Carbon Abatement Costs and Climate Change Finance (Policy Analyses in International Economics)

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9780881326079: Carbon Abatement Costs and Climate Change Finance (Policy Analyses in International Economics)
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Envoys at the recent United Nations meeting in Cancun, Mexico, agreed to a climateprotection package, which included a fund that would manage a significant share; of the $100 billion pledged in 2009 by developed countries for poorer nations. The money pledged begs the very real question of what are the real economic costs of a coordinated international effort to curb global warming? Cline, whose previous work in this area has garnered a number of awards, develops a framework that helps determine these costs. He defines an emissions baseline for each of the 25 largest emitting nations (the European Union is treated as a single entity in this study) and looks at trends in population growth, per capita GDP growth, growth in the energy efficiency of output, and how much carbon dioxide emission can be reduced going forward. Carbon Abatement Costs and Climate Change Finance also investigates the policy paths needed to not only abate carbon dioxide emissions growth but also decrease it.

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About the Author:

William R. Cline, senior fellow at PIIE, holds a joint appointment at the Center for Global Development. His work has won the Harold and Margaret Sprout Prize for best book on international environmental affairs as well as the Choice OAT award.

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William Cline
Published by The Peterson Institute for International Economics, United States (2011)
ISBN 10: 0881326070 ISBN 13: 9780881326079
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Book Description The Peterson Institute for International Economics, United States, 2011. Paperback. Condition: New. Language: English . Brand New Book. This study provides alternative estimates of the costs of greenhouse gas abatement through 2050 that would be necessary to limit CO2 atmospheric concentrations to approximately 450 parts per million and limiting warming to 2C. Specific estimates are provided for 25 major economies (with the European Union as a single economy). Business as usual baselines are first developed, based on US Department of Energy projections through 2030 and on maintenance of country-specific trends in GDP growth, energy efficiency growth, and carbon-efficiency of energy growth thereafter. The central policy simulation then involves a Copenhagen Convergence path, in which major economies meet their Copenhagen (December 2009) pledges for 2020, and thereafter emissions per capita decline along a path that by 2050 results in equal per capita emissions in all countries. Three abatement cost functions are used for calculating the resulting abatement costs: a model based on McKinsey Co. estimates for 2030; the Nordhaus RICE model cost functions; and a set of summary cost regressions calculated from the Stanford Energy Modeling Forum (EMF-22) survey of abatement models. It is found that abatement costs should be moderate, reaching about one-fourth to two-thirds of one percent of GDP by 2030 and 1 to 2 percent of GDP by 2050. Costs can be reduced by international trading, but by less than generally perceived. A more ambitious early start on abatement than pledged at Copenhagen could reduce full-period costs. The study calculates corresponding magnitudes of investment for abatement as well as adaptation costs for developing countries, and identifies a benchmark of about $80 billion annually (excluding China) by 2020, lending support to the $100 billion target pledged for industrial country financial support by that year. Seller Inventory # AAH9780881326079

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William Cline
Published by The Peterson Institute for International Economics, United States (2011)
ISBN 10: 0881326070 ISBN 13: 9780881326079
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Book Description The Peterson Institute for International Economics, United States, 2011. Paperback. Condition: New. Language: English. Brand new Book. This study provides alternative estimates of the costs of greenhouse gas abatement through 2050 that would be necessary to limit CO2 atmospheric concentrations to approximately 450 parts per million and limiting warming to 2°C. Specific estimates are provided for 25 major economies (with the European Union as a single economy). Business as usual baselines are first developed, based on US Department of Energy projections through 2030 and on maintenance of country-specific trends in GDP growth, energy efficiency growth, and carbon-efficiency of energy growth thereafter. The central policy simulation then involves a "Copenhagen Convergence" path, in which major economies meet their Copenhagen (December 2009) pledges for 2020, and thereafter emissions per capita decline along a path that by 2050 results in equal per capita emissions in all countries. Three abatement cost functions are used for calculating the resulting abatement costs: a model based on McKinsey & Co. estimates for 2030; the Nordhaus RICE model cost functions; and a set of summary cost regressions calculated from the Stanford Energy Modeling Forum (EMF-22) survey of abatement models. It is found that abatement costs should be moderate, reaching about one-fourth to two-thirds of one percent of GDP by 2030 and 1 to 2 percent of GDP by 2050. Costs can be reduced by international trading, but by less than generally perceived. A more ambitious early start on abatement than pledged at Copenhagen could reduce full-period costs. The study calculates corresponding magnitudes of investment for abatement as well as adaptation costs for developing countries, and identifies a benchmark of about $80 billion annually (excluding China) by 2020, lending support to the $100 billion target pledged for industrial country financial support by that year. Seller Inventory # AAH9780881326079

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William Cline
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Book Description The Peterson Institute for International Economics, United States, 2011. Paperback. Condition: New. Language: English. Brand new Book. This study provides alternative estimates of the costs of greenhouse gas abatement through 2050 that would be necessary to limit CO2 atmospheric concentrations to approximately 450 parts per million and limiting warming to 2°C. Specific estimates are provided for 25 major economies (with the European Union as a single economy). Business as usual baselines are first developed, based on US Department of Energy projections through 2030 and on maintenance of country-specific trends in GDP growth, energy efficiency growth, and carbon-efficiency of energy growth thereafter. The central policy simulation then involves a "Copenhagen Convergence" path, in which major economies meet their Copenhagen (December 2009) pledges for 2020, and thereafter emissions per capita decline along a path that by 2050 results in equal per capita emissions in all countries. Three abatement cost functions are used for calculating the resulting abatement costs: a model based on McKinsey & Co. estimates for 2030; the Nordhaus RICE model cost functions; and a set of summary cost regressions calculated from the Stanford Energy Modeling Forum (EMF-22) survey of abatement models. It is found that abatement costs should be moderate, reaching about one-fourth to two-thirds of one percent of GDP by 2030 and 1 to 2 percent of GDP by 2050. Costs can be reduced by international trading, but by less than generally perceived. A more ambitious early start on abatement than pledged at Copenhagen could reduce full-period costs. The study calculates corresponding magnitudes of investment for abatement as well as adaptation costs for developing countries, and identifies a benchmark of about $80 billion annually (excluding China) by 2020, lending support to the $100 billion target pledged for industrial country financial support by that year. Seller Inventory # BTE9780881326079

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Book Description Peterson Institute for International Economics. Paperback. Condition: New. 139 pages. Dimensions: 8.9in. x 6.0in. x 0.4in.Envoys at the recent United Nations meeting in Cancun, Mexico, agreed to a climateprotection package, which included a fund that would manage a significant share; of the 100 billion pledged in 2009 by developed countries for poorer nations. The money pledged begs the very real question of what are the real economic costs of a coordinated international effort to curb global warming Cline, whose previous work in this area has garnered a number of awards, develops a framework that helps determine these costs. He defines an emissions baseline for each of the 25 largest emitting nations (the European Union is treated as a single entity in this study) and looks at trends in population growth, per capita GDP growth, growth in the energy efficiency of output, and how much carbon dioxide emission can be reduced going forward. Carbon Abatement Costs and Climate Change Finance also investigates the policy paths needed to not only abate carbon dioxide emissions growth but also decrease it. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Seller Inventory # 9780881326079

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Book Description Paperback. Condition: New. Paperback. This study provides alternative estimates of the costs of greenhouse gas abatement through 2050 that would be necessary to limit CO2 atmospheric concentrations to approximately 450 parts p.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 256 pages. 0.227. Seller Inventory # 9780881326079

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