1 / 4

Climate change policy :gaps in economic analysis

Climate change policy :gaps in economic analysis. Adrian Macey, Institute of Policy Studies, VUW, March 2012. Current policy needs. Target – NZ carbon budget 2013-2020? NB framed more as “what pace should NZ transform its economy” and less as “what is our fair share” Market mechanisms

calix
Télécharger la présentation

Climate change policy :gaps in economic analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Climate change policy :gaps in economic analysis Adrian Macey, Institute of Policy Studies, VUW, March 2012

  2. Current policy needs • Target – NZ carbon budget 2013-2020? • NB framed more as “what pace should NZ transform its economy” and less as “what is our fair share” • Market mechanisms • ETS linking • New mechanisms • Carbon leakage and competitiveness. • Global food production

  3. How economics can contribute • Cost of NZ targets • On whole of economy • By sector • Include dynamic effects • Include counterfactuals • Competitiveness and carbon leakage effects on NZ- all sectors –under different scenarios • Agriculture • Metrics (under way) • Basket of gases? Separate treatment for methane? • Global food production and consumption modelling – economics of food production in NZ • Mitigation potential

  4. How economics can contribute(2) • Carbon markets • Effects of limiting supply (restrictions on carry-over, on CDM etc, or on percentage of obligations that can be met through the market) • Optimum carbon price • Design of new market mechanisms • A Stern review for New Zealand?

More Related