This paper uses the MERGE integrated assessment model to identify the least-cost mitigation strategy for achieving a range of climate policies. Mitigation is measured in terms of GDP foregone. This is not a benefit-cost analysis. No attempt is made to calculate the reduction in damages brought about by a particular policy. Assumptions are varied regarding the availability of energy-producing and energy-using technologies. We find pathways with substantial reductions in temperature change, with the cost of reductions varying significantly, depending on policy and technology assumptions.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/trade-offs-between-mitigation-costs-and-temperature-change
[2] http://admin.indiaenvironmentportal.org.in/category/author/geoffrey-blanford
[3] http://admin.indiaenvironmentportal.org.in/category/author/james-merrick
[4] http://admin.indiaenvironmentportal.org.in/category/author/richard-richels-et-al
[5] http://admin.indiaenvironmentportal.org.in/category/journal/climatic-change
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-mitigation
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-capture-and-storage
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emission-targets
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/developing-countries
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nuclear-energy
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[16] http://admin.indiaenvironmentportal.org.in/category/thesaurus/china