Economic Implications of Moving Toward Global Convergence on Emission Intensities
One key contentious issue in climate change negotiations is the huge difference in carbon dioxide (CO2) emissions per capita between more advanced industrialized countries and other nations. This paper analyzes the costs of reducing this gap. Simul...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/07/16458817/economic-implications-moving-toward-global-convergence-emission-intensities http://hdl.handle.net/10986/11931 |
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okr-10986-119312021-04-23T14:02:58Z Economic Implications of Moving Toward Global Convergence on Emission Intensities Timilsina, Govinda R. ABSOLUTE EMISSIONS AGGREGATE EMISSION AGGREGATE EMISSIONS ANTHROPOGENIC INTERFERENCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS AVERAGE TEMPERATURE BUSINESS AS USUAL SCENARIO CARBON CARBON DIOXIDE CARBON EMISSION CARBON TAX CARBON TAXES CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE AGREEMENT CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE CHANGE NEGOTIATIONS CLIMATE CHANGE POLICIES CLIMATE POLICY CLIMATE SYSTEM CO2 COAL COMPUTABLE GENERAL EQUILIBRIUM MODEL CONVERGENCE DEMAND FOR ENERGY DEPLOYMENT OF CLEAN ENERGY TECHNOLOGIES DEVELOPMENT ECONOMICS DIESEL DIVERGENCE DOMESTIC PRODUCTION DOMESTIC SUPPLY ECOLOGICAL ECONOMICS ECOLOGICAL ZONES ECONOMIC COSTS ECONOMIC GROWTH ECONOMIC IMPACTS ECONOMIC THEORY ECONOMICS OF CLIMATE CHANGE ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION EMISSION EMISSION ABATEMENT EMISSION INTENSITIES EMISSION INTENSITY EMISSION INTENSIVE EMISSION LEVEL EMISSION LEVELS EMISSION PER CAPITA EMISSION REDUCTION EMISSIONS EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS INTENSITY EMISSIONS REDUCTION ENERGY CAPITAL ENERGY CONSUMPTION ENERGY DEMAND ENERGY EFFICIENCY ENERGY POLICY ENERGY SYSTEM ENVIRONMENTAL POLITICS ETHANOL FINANCIAL SUPPORT FOREST FOREST LAND FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FREE TRADE GAS GHG GHGS GLOBAL EMISSIONS GREENHOUSE GREENHOUSE GASES HISTORICAL EMISSION HOUSEHOLD EXPENDITURES HOUSEHOLD SECTOR IMPORTS INCOME INTERNATIONAL ENERGY AGENCY IPCC LAND USE LAND USE CHANGE LAND-USE CHANGE LONG-TERM CLIMATE CHANGE NATIONAL INCOME NUCLEAR POWER NUCLEAR POWER PLANTS OIL OILS PETROLEUM PRODUCTS POLICY MAKERS POWER GENERATION POWER PLANTS REGIONAL EMISSION TAX RATES TEMPERATURE TOTAL DEMAND WORLD ENERGY WORLD ENERGY OUTLOOK One key contentious issue in climate change negotiations is the huge difference in carbon dioxide (CO2) emissions per capita between more advanced industrialized countries and other nations. This paper analyzes the costs of reducing this gap. Simulations using a global computable general equilibrium model show that the average the carbon dioxide intensity of advanced industrialized countries would remain almost twice as high as the average for other countries in 2030, even if the former group adopted a heavy uniform carbon tax of $250/tCO2 that reduced their emissions by 57 percent from the baseline. Global emissions would fall only 18 percent, due to an increase in emissions in the other countries. This reduction may not be adequate to move toward 2050 emission levels that avoid dangerous climate change. The tax would reduce Annex I countries' gross domestic product by 2.4 percent, and global trade volume by 2 percent. The economic costs of the tax vary significantly across countries, with heavier burdens on fossil fuel intensive economies such as Russia, Australia, the United Kingdom and the United States. 2012-12-07T17:57:50Z 2012-12-07T17:57:50Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16458817/economic-implications-moving-toward-global-convergence-emission-intensities http://hdl.handle.net/10986/11931 English en_US Policy Research Working Paper; No. 6115 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSOLUTE EMISSIONS AGGREGATE EMISSION AGGREGATE EMISSIONS ANTHROPOGENIC INTERFERENCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS AVERAGE TEMPERATURE BUSINESS AS USUAL SCENARIO CARBON CARBON DIOXIDE CARBON EMISSION CARBON TAX CARBON TAXES CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE AGREEMENT CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE CHANGE NEGOTIATIONS CLIMATE CHANGE POLICIES CLIMATE POLICY CLIMATE SYSTEM CO2 COAL COMPUTABLE GENERAL EQUILIBRIUM MODEL CONVERGENCE DEMAND FOR ENERGY DEPLOYMENT OF CLEAN ENERGY TECHNOLOGIES DEVELOPMENT ECONOMICS DIESEL DIVERGENCE DOMESTIC PRODUCTION DOMESTIC SUPPLY ECOLOGICAL ECONOMICS ECOLOGICAL ZONES ECONOMIC COSTS ECONOMIC GROWTH ECONOMIC IMPACTS ECONOMIC THEORY ECONOMICS OF CLIMATE CHANGE ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION EMISSION EMISSION ABATEMENT EMISSION INTENSITIES EMISSION INTENSITY EMISSION INTENSIVE EMISSION LEVEL EMISSION LEVELS EMISSION PER CAPITA EMISSION REDUCTION EMISSIONS EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS INTENSITY EMISSIONS REDUCTION ENERGY CAPITAL ENERGY CONSUMPTION ENERGY DEMAND ENERGY EFFICIENCY ENERGY POLICY ENERGY SYSTEM ENVIRONMENTAL POLITICS ETHANOL FINANCIAL SUPPORT FOREST FOREST LAND FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FREE TRADE GAS GHG GHGS GLOBAL EMISSIONS GREENHOUSE GREENHOUSE GASES HISTORICAL EMISSION HOUSEHOLD EXPENDITURES HOUSEHOLD SECTOR IMPORTS INCOME INTERNATIONAL ENERGY AGENCY IPCC LAND USE LAND USE CHANGE LAND-USE CHANGE LONG-TERM CLIMATE CHANGE NATIONAL INCOME NUCLEAR POWER NUCLEAR POWER PLANTS OIL OILS PETROLEUM PRODUCTS POLICY MAKERS POWER GENERATION POWER PLANTS REGIONAL EMISSION TAX RATES TEMPERATURE TOTAL DEMAND WORLD ENERGY WORLD ENERGY OUTLOOK |
| spellingShingle |
ABSOLUTE EMISSIONS AGGREGATE EMISSION AGGREGATE EMISSIONS ANTHROPOGENIC INTERFERENCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS AVERAGE TEMPERATURE BUSINESS AS USUAL SCENARIO CARBON CARBON DIOXIDE CARBON EMISSION CARBON TAX CARBON TAXES CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE AGREEMENT CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE CHANGE NEGOTIATIONS CLIMATE CHANGE POLICIES CLIMATE POLICY CLIMATE SYSTEM CO2 COAL COMPUTABLE GENERAL EQUILIBRIUM MODEL CONVERGENCE DEMAND FOR ENERGY DEPLOYMENT OF CLEAN ENERGY TECHNOLOGIES DEVELOPMENT ECONOMICS DIESEL DIVERGENCE DOMESTIC PRODUCTION DOMESTIC SUPPLY ECOLOGICAL ECONOMICS ECOLOGICAL ZONES ECONOMIC COSTS ECONOMIC GROWTH ECONOMIC IMPACTS ECONOMIC THEORY ECONOMICS OF CLIMATE CHANGE ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION EMISSION EMISSION ABATEMENT EMISSION INTENSITIES EMISSION INTENSITY EMISSION INTENSIVE EMISSION LEVEL EMISSION LEVELS EMISSION PER CAPITA EMISSION REDUCTION EMISSIONS EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS INTENSITY EMISSIONS REDUCTION ENERGY CAPITAL ENERGY CONSUMPTION ENERGY DEMAND ENERGY EFFICIENCY ENERGY POLICY ENERGY SYSTEM ENVIRONMENTAL POLITICS ETHANOL FINANCIAL SUPPORT FOREST FOREST LAND FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FREE TRADE GAS GHG GHGS GLOBAL EMISSIONS GREENHOUSE GREENHOUSE GASES HISTORICAL EMISSION HOUSEHOLD EXPENDITURES HOUSEHOLD SECTOR IMPORTS INCOME INTERNATIONAL ENERGY AGENCY IPCC LAND USE LAND USE CHANGE LAND-USE CHANGE LONG-TERM CLIMATE CHANGE NATIONAL INCOME NUCLEAR POWER NUCLEAR POWER PLANTS OIL OILS PETROLEUM PRODUCTS POLICY MAKERS POWER GENERATION POWER PLANTS REGIONAL EMISSION TAX RATES TEMPERATURE TOTAL DEMAND WORLD ENERGY WORLD ENERGY OUTLOOK Timilsina, Govinda R. Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| relation |
Policy Research Working Paper; No. 6115 |
| description |
One key contentious issue in climate
change negotiations is the huge difference in carbon dioxide
(CO2) emissions per capita between more advanced
industrialized countries and other nations. This paper
analyzes the costs of reducing this gap. Simulations using a
global computable general equilibrium model show that the
average the carbon dioxide intensity of advanced
industrialized countries would remain almost twice as high
as the average for other countries in 2030, even if the
former group adopted a heavy uniform carbon tax of $250/tCO2
that reduced their emissions by 57 percent from the
baseline. Global emissions would fall only 18 percent, due
to an increase in emissions in the other countries. This
reduction may not be adequate to move toward 2050 emission
levels that avoid dangerous climate change. The tax would
reduce Annex I countries' gross domestic product by 2.4
percent, and global trade volume by 2 percent. The economic
costs of the tax vary significantly across countries, with
heavier burdens on fossil fuel intensive economies such as
Russia, Australia, the United Kingdom and the United States. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Timilsina, Govinda R. |
| author_facet |
Timilsina, Govinda R. |
| author_sort |
Timilsina, Govinda R. |
| title |
Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| title_short |
Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| title_full |
Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| title_fullStr |
Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| title_full_unstemmed |
Economic Implications of Moving Toward Global Convergence on Emission Intensities |
| title_sort |
economic implications of moving toward global convergence on emission intensities |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/07/16458817/economic-implications-moving-toward-global-convergence-emission-intensities http://hdl.handle.net/10986/11931 |
| _version_ |
1764418527211552768 |