Marginal abatement costs of greenhouse gas emissions: A meta-analysis

By Onno Kuik, Luke Brander, Richard S. J. Tol. 2009

169 citations recorded by the source corpus.

In this paper, we carry out a meta-analysis of recent studies into the costs of greenhouse gas mitigation policies that aim at the long-term stabilisation of these gases in the atmosphere. We find the cost estimates of the studies to be sensitive to the stringency of the stabilisation target, the assumed emissions baseline, the way in which the time profile of emissions is determined in the model, the choice of control variable (CO2 only versus multigas), the number of regions and energy sources in the model and, to a lesser degree, the scientific "forum" in which the study was developed. We find that marginal abatement costs of the stringent long-term targets that are currently considered by the European Commission are still very uncertain but might exceed the costs that have been suggested by recent policy assessments.

Subfields: Economics and Econometrics, Global and Planetary Change, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/383fa15a5cabb8b1e11be6696cf7ccc220502c4c

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Citations in the corpus

Targets for global climate policy: an overview (2013, background): “…Hourcade et al., 1996, 2001); there are the EMF 5 overview papers (Weyant, 1993, 1998, 2004; Weyant et al., 2006; Weyant and Hill, 1999), and there are meta-analyses as well (Barker et al., 2002; Fischer and Morgenstern, 2006; Kuik et al., 2009; Repetto and Austin, 1997; Tavoni and Tol, 2010).”
Update of the handbook on external costs of transport: final report for the European Commission: DG-MOVE (2014, background): “[9]: Link, H. (2009), Marginal cost of road maintenance in Germany, CATRIN - Deliverable D6, DIW, Berlin.”
Estimates of the social cost of carbon: A review based on meta-analysis (2019, result): “integrating the results of existing studies and has beenwidely used in the medical and social sciences (Kuik et al., 2009).”
Counting only the hits? The risk of underestimating the costs of stringent climate policy (2010, methodology): “Essentially, we conduct a meta-analysis (Barker et al. 2002; Fischer and Morgenstern 2006; Kuik et al. 2009; Repetto and Austin 1997) and use the estimated model to impute the missing observations.”
Green growth and climate change: conceptual and empirical considerations (2016, background): “1038/ nature08017 Mishan, E. J. (1967). The costs of economic growth. London: Staples Press. OECD. (2011). Towards green growth. Paris: Organisation for Economic Co-operation and Development. Parry, I., Veung, C., & Heine, D. (2014). How much carbon pricing is in countries’ own interests?. The criti”
Would Border Carbon Adjustments Prevent Carbon Leakage and Heavy Industry Competitiveness Losses? Insights From a Meta-Analysis of Recent Economic Studies (2014, unknown): “Closer to our subject, one can cite two studies on marginal Abatement costs to mitigate climate change, one for all sectors (Kuik et al., 2009) and the other speciﬁc to agriculture (Vermont and De Cara, 2010).”