An economic and environmental assessment of future electricity generation mixes in Japan – an assessment using the E3MG macro-econometric model

Pollitt, Hector; Park, Seung-Joon; Lee, Soocheol; Ueta, Kazuhiro

doi:10.1016/j.enpol.2013.12.018

Cited by 24 publications

(11 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In the context of pursuing climate policy targets for 2020 (the emissions per unit of GDP are required to be reduced by 40% to 45%), a number of economists exceptionally value market-based climate management tools, to strive to minimize the economic costs in realizing the given emission reduction goals. Meanwhile, they have applied various alternative methods to discuss the environmental policy, such as system dynamics model [6], macro-econometric model [7] and computable general equilibrium model [8]. Of these approaches, the Computable General Equilibrium (CGE) model stands out due to its solid theoretical basis and comprehensive model framework.…”

Section: Introductionmentioning

confidence: 99%

The Impacts of Environmental Tax in China: A Dynamic Recursive Multi-Sector CGE Model

et al. 2015

View full text Add to dashboard Cite

Abstract:In recent years, the accumulated environmental problems resulting from excessive usage of fossil fuels have gradually loomed. Thus, an environmental tax, as an important policy tool, has been put on the agenda in China. In this paper, a dynamic recursive multi-sector Computable General Equilibrium (CGE) model is applied to explore the impacts of the environmental tax on China's economy. To comprehensively analyze the impacts, we introduce four kinds of typical contaminants and set two kinds of scenarios: different tax rates and different tax refunds. The results show that the environmental tax is conducive to environmental improvement, but the economic variables are adversely affected, for example, the loss of GDP at the low level tax rate is 0.46%. In order to offset the negative impacts, we presume the government refunds the tax. The results show that this can indeed relieve the negative effects. When the government refunds the production tax and corporate income tax, 0.49% and 0.34% of GDP is relieved by respectively. This paper provides a comprehensive analysis of the implementation of the environmental tax in China and lays a solid foundation for the introduction of the environmental tax.

show abstract

Section: Introductionmentioning

confidence: 99%

The Impacts of Environmental Tax in China: A Dynamic Recursive Multi-Sector CGE Model

et al. 2015

View full text Add to dashboard Cite

show abstract

“…13 E3ME had been successfully applied previously by Cambridge Econometrics to assess energy and climate policies for institutions such as the European Commission [27], the Irish and UK Governments [28], Renewable UK [29]. Other examples of recent applications of E3ME include: [18][19][20][30][31][32][33][34][35][36].…”

Section: Methodsmentioning

confidence: 99%

Measuring the socio-economic footprint of the energy transition

Garcia-Casals¹,

Ferroukhi²,

Parajuli³

2019

Energy Transit

View full text Add to dashboard Cite

The energy system is often treated as a self-contained system, disconnected from the broader socioeconomic structures it is built upon. Understanding the enabling environment and structural elements will help to maximize the benefits of the transition and increase awareness of potential barriers and necessary adjustments along the way. IRENA has developed a methodology to measure the socioeconomic footprint of energy transition roadmaps using the E3ME macro-econometric model, which evaluates the likely impacts in terms of gross domestic product (GDP), employment and human welfare. It is based on well-established historical databases and has a proven track record of policy applications. The presented socioeconomic footprint analysis is based on the IRENA REmap energy transition roadmap 2018 that explores a higher deployment of low-carbon technologies, mostly renewable energy and energy efficiency. The results show that, with appropriate policies in place, reducing over 90% of the energy-related carbon dioxide emissions from the reference case via renewables and energy efficiency coupled with deep electrification of end-uses, results in consistently positive global GDP impacts across the period of analysis from 2018 to 2050. Across the world economy, the transition case leads to a relative increase of employment by 0.14% over the reference case throughout the analysed period from 2018 to 2050. In addition to GDP and employment growth, the energy transition can offer broader welfare gains. However, not all countries and regions around the world benefit equally, and just transition policies must be included to ensure all regions and communities are able to take advantage of the energy transition.

show abstract

“…The actually situations of implementing carbon taxes and emissions trading in different countries have been introduced and analyzed by Sugino et al [22], Pollitt et al [23], Jotzo and Löschel [24], Crossland et al [25], Liu and Lu [13], WorldBank [26]. For instance, UK has participated in EU Emission Trading Scheme (ETS) since 2005 while a carbon price floor (CPF) to tax on fossil fuels used for power generation with US$ 15.75 per ton of CO 2 emission was introduced in 2013.…”

Section: Introductionmentioning

confidence: 99%

The energy price equivalence of carbon taxes and emissions trading—Theory and evidence

et al. 2015

View full text Add to dashboard Cite

An economic and environmental assessment of future electricity generation mixes in Japan – an assessment using the E3MG macro-econometric model

Cited by 24 publications

References 11 publications

The Impacts of Environmental Tax in China: A Dynamic Recursive Multi-Sector CGE Model

The Impacts of Environmental Tax in China: A Dynamic Recursive Multi-Sector CGE Model

Measuring the socio-economic footprint of the energy transition

The energy price equivalence of carbon taxes and emissions trading—Theory and evidence

Contact Info

Product

Resources

About