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http://hdl.handle.net/10419/29738
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| Title: | | Europe's twenties: a study using the WIATEC model  |
| Authors: | | Kemfert, Claudia Kremers, Hans Truong, Truong Phuoc |
| Issue Date: | | 2009 |
| Series/Report no.: | | Discussion papers // German Institute for Economic Research 913 |
| Abstract: | | In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence. Furthermore, they also indicate that there is a possibility that the existing allocations to the Europena sectors participating in the EU Emissions Trading Scheme (EU ETS) are on the low side, and therefore, there are still rooms for movement in the future. |
| Subjects: | | Climate policy Energy policy EU 20-20-20 plan EU Emission Trading System Computable General Equilibrium |
| JEL: | | C63 C68 D58 F11 F18 H21 O13 P28 Q54 Q58 R13 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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