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Book Chapter

Cooperative and non-cooperative multi-actor strategies of optimizing greenhouse gas emissions

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Hasselmann,  Klaus
MPI for Meteorology, Max Planck Society;

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Citation

Hasselmann, K. (1999). Cooperative and non-cooperative multi-actor strategies of optimizing greenhouse gas emissions. In H. von Storch (Ed.), Anthropogenic climate change (pp. 209-256). Berlin u.a.: Springer-Verlag. doi:10.1007/978-3-642-59992-7_7.


Cite as: https://hdl.handle.net/21.11116/0000-0008-975F-4
Abstract
A simple Structural Integrated Assessment Model (SIAM) consisting of a linearized impulse response climate model coupled to an economic model is applied to the determination of optimal CO2 emission paths that minimize the time integrated sum of climate change impact and mitigation costs. The impulse response climate model is calibrated against state of the art three dimensional carbon cycle and coupled ocean-atmosphere general circulation models. The economic module consists of simple expressions for the climate change impact and emission abatement costs, with some additional cost terms parameterizing the inertia of the economic system.