Description
Book SynopsisThis book presents provides a rigorous yet accessible treatment of the main topics in climate change policy using a large body of research generated using WITCH (World Induced Technical Change Hybrid), an innovative and path-breaking integrated assessment model.
The authors give a particular emphasis to the analysis of technological change necessary to build low-carbon economies. The WITCH model can track all of the actions which impact the level of mitigation - such as R&D expenditures, investments in carbon-free technologies and adaptation, purchases of emission permits, or expenditures for carbon taxes - thus allowing for the evaluation of equilibrium responses stimulated by different climate policy tools. The chapters examine various questions to explore the future of climate change policy. Why is it so hard to achieve a global agreement that paves the way to widespread reductions of carbon dioxide and other greenhouse gas emissions? What are the technologies that would deliver clean energy without harming economic growth? And finally, how does uncertainty about future policies and future technologies affect choices in the present?
This innovative book will appeal to researchers, policy makers and academics interested in climate change policy.
Contributors: V. Bosetti, C. Carraro, E. De Cian, T. Longden, E. Massetti, L. Nicita, F. Sferra, A. Sgobbi, M. Tavoni
Trade Review‘Climate Change Mitigation, Technological Innovation and Adaptation outlines? ?the complexities associated with addressing climate change including economic structure,? ?technological innovation, and geopolitical willpower. By focusing on global economics, the text? ?considers barriers to climate policy and future energy transformation away from carbon to more? ?renewable sources. . . . Climate Change Mitigation, Technological Innovation and Adaptation provides readers? ?with a detailed evaluation of some of the barriers to progress in terms of addressing the causes? ?and consequences of climate change . . . This book will appeal to academics, researchers, and policy? ?makers interested in climate change policy and applied economics.’ -- International Social Science Review
Table of ContentsIntroduction 1. A Climate-Constrained World Emanuele Massetti 2. Shifting the Boundary: The Role of Innovation Lea Nicita 3. Getting to Yes Alessandra Sgobbi 4. Coping with Uncertainty Massimo Tavoni 5. Climate Policy and the Forestry Sector: The Role of Non-energy Emissions Valentina Bosetti 6. Adaptation and Mitigation: What is the Optimal Balance? Enrica De Cian 7. A Focus on the Latest Developments in the Modelling of Mitigation Options Thomas Longden and Fabio Sferra 8. Conclusions Emanuele Massetti and Massimo Tavoni 9. Complete List of Publications that Use WITCH Index
