How Inertia and Limited Potentials Affect the Timing of Sectoral Abatements in Optimal Climate Policy

This paper investigates the optimal timing of greenhouse gas abatement efforts in a multi-sectoral model with economic inertia, each sector having a limited abatement potential. It defines economic inertia as the conjunction of technical inertia --...

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Bibliographic Details
Main Authors:	Vogt-Schilb, Adrien, Meunier, Guy, Hallegatte, Stephane
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	ABATEMENT ABATEMENT COSTS ABATEMENT POTENTIAL ABATEMENT STRATEGIES AMOUNT OF ABATEMENT ANNUAL EMISSIONS AUTOMOBILE BASELINE EMISSIONS CAPITAL STOCKS CARBON BUDGET CARBON ECONOMY CARBON EMISSIONS CARBON PRICE CARBON PRICES CARBON TAXES CARBON TECHNOLOGIES CARS CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE PROBLEM CLIMATE POLICIES CLIMATE POLICY CLIMATIC CHANGE CO CO2 COAL COST ESTIMATES COST OF CARBON COSTS OF ABATEMENT CUMULATIVE EMISSIONS DISCOUNT FACTOR DISCOUNT RATE ECOLOGICAL ECONOMICS ECONOMIC COSTS ECONOMIC SECTORS ECONOMIC THEORY ELASTICITY ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION REDUCTIONS EMISSIONS EMISSIONS PATHWAYS EMISSIONS SCENARIOS ENERGY BUILDINGS ENERGY ECONOMICS ENERGY POLICY ENERGY SAVINGS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLICY EXTERNALITIES FORESTRY GHG GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS ABATEMENT GREENHOUSE GAS EMISSIONS GREENHOUSE GASES INFRASTRUCTURE DEVELOPMENT IPCC LAND-USE PLANNING LOW CARBON TECHNOLOGIES LOW-CARBON MARGINAL ABATEMENT MARGINAL ABATEMENT COST MARGINAL COST MARGINAL PRICE MARKET FAILURES MOBILITY PORTFOLIO POWER SECTOR PRESENT VALUE PRICE SIGNAL RENEWABLE ENERGY RESOURCE ECONOMICS SCENARIOS SOCIAL COST OF CARBON SUBSTITUTION SUSTAINABLE DEVELOPMENT TAX TEMPERATURE TOTAL ABATEMENT COST TOTAL COST TOTAL COSTS TRANSPORT TRANSPORT SECTOR VEHICLE VEHICLES WASTE
Online Access:	http://documents.worldbank.org/curated/en/2012/08/16563648/inertia-limited-potentials-affect-timing-sectoral-abatements-optimal-climate-policy http://hdl.handle.net/10986/11991

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http://documents.worldbank.org/curated/en/2012/08/16563648/inertia-limited-potentials-affect-timing-sectoral-abatements-optimal-climate-policy
http://hdl.handle.net/10986/11991

How Inertia and Limited Potentials Affect the Timing of Sectoral Abatements in Optimal Climate Policy

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