Climate | Energy, Economy | Consumption
Models for the analysis of international interrelations of the EU ETS and of a CBAM - Summary
Two types of large-scale models with different modelling philosophies are used to quantify socioeconomic effects in scenarios in which the EU moves forward in climate policy and applies different design options under the EU emissions trading system (ETS) combined with a Carbon Border Adjustment (CBAM).One model, GEM-E3, is a computable general equilibrium model that follows neoclassical theory, wh...read more







