Mitigation Policies for the Paris Agreement: An Assessment for G20 Countries

Parry, Ian; Mylonas, Victor; Vernon, Nate

doi:10.2139/ssrn.3257359

Cited by 7 publications

(9 citation statements)

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“…Fourth, the model assumes flat (perfectly elastic) supply curves, an absence of general equilibrium effects, and no changes in international fuel prices that might result from multiple countries introducing mitigation policies at the same time. See also further discussion of these issues in IMF (2019b) and Parry, Mylonas, and Vernon (2021).…”

Section: H a R T I N G T H E C O U R S E To A N E W N O R M A Lmentioning

confidence: 99%

“…These consist of the monetized social benefits from CO 2 emissions reductions under the simulated carbon tax, at a social cost of carbon of approximately real 2021 $47 per ton CO 2 equivalent in 2019, growing at approximately an annual rate of 4 percent to reach approximately real 2021 $72 per ton of CO 2 equivalent in 2030. 18 SeeParry, Black and Vernon (2021),Parry, Mylonas and Vernon (2021),Parry et al (2014) as well asParry and Small (2005) for further information on the underlying definitions and calculations of the components shown in Figure2.13.…”

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confidence: 99%

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Reshaping Norms: A New Way Forward

2022

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Some rights reserved 1 2 3 4 25 24 23 22This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.

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Section: H a R T I N G T H E C O U R S E To A N E W N O R M A Lmentioning

confidence: 99%

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confidence: 99%

Reshaping Norms: A New Way Forward

2022

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“…The impact of a $25 per ton carbon tax on the prices of coal, electricity, gasoline, natural gas, and other fuel products, ρ energy,c , is calculated using the IMF tool spreadsheet model from IMF (2019c). For further details on the methodology, please see Parry, Mylonas, and Vernon (2018). We assume a full pass-through in the energy sector in estimating the cost increase from carbon taxation.…”

Section: Vietnammentioning

confidence: 99%

Fiscal Policies to Address Climate Change in Asia and the Pacific

Dabla‐Norris

Daniel²,

Nozaki³

et al. 2021

Departmental Papers

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“…Since 2016, the G20 has made the Paris Agreement the cornerstone of cooperation and coordination. Parry et al (2018) studied how the G20 priced a carbon tax in response to the Paris Agreement and actively promoted low-carbon policies. According to the Intergovernmental Panel on Climate Change ' IPCC Special Report on Global Warming 1.5 °C ', since the introduction of ' carbon neutrality ', the G20 countries have continued to carry out carbon neutrality actions.…”

Section: Introductionmentioning

confidence: 99%

Driving Factors of Carbon Emissions in G20 Countries: A Weighted Average Structural Decomposition Approach

Xia

2023

Preprint

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As a major part of global development governance, G20 countries ' carbon emissions account for 80 % of global carbon emissions. In order to achieve the "carbon neutrality" goal proposed by the United Nations, it is important to compare and analyze the driving factors of carbon emissions in G20 countries and provide suggestions for their carbon elimination. Based on the carbon emission input-output data of seventeen countries out of G20 in the EORA database, this paper compares the driving factors of carbon emissions between the countries from 1990 to 2016 using the weighted average structural decomposition and K-mean model. This paper focus on four driving factors including carbon emission intensity, final demand structure, export structure and production structure. The carbon emission intensity and final demand structure are the main factors of carbon emission reduction and the other two factors have little effect. In G20 countries, Italy was in the first category because it does best on the final demand structure factor, however Australia is in the last category because it does not make full use of four factors. Therefore, the development of energy-saving technologies and adjustment of demand structure has become an important means for countries to transform and achieve carbon neutrality.

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Mitigation Policies for the Paris Agreement: An Assessment for G20 Countries

Cited by 7 publications

References 0 publications

Reshaping Norms: A New Way Forward

Reshaping Norms: A New Way Forward

Fiscal Policies to Address Climate Change in Asia and the Pacific

Driving Factors of Carbon Emissions in G20 Countries: A Weighted Average Structural Decomposition Approach

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