Ancillary Benefits And Net Costs Of Climate Policies
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| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 2002 |
| Genre | : |
| ISBN | : |
A number of actions to slow atmospheric accumulation of greenhouse gases (GHGs) from fossil fuel use also could reduce conventional air pollutants in the U.S. The benefits that result would be ''ancillary'' to greenhouse gas abatement. Moreover, the benefits would tend to accrue locally and in the near term, while benefits from reduced climate change mostly accrue globally and over a time frame of several decades or longer. A failure to adequately consider ancillary benefits could lead to an incorrect assessment of the ''net costs'' of mitigation policies--that is, the direct cost of climate policy less ancillary benefits that result from those policies--and an incorrect identification of ''no regrets'' levels of GHG mitigation. It also could lead to the choice of a policy that was unnecessarily expensive because of its failure to exploit fully potential ancillary benefits. The focus of this project was on reductions in carbon dioxide that would be achieved in the electricity sector. A detailed model of the electricity sector was extended and used to simulate a variety of policies aimed at reducing GHGs. The output from this model was evaluated using an integrated assessment model to account for atmospheric transport model for secondary particulates stemming from nitrogen oxides (NOx) and sulfur dioxide (SO2) emissions. The resulting changes in atmospheric concentrations of particulates were fed into a health epidemiology model to estimate changes in health status, and these changes were valued in monetary terms using recent studies from environmental and health economics. The project resulted in two types of products. Infrastructure products include the extension of RFF's Haiku electricity market model to be able to accommodate a wide variety of environmental and economic policies. Infrastructure also includes revision to the Tracking and Analysis Framework (TAF), an integrated assessment model of the environmental effects of conventional pollutants. Both models have been employed in ongoing projects that are expected to yield major spin-offs. Published products include a number of conference papers, book chapters, and scholarly manuscripts.
| Author | : Wolfgang Buchholz |
| Publisher | : Springer Nature |
| Total Pages | : 343 |
| Release | : 2019-11-30 |
| Genre | : Business & Economics |
| ISBN | : 3030309789 |
This volume presents new developments in the research on ancillary benefits. Twenty years after the influential OECD report on ancillary benefits, the authors discuss theoretical innovations and offer new empirical findings on various ancillary effects in different world regions. Covering topics such as ancillary health effects associated with reduced air pollution, the influence of ancillary benefits on international cooperation on climate protection, co-effects of carbon capture and storage, ancillary effects of adaptation to climate change, multi-criteria decision analysis covering multiple effects of climate protection actions, and the analysis of primary and ancillary effects within an impure public goods framework, it provides starting points for further research on integrated climate policies seeking to address a range of policy objectives simultaneously.
| Author | : Anil Markandya |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2011 |
| Genre | : |
| ISBN | : |
The benefits of climate policy normally consist exclusively of the reduced impacts of climate change, i.e., the policy's primary aim. Our analysis of benefits of climate policy suggests, however, that researchers and policymakers should also take account of ancillary benefits, e.g., in the shape of improved air quality induced by climate protection measures. A consideration of both, primary and ancillary benefits, has a positive influence on global climate protection efforts, e.g., because the regional impact of ancillary effects attenuates easy-riding motives of countries with respect to their provision of climate protection. In this article, we analyze the nature of ancillary benefits, present an overview of European assessment studies and explain possible methods to estimate ancillary benefits. Main differences between primary and ancillary benefits are pointed out. Furthermore, we stress the major influences of ancillary benefits on climate policy. Finally, we present one of the first models integrating primary and ancillary benefits. By this model quantitative results are calculated with respect to ancillary benefits in the UK considering different greenhouse gas (GHG) control levels. It is observed that the ancillary benefits could cover about 4 percent of the full GHG reduction cost.
| Author | : David William Pearce |
| Publisher | : |
| Total Pages | : 53 |
| Release | : 2000 |
| Genre | : Climatic changes |
| ISBN | : |
| Author | : Stephen P. Holland |
| Publisher | : |
| Total Pages | : 26 |
| Release | : 2010 |
| Genre | : Economics |
| ISBN | : |
Climate policy spillovers can be either positive or negative since firms change their production processes in response to climate policies, which may either increase or decrease emissions of other pollutants. Understanding these ancillary benefits or costs has important implications for climate policy design, modeling, and benefit-cost analysis. This paper shows how spillovers can be decomposed into output effects (which have ancillary benefits) and substitution effects (which may have ancillary benefits or ancillary costs). The ambiguous net effect highlights the importance of polluters' responses to climate policy. I then test for climate policy spillovers in electricity power generation. The estimates are consistent with ancillary benefits from climate policy arising primarily from reductions in output (primarily at older plants) rather than from changes in emissions rates -- National Bureau of Economic Research web site.
| Author | : National Academies of Sciences, Engineering, and Medicine |
| Publisher | : National Academies Press |
| Total Pages | : 281 |
| Release | : 2017-06-23 |
| Genre | : Science |
| ISBN | : 0309454204 |
The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 583 |
| Release | : 2000-10-25 |
| Genre | : |
| ISBN | : 9264188126 |
This workshop proceedings discusses ancillary effects of greenhouse gas mitigation.
| Author | : Asian Development Bank |
| Publisher | : Asian Development Bank |
| Total Pages | : 175 |
| Release | : 2017-03-01 |
| Genre | : Business & Economics |
| ISBN | : 9292577646 |
Project economic analysis is a tool used by the Asian Development Bank (ADB) to ensure that ADB operations comply with its Charter. The guidelines in this publication are a revised version of the 1997 edition. The revision responds to the changing development context and ADB operational priorities, and aims to address the recommendations of the ADB Quality-at-Entry Assessments for more methodological work on project economic analysis. The revised guidelines provide general principles for the conduct of project economic analysis, and should be read together with handbooks, technical reports, and other reference materials published by ADB dealing with sector-specific project economic analysis in detail.
| Author | : Walter Leal Filho |
| Publisher | : Springer |
| Total Pages | : 900 |
| Release | : 2019-11-10 |
| Genre | : Science |
| ISBN | : 9783319958842 |
The problems related to the process of industrialisation such as biodiversity depletion, climate change and a worsening of health and living conditions, especially but not only in developing countries, intensify. Therefore, there is an increasing need to search for integrated solutions to make development more sustainable. The United Nations has acknowledged the problem and approved the “2030 Agenda for Sustainable Development”. On 1st January 2016, the 17 Sustainable Development Goals (SDGs) of the Agenda officially came into force. These goals cover the three dimensions of sustainable development: economic growth, social inclusion and environmental protection. The Encyclopedia of the UN Sustainable Development Goals comprehensively addresses the SDGs in an integrated way. It encompasses 17 volumes, each one devoted to one of the 17 SDGs. This volume addresses SDG 13, "Take urgent action to combat climate change and its impacts", and contains the description of a range of terms, which allows a better understanding and fosters knowledge. Climate change is a threat to development with unprecedented impacts. Urgent action to combat climate change and development of integrated strategies on climate change mitigation and adaptation and sustainable development are critical for a sustainable future. Concretely, the defined targets are: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries Integrate climate change measures into national policies, strategies and planning Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning Implement the commitment undertaken by developed-country parties to the United Nations Framework Convention on Climate Change to a goal of mobilizing jointly $100 billion annually from all sources to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation and fully operationalize the Green Climate Fund through its capitalization as soon as possible Promote mechanisms for raising capacity for effective climate change-related planning and management in least developed countries and small island developing states, including focusing on women, youth and local and marginalized communities Editorial Board Anabela Marisa AzulDragan NonicFederica DoniJeff BirchallLuis R. VieiraSilvia Serrao NeumannUlisses Azeiteiro/div
| Author | : National Research Council |
| Publisher | : National Academies Press |
| Total Pages | : 526 |
| Release | : 2011-01-10 |
| Genre | : Science |
| ISBN | : 0309145880 |
Climate change is occurring, is caused largely by human activities, and poses significant risks for-and in many cases is already affecting-a broad range of human and natural systems. The compelling case for these conclusions is provided in Advancing the Science of Climate Change, part of a congressionally requested suite of studies known as America's Climate Choices. While noting that there is always more to learn and that the scientific process is never closed, the book shows that hypotheses about climate change are supported by multiple lines of evidence and have stood firm in the face of serious debate and careful evaluation of alternative explanations. As decision makers respond to these risks, the nation's scientific enterprise can contribute through research that improves understanding of the causes and consequences of climate change and also is useful to decision makers at the local, regional, national, and international levels. The book identifies decisions being made in 12 sectors, ranging from agriculture to transportation, to identify decisions being made in response to climate change. Advancing the Science of Climate Change calls for a single federal entity or program to coordinate a national, multidisciplinary research effort aimed at improving both understanding and responses to climate change. Seven cross-cutting research themes are identified to support this scientific enterprise. In addition, leaders of federal climate research should redouble efforts to deploy a comprehensive climate observing system, improve climate models and other analytical tools, invest in human capital, and improve linkages between research and decisions by forming partnerships with action-oriented programs.
