Title
Simulating emissions intensity targets with energy economic models: algorithm and application
Abstract
Pressure on developing economies to make quantifiable emissions reduction commitments has led to the introduction of intensity based emissions targets, where reductions in emissions are specified with reference to some measure of economic output. The Copenhagen commitments of China and India are two prominent examples. Intensity targets substantially increase the complexity of policy simulation and analysis, because a given emissions intensity target could be satisfied with a range of emissions and output combinations. Here, a simple algorithm, the Iterative Method, is proposed for an energy economic model to find a unique policy solution that achieves an emissions intensity target at minimum economic loss. We prove the mathematical properties of the algorithm, and compare its numerical performance with other methods’ in the existing literature.
Year
DOI
Venue
2017
https://doi.org/10.1007/s10479-015-1927-0
Annals of Operations Research
Keywords
Field
DocType
Energy economic model,Simulation,Climate policy,Emissions intensity target
Mathematical optimization,Climate policy,Economic model,Iterative method,Algorithm,SIMPLE algorithm,Mathematical properties,Mathematics
Journal
Volume
Issue
ISSN
255
1
0254-5330
Citations 
PageRank 
References 
1
0.37
3
Authors
4
Name
Order
Citations
PageRank
yiyong cai110.71
yingying lu210.37
alison stegman310.37
David Newth47722.00