Article ID: | iaor20131518 |
Volume: | 55 |
Issue: | 5-6 |
Start Page Number: | 190 |
End Page Number: | 207 |
Publication Date: | Apr 2013 |
Journal: | Energy Policy |
Authors: | Lschel Andreas, Hbler Michael |
Keywords: | economics |
We carry out a detailed computable general equilibrium (CGE) analysis of the EU Decarbonisation Roadmap 2050 on a macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 unilateral and 3 global climate action scenarios. We identify global climate action with international emissions trading and the full equalisation of CO