in the scientific understanding of greenhouse warming and how much effort and expense might be required to produce definitive answers. The book presents methods for assessing options to reduce emissions of greenhouse gases into the atmosphere, offset emissions, and assist humans and unmanaged systems of plants and animals to adjust to the consequences of global warming.

Economic analysis of greenhouse gas mitigation potential in the US forest sector

Economic analysis of greenhouse gas mitigation potential in the US forest sector PDF

Author: Justin Baker

Publisher: RTI Press

Published: 2017-08-30

Total Pages: 8

ISBN-13:

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This study conducted an economic analysis of future US forest mitigation potential using a detailed economic model of the global forestry sector. The scenario design included a wide range of possible future carbon price incentives and climate policy structures (unilateral and global mitigation). Results across all scenarios show US forest sector mitigation potential ranging from 54 to 292 MtCO2e between 2015 and 2030 (5 to 47 percent of the additional mitigation needed to achieve the 26 to 28 percent emissions reduction target). The results from this study suggest that the US forest sector can play an important role in global greenhouse gas mitigation efforts, including efforts to meet any potential future US mitigation targets.

The Economics of Climate Change Policy

The Economics of Climate Change Policy PDF

Author: Adam Rose

Publisher: Edward Elgar Publishing

Published: 2009

Total Pages: 648

ISBN-13:

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This important collection contains the author's pioneering and ongoing efforts to quantify equity principles to evaluate burden-sharing across countries and regions. It also examines policy impacts across industries and socioeconomic groups stemming from cap and trade, carbon taxes, fuel taxes, and strict regulation. It provides a basic understanding of the carbon cycle and drivers of GHG emissions, as well as a guide for developing mitigation action plans. The volume represents a valuable compendium of papers that are not otherwise readily accessible.