Skip to main content

Development of Reduced-Form Models to Evaluate Macroeconomic Impacts of Greenhouse Gas Mitigation

Buy Article:

$29.95 plus tax (Refund Policy)

Since 2000, more than thirty-fi ve states have or are developing comprehensive plans to mitigate greenhouse gas (GHG) emissions and to achieve related public policy goals. Most State Climate Action Plans include detailed micro-level analyses of the mitigation policy options focusing on the direct costs/savings associated with the implementation of the options. Estimation of the macroeconomic impacts of a policy on future employment and income typically requires the use of sophisticated modeling tools, whose application is often costly and time-consuming, and thus is often prohibitive at an early phase of the policy evaluation process. In this paper, we develop reduced form statistical models that can be used to quickly and relatively inexpensively predict the likely macroeconomic impacts of various climate mitigation options. The regression models are built based on the macroeconomic modeling results of 92 GHG mitigation policy options across four major states in the U.S.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: CLIMATE ACTION PLANS; GHG MITIGATION OPTIONS; MACROECONOMIC IMPACTS; REDUCED-FORM MODEL

Document Type: Research Article

Publication date: 2015-04-01

More about this publication?
  • Welcome to the home page of the Journal of Sustainable Energy Engineering (JSEE), committed to publishing peer-reviewed original research seeking sustainable methods of worldwide energy production through engineering, scientific, and technological advances.
  • Editorial Board
  • Submit a Paper
  • Subscribe to this Title
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more