A climate treaty and the Norwegian economy: A CGE assessment

Journal Article · Sat Dec 31 04:00:00 EST 1994 · Energy Journal

DOI:https://doi.org/10.5547/ISSN0195-6574-EJ-Vol15-No1-5· OSTI ID:226826

Brendemoen, A; Vennemo, H ^[1]

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1. Statistics Norway, Oslo (Norway)

This paper examines the impact of an international climate treaty on a single country-Norway. A disaggregate computable general equilibrium (CGE) model is used. We discuss the treaty`s effects on main macroeconomic indicators, economic growth, distributional impacts, the impact on pollutant emissions other than CO{sub 2}, and the secondary benefits of this reduction. The results suggest that CO{sub 2} emissions will decrease compared to the current level. The distributional impacts are modest. Increases in secondary benefits recoup almost one half of the loss in private consumption. We characterize the uncertainty of this estimate. 21 refs., 4 figs., 6 tabs.

• Sponsoring Organization: USDOE
• OSTI ID: 226826
• Journal Information: Energy Journal, Journal Name: Energy Journal Journal Issue: 1 Vol. 15; ISSN ENJODN; ISSN 0195-6574
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
DIAGRAMS
ECONOMIC IMPACT
ECONOMY
INTERNATIONAL AGREEMENTS
MATHEMATICAL MODELS
NORWAY