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Integrated Assessment of Climate Catastrophes with Endogenous Uncertainty: Does the Risk of Ice Sheet Collapse Justify Precautionary Mitigation? 具有内生不确定性的气候灾害的综合评估:冰盖崩塌的风险是否证明预防性缓解是合理的?
Pub Date : 2015-07-09 DOI: 10.2139/ssrn.2628601
Delavane Diaz
Greenhouse gas policies confront the trade-off between the costs of reducing emissions and the benefits of avoided climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter, and one that has not yet been well incorporated into economic models for climate change policy analysis. This paper demonstrates a multistage stochastic programming framework for catastrophe modeling with endogenous uncertainty, applied to a benchmark integrated assessment model. This study moves beyond recent catastrophe or tipping point studies with arbitrary risk, instead investigating the specific threat of the uncertain collapse of the West Antarctic Ice Sheet (WAIS), characterized in accordance with recent expert elicitations, empirical results, and physical relationships. The stochastic DICE-WAIS model introduced here informs risk management strategies that balance uncertain future climate change impacts with the costs of mitigation investments today. This work finds that accounting for the consequences of the possible WAIS collapse in a stochastic setting with endogenous uncertainty leads to more stringent climate policy recommendations (increasing the CO2 control rate by an additional 4% of global emissions and raising the social cost of carbon by $10), reflecting the need to hedge against uncertainties with downside risk as well as pursue precautionary mitigation.
温室气体政策面临着减少排放的成本与避免气候变化带来的好处之间的权衡。不确定的和可能不可逆转的灾难的风险是与后者相关的一个重要问题,也是一个尚未被很好地纳入气候变化政策分析的经济模型的问题。本文提出了一种具有内生不确定性的多阶段随机规划框架,并将其应用于基准综合评估模型。这项研究超越了最近的灾难或具有任意风险的临界点研究,而是调查了南极西部冰盖(WAIS)不确定崩塌的具体威胁,其特征与最近的专家总结、经验结果和物理关系一致。本文介绍的随机DICE-WAIS模型为平衡不确定的未来气候变化影响与当前缓解投资成本的风险管理战略提供了信息。这项工作发现,考虑到在具有内生不确定性的随机环境中WAIS可能崩溃的后果,可以提出更严格的气候政策建议(将全球排放量的二氧化碳控制率再提高4%,并将碳的社会成本提高10美元),这反映出需要对冲具有下行风险的不确定性,并寻求预防性缓解。
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引用次数: 7
The Rise and Fall of the Great Fish Pact Under Endogenous Risk of Stock Collapse 种群崩溃内生风险下《渔业大公约》的兴衰
Pub Date : 2015-06-24 DOI: 10.2139/ssrn.2622409
Adam N. Walker, H. Weikard, A. Richter
Risk of stock collapse is a genuine motivation for cooperative fisheries management. We analyse the effect of an endogenously determined risk of stock collapse on the incentives to cooperate in a Great Fish War model. We establish that equilibrium harvest strategies are non-linear in stock and find that Grand Coalitions can be stable for any number of players if free-riding results in a total depletion of the fish stock. The results thus show conditions under which a Great Fish War becomes a Great Fish Pact. However, this conclusion no longer holds upon dropping the standard assumption that payoffs are evaluated in steady states. If payoffs in the transition between steady states are included, the increased incentives to deviate offset the increased benefits from cooperation due to the presence of endogenous risk and the Great Fish Pact returns to being a Great Fish War.
种群崩溃的风险是合作渔业管理的真正动机。在鱼战模型中,我们分析了种群崩溃的内生决定风险对合作激励的影响。我们建立了均衡收获策略在种群中是非线性的,并且发现大联盟对于任何数量的参与者都是稳定的,如果搭便车导致鱼类种群的总枯竭。因此,研究结果表明,在何种条件下,“大鱼大战”变成了“大鱼条约”。然而,在放弃在稳定状态下评估收益的标准假设后,这一结论不再成立。如果将稳定状态之间过渡的收益包括在内,则由于存在内生风险而增加的偏离激励抵消了合作带来的增加收益,《大鱼公约》将回归为一场大鱼大战。
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引用次数: 1
Greening Up or Not? The Determinants Political Parties’ Environmental Concern: An Empirical Analysis Based on European Data (1970-2008) 绿化与否?政党环境关注的决定因素:基于欧洲数据的实证分析(1970-2008)
Pub Date : 2015-03-20 DOI: 10.2139/ssrn.2596575
Benjamin Michallet, G. Gaeta, F. Facchini
Why do parties offer environmental policies in their political programs? While a number of papers examine the determinants of citizens’ pro-environmental behaviour, we know little about the extent to which political parties adjust their platform towards environmentalism. We investigate this process through data provided by the Manifesto Project Dataset (CMP) for 20 European countries over the period 1970-2008. Following the literature on public concern towards environment, we examine economic, environmental and political determinants. Our findings provide evidence that political parties’ environmental concern is strongly correlated with their political ideology and with country-level economic conditions.
为什么政党在他们的政治纲领中提出环境政策?虽然许多论文研究了公民亲环境行为的决定因素,但我们对政党在多大程度上调整其平台以适应环境主义知之甚少。我们通过宣言项目数据集(CMP)提供的1970-2008年期间20个欧洲国家的数据来调查这一过程。根据公众对环境关注的文献,我们研究了经济、环境和政治决定因素。我们的研究结果证明,政党对环境的关注与其政治意识形态和国家层面的经济状况密切相关。
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引用次数: 9
The Passive Use Value of the Mediterranean Forest 地中海森林的被动利用价值
Pub Date : 2014-10-17 DOI: 10.2139/ssrn.2511284
Vladimir Otrachshenkoy
In this study we estimate the passive use value of forest in different ecological zones in the Mediterranean region. We estimate these values for forests using meta-analysis. These estimates are used to reveal the annual monetary values per hectare for each country. The total annual amount of passive use value of the Mediterranean forest is about one billion international dollars. The estimated passive use value of the forest from this study can be used to account for the social welfare loss caused by fire, insects, diseases, biotic agents, and abiotic factors.
本研究估算了地中海地区不同生态区森林的被动利用价值。我们使用元分析来估计森林的这些值。这些估计值用于揭示每个国家每公顷的年度货币价值。每年地中海森林的被动利用价值总额约为10亿国际美元。本研究估算的森林被动利用价值可以用来解释火灾、虫害、疾病、生物制剂和非生物因素造成的社会福利损失。
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引用次数: 1
Energy Poverty Alleviation and Climate Change Mitigation: Is There a Trade Off? 缓解能源贫困与减缓气候变化:是否存在取舍?
Pub Date : 2013-04-05 DOI: 10.2139/ssrn.2245631
Shoibal Chakravarty, M. Tavoni
Energy poverty alleviation has become an important political issue in the most recent years. Several initiatives and policies have been proposed to deal with poor access to modern sources of energy in many developing countries. Given the large number of people lacking basic energy services, an important question is whether providing universal access to modern energy could significantly increase CO2 emissions. This paper provides one of the few formal assessments of this problem by means of a simple but robust model of current and future energy consumption. The model allows mapping energy consumption globally for different classes of energy use, quantifying current and future imbalances in the distribution of energy consumption. Our results indicate that an energy poverty eradication policy to be met by 2030 would increase global final energy consumption by about 7% (or 19EJ). This is the same quantity of energy which would be added between now and 2030 by individuals with energy consumption above current European standards. The additional energy infrastructure needed to eradicate energy poverty would produce 16-131 GtCO2 over the 21st century and contribute at most 0.1C of additional warming.
近年来,能源扶贫已成为一个重要的政治问题。已经提出了若干倡议和政策,以解决许多发展中国家难以获得现代能源的问题。鉴于大量人口缺乏基本能源服务,一个重要的问题是,普及现代能源是否会显著增加二氧化碳排放。本文通过一个简单但稳健的当前和未来能源消耗模型,为这一问题提供了为数不多的正式评估之一。该模型允许绘制全球不同能源使用类别的能源消耗地图,量化当前和未来能源消耗分布的不平衡。我们的研究结果表明,到2030年实现能源贫困消除政策将使全球最终能源消费增加约7%(或19EJ)。这相当于从现在到2030年,能源消耗高于当前欧洲标准的个人所增加的能源量。在21世纪,消除能源贫困所需的额外能源基础设施将产生16-131亿吨二氧化碳,最多造成0.1摄氏度的额外变暖。
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引用次数: 157
Quantifying Sustainability: A New Approach and World Ranking 量化可持续发展:一种新的方法和世界排名
Pub Date : 2013-01-15 DOI: 10.2139/ssrn.2200903
C. Carraro, L. Campagnolo, F. Eboli, E. Lanzi, R. Parrado, E. Portale
This paper proposes a new tool to assess sustainability and make the concept of sustainable development operational. It considers its multi-dimensional structure combining the information deriving from a selection of relevant sustainability indicators belonging to economic, social and environmental pillars. It reproduces the dynamics of these indicators over time and countries. Then, it aggregates these indicators using a new approach based on Choquet’s integrals. The main novelties of this approach are indeed: (i) the modelling framework, a recursive-dynamic computable general equilibrium used to calculate the evolution of all indicators over time throughout the world, and (ii) the aggregation methodology to reconcile them in one aggregate index to measure overall sustainability. The former allows capturing the sector and regional interactions and higher-order effects driven by background assumptions on relevant variables to depict future scenarios. The latter makes it possible to compare sustainability performances, under alternative scenarios, across countries and over time. Main results show that the current sustainability at world level differs from what the traditional measure of well-being, the GDP, depicts, highlighting the trade-offs among different components of sustainability. Moreover, in the next decade a slight decrease in world sustainability may occur, in spite of an expected increase in world domestic product. Finally, dedicated policies increase overall sustainability, showing that social and environmental benefits may be greater than the correlated economic costs.
本文提出了一种新的工具来评估可持续性,并使可持续发展的概念付诸实施。它考虑其多维结构,结合从属于经济、社会和环境支柱的一系列相关可持续性指标中获得的信息。它再现了这些指标随时间和国家的动态变化。然后,它使用基于Choquet积分的新方法来汇总这些指标。这种方法的主要新颖之处确实是:(i)建模框架,一种递归动态可计算的一般均衡,用于计算全世界所有指标随时间的演变,以及(ii)汇总方法,将它们调和在一个汇总指数中,以衡量总体可持续性。前者允许捕获部门和区域的相互作用以及由相关变量的背景假设驱动的高阶效应,以描绘未来情景。后者使在不同情况下、不同时期比较可持续性绩效成为可能。主要结果表明,当前世界水平的可持续性与传统的幸福指标GDP所描述的不同,突出了可持续性不同组成部分之间的权衡。此外,在今后十年,尽管世界国内生产总值预计会增加,但世界的可持续性可能会略有下降。最后,专门的政策提高了整体的可持续性,这表明社会和环境效益可能大于相关的经济成本。
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引用次数: 7
Bioenergy and CO2 Sequestration: Climate Policies Beyond Technological Constraints 生物能源和二氧化碳封存:超越技术限制的气候政策
Pub Date : 2012-12-20 DOI: 10.2139/ssrn.2192031
Ruben Bibas, Aurélie Méjean
This paper examines the role of electricity production from biomass with and without carbon capture and storage in sustaining low CO2 emission pathways to 2100. It quantifies the effect of the availability of biomass resources and technologies within a general equilibrium framework. Biomass-fed integrated gasification combined cycle technology is introduced into the electricity module of IMACLIM-R, a hybrid general equilibrium model. We assess the robustness of this technology, with and without carbon capture and storage, as a way of reaching the 550 ppm stabilization target. The impact of a uniform CO2 tax on energy prices and world GDP is examined, together with the structure of the electricity mix. The influence of additional climate mitigation policies, such as alternative recycling of tax revenues and infrastructure policies is also discussed.
本文研究了在2100年之前,有或没有碳捕获和储存的生物质发电在维持低二氧化碳排放途径中的作用。它量化了在一般平衡框架内可利用生物量资源和技术的影响。在混合一般平衡模型IMACLIM-R的电力模块中引入了生物质供气综合气化联合循环技术。我们评估了该技术的稳健性,无论有无碳捕获和储存,作为达到550ppm稳定目标的一种方式。研究了统一的二氧化碳税对能源价格和世界GDP的影响,以及电力结构的影响。还讨论了其他气候缓解政策的影响,如税收收入的替代回收和基础设施政策。
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引用次数: 0
Advanced Biofuels: Future Perspectives from an Expert Elicitation Survey 先进生物燃料:来自专家启发调查的未来展望
Pub Date : 2012-10-17 DOI: 10.2139/ssrn.2162834
G. Fiorese, M. Catenacci, Elena Verdolini, V. Bosetti
This paper illustrates the main results of an expert elicitation survey on advanced (second and third generation) biofuel technologies. The survey focuses on eliciting probabilistic information on the future costs of advanced biofuels and on the potential role of Research, Development and Demonstration (RD&D) efforts in reducing these costs and in supporting the deployment of biofuels in Organisation for Economic Co-operation and Development (OECD) and non-OECD countries. Fifteen leading experts from different EU member states provide insights on the future potential of advanced biofuel technologies both in terms of costs and diffusion. This information results in a number of policy recommendations with respect to public RD&D strategies and is an important contribution to the integrated assessment modelling community.
本文阐述了关于先进(第二代和第三代)生物燃料技术的专家启发调查的主要结果。该调查的重点是获取关于先进生物燃料未来成本的概率信息,以及研究、开发和示范(RD&D)努力在降低这些成本和支持在经济合作与发展组织(OECD)和非经合组织国家部署生物燃料方面的潜在作用。来自不同欧盟成员国的15位顶尖专家就先进生物燃料技术在成本和扩散方面的未来潜力提供了见解。这些信息产生了一些关于公共研发战略的政策建议,是对综合评估建模界的重要贡献。
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引用次数: 76
Economic Growth and the Environment with Clean and Dirty Consumption 经济增长与环境与清洁和肮脏消费
Pub Date : 2011-08-24 DOI: 10.2139/ssrn.1915838
C. Orecchia, M. Tessitore
This paper aims to verify the existence of the Environmental Kuznets Curve (EKC) or inverted U-shaped relationship between economic growth and environmental degradation in the context of endogenous growth. An important feature of this study is that the EKC is examined in the presence of pollution as a by product of consumption activities; also, pollution is a stock variable rather than a flow and tends to accumulate over time. In order to highlight the role of consumption on the environment, consumers do not consider directly pollution in the maximization problem and are assumed to choose between two different consumption types, characterized by a different impact on the environment (i.e. dirty and clean consumption). We find that substitution of dirty consumption with clean consumption alone is not sufficient to reduce environmental pollution. The result depends on the product differentiation and the cost to achieve it. From a social welfare perspective, more environmental awareness is unambiguously desirable when it generates less pollution. However, it could be that more environmental awareness leads to a lower level of social welfare depending on the costs of product differentiation and social marginal damage of pollution.
本文旨在验证内生增长背景下经济增长与环境退化之间是否存在环境库兹涅茨曲线(EKC)或倒u型关系。本研究的一个重要特点是,EKC是在污染作为消费活动的副产品存在的情况下进行检查的;此外,污染是一种存量变量,而不是流动变量,而且往往会随着时间的推移而积累。为了突出消费对环境的作用,在最大化问题中,消费者不直接考虑污染,假设消费者在两种不同的消费类型之间做出选择,这两种消费类型的特点是对环境的影响不同(即肮脏消费和清洁消费)。我们发现,仅用清洁消费替代肮脏消费不足以减少环境污染。结果取决于产品的差异化和实现差异化的成本。从社会福利的角度来看,更多的环境意识无疑是可取的,因为它产生的污染更少。然而,根据产品差异化的成本和污染的社会边际损害,更强的环境意识可能导致更低的社会福利水平。
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引用次数: 29
Myopic or Farsighted? An Experiment on Network Formation 近视还是远视?网络形成实验
Pub Date : 2011-02-01 DOI: 10.2139/ssrn.1871709
M. Mantovani, G. Kirchsteiger, A. Mauleon, Vincent Vannetelbosch
Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes myopic behavior of the agents in the sense that they do not forecast how others might react to their actions. Assuming that agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test these theories. Our results provide support for farsighted stability and strongly reject the idea of myopic behavior.
成对稳定性(Jackson and Wolinsky, 1996)是网络形成中的标准稳定性概念。它假设代理人的行为是短视的,因为他们不预测其他人对他们的行为会有什么反应。假设agent是有远见的,相关的稳定性概念已经被提出。我们设计了一个简单的网络形成实验来验证这些理论。我们的结果为远视稳定性提供了支持,并强烈反对近视行为的观点。
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引用次数: 32
期刊
FEEM: Climate Change & Sustainable Development (Topic)
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