SkyShares: Modelling the Economic Implications of a Future Global Emissions Budget. Center for Global Development. Owen Barder, Alex Evans, and Alice Lépissier. September 22, 2015.
The SkyShares model enables users to relate a target limit for temperature change to a global emissions ceiling; to allocate this emissions budget across countries using different policy rules; and then uses estimated marginal abatement costs to calculate the costs faced by each country of decarbonising to meet its emissions budget, with the costs for each country depending in part on whether and how much carbon trading is allowed. It therefore allows policy-makers to explore a range of different policy scenarios. The paper uses the SkyShares model to explore one such scenario in detail. [Note: contains copyrighted material].
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