On the climate policy implications of substitutability and flexibility in the economy: An in-depth integrated assessment model diagnostic

2017 ◽  
Vol 125 ◽  
pp. 289-298 ◽  
Author(s):  
Melanie Craxton ◽  
James Merrick ◽  
Christos Makridis ◽  
John Taggart
Keyword(s):  
Climate Policy ◽  
Integrated Assessment ◽  
Integrated Assessment Model ◽  
Assessment Model ◽  
Policy Implications ◽  
Model Diagnostic

scholarly journals Climate Policy Implications of Nonlinear Decline of Arctic Land Permafrost and Sea Ice

2017 ◽  
Author(s):  
Dmitry Yumashev ◽  
Chris Hope ◽  
Kevin Schaefer ◽  
Kathrin Riemann-Campe ◽  
Fernando Iglesias-Suarez ◽  
...  
Keyword(s):  
Sea Ice ◽  
Climate Policy ◽  
Arctic Sea Ice ◽  
Integrated Assessment Model ◽  
Assessment Model ◽  
Policy Implications ◽  
The Arctic ◽  
Solar Absorption ◽  
Albedo Feedback ◽  
The Impact

Arctic feedbacks will accelerate climate change and could jeopardise mitigation efforts. The permafrost carbon feedback releases carbon to the atmosphere from thawing permafrost and the sea ice albedo feedback increases solar absorption in the Arctic Ocean. A constant positive albedo feedback and zero permafrost feedback have been used in nearly all climate policy studies to date, while observations and models show that the permafrost feedback is significant and that both feedbacks are nonlinear. Using novel dynamic emulators in the integrated assessment model PAGE-ICE, we investigate nonlinear interactions of the two feedbacks with the climate and economy under a range of climate scenarios consistent with the Paris Agreement. The permafrost feedback interacts with the land and ocean carbon uptake processes, and the albedo feedback evolves through a sequence of nonlinear transitions associated with the loss of Arctic sea ice in different months of the year. The US’s withdrawal from the current national pledges could increase the total discounted economic impact of the two Arctic feedbacks until 2300 by $25 trillion, reaching nearly $120 trillion, while meeting the 1.5 °C and 2 °C targets will reduce the impact by an order of magnitude.

scholarly journals The role of biomaterials for the energy transition from the lens of a national integrated assessment model

2021 ◽  
Vol 167 (3-4) ◽  
Author(s):  
Camilla C. N. de Oliveira ◽  
Gerd Angelkorte ◽  
Pedro R. R. Rochedo ◽  
Alexandre Szklo
Keyword(s):  
Integrated Assessment ◽  
Energy Transition ◽  
Integrated Assessment Model ◽  
Assessment Model

MITIGATION COST AND CLIMATE DAMAGE VERSUS INCENTIVE SHIFTS OF CLIMATE COALITION

2016 ◽  
Vol 07 (04) ◽  
pp. 1650011
Author(s):  
ZILI YANG
Keyword(s):  
Climate Change ◽  
Bargaining Game ◽  
Integrated Assessment Model ◽  
Assessment Model ◽  
Policy Implications ◽  
Good Representation ◽  
Ghg Mitigation ◽  
Mitigation Cost ◽  
The Core ◽  
Cooperative Bargaining

Climate damage and greenhouse gas (GHG) mitigation cost plays important roles in a region’s willingness and incentives to join the global climate coalition. Negotiation of climate treaty can be modeled as a cooperative bargaining game of externality provision. The core of this game is a good representation of incentives of the participants. In this paper, we examine the relationship between the shocks of mitigation cost/climate damage and the shifts of the core of cooperative bargaining game of climate negotiation within the framework of RICE [Nordhaus and Yang, 1996. A regional dynamic general equilibrium model of alternative climate change strategies. American Economic Review, 86, 741–765], a widely used integrated assessment model (IAM) of climate change. Constructing a method that maps the core allocations onto a convex hull on the simplex of social welfare weights, we describe the scope of the core in simple metrics and capture the shifts of the core representation on the simplex in response to the shocks of mitigation cost and climate damage. A series of simulations are conducted in RICE to demonstrate the usefulness of the approach explored here. In addition, policy implications of methodological results are indicated.

scholarly journals Evaluation of Integrated Assessment Model hindcast experiments: A case study of the GCAM 3.0 land use module

2017 ◽  
Author(s):  
Abigail C. Snyder ◽  
Robert P. Link ◽  
Katherine V. Calvin
Keyword(s):  
Integrated Assessment ◽  
Structural Changes ◽  
Spatial Scales ◽  
Integrated Assessment Model ◽  
Assessment Model ◽  
Land Allocation ◽  
Time Period ◽  
Skill Scores ◽  
Performance Benchmarks

Abstract. Hindcasting experiments (conducting a model forecast for a time period in which observational data is available) are rarely undertaken in the Integrated Assessment Model (IAM) community. When they are undertaken, the results are often evaluated using global aggregates or otherwise highly aggregated skill scores that mask deficiencies. We select a set of deviation based measures that can be applied at different spatial scales (regional versus global) to make evaluating the large number of variable-region combinations in IAMs more tractable. We also identify performance benchmarks for these measures, based on the statistics of the observational dataset, that allow a model to be evaluated in absolute terms rather than relative to the performance of other models at similar tasks. This is key in the integrated assessment community, where there often are not multiple models conducting hindcast experiments to allow for model intercomparison. The performance benchmarks serve a second purpose, providing information about the reasons a model may perform poorly on a given measure and therefore identifying opportunities for improvement. As a case study, the measures are applied to the results of a past hindcast experiment focusing on land allocation in the Global Change Assessment Model (GCAM) version 3.0. We find quantitative evidence that global aggregates alone are not sufficient for evaluating IAMs, such as GCAM, that require global supply to equal global demand at each time period. Additionally, the deviation measures examined in this work successfully identity parametric and structural changes that may improve land allocation decisions in GCAM. Future work will involve implementing the suggested improvements to the GCAM land allocation system identified by the measures in this work, using the measures to quantify performance improvement due to these changes, and, ideally, applying these measures to other sectors of GCAM and other land allocation models.

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