Facebook LinkedIn Twitter

IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

Non-CO2 Greenhouse Gases in the Second Generation Model

The Second Generation Model (SGM) was developed to analyze policies designed to reduce greenhouse gas emissions. This paper documents how greenhouse gas emissions are calculated in the SGM, and provides an application to several Energy Modeling Forum scenarios that stabilize radiative forcing by using policies that either exclusively limit CO2 emissions or include both CO2 and non-CO2 greenhouse gases. Additionally, this paper discusses an extension which includes advanced fossil generating technologies with CO2 capture and storage in the USA region of the SGM.

Purchase ( $25 )

Energy Specializations: Energy Modeling – Other; Energy and the Environment – Air Emissions (other than greenhouse gases); Energy and the Environment – Policy and Regulation

JEL Codes:
C59 - Econometric Modeling: Other
Q52 - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Keywords: Non-CO2 greenhouse gases, Climate change policy, Second generation model (SGM)

DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI3-15

Published in Multi-Greenhouse Gas Mitigation and Climate Policy, Special Issue #3 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.