Climate policy impacts : an endogenous optimization model and the regional greenhouse gas initiative

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245 10|aClimate policy impacts : an endogenous optimization model and the regional greenhouse gas initiative
246 3 |a|a
100 1 |aRosenquist, Jaclyn|ecreator
700 1 |aJohnson, Daniel|ethesis advisor
700 1 |a|ecommittee member
710 2 |aEconomics and Business|esponsor
710 2 |aColorado College|edegree grantor
046 |k2014-05
260 |aColorado Springs, Colorado|bColorado College|c2014-05|g2014-05
655 7|athesis|2marcgt
300 |a52 pages : illustrations (some color)
520 |aWith the growing concern about climate change, integrated impact assessment models (IAMs) have been developed to assess climate mitigation policies. Previous attempts to endogenize technology into regional climate policy models have assumed learning-by-doing or include a single energy sector. This study corrects for the previous limitations in a regional model of the United States and the rest of the world. A backstop technology and knowledge spillovers are added to the model to improve the model’s capacity to simulate a real policy. Each specification is then simulated under no policy (business as usual), an optimal policy, and restrictions of emissions back to 1995 levels. Since the United States has refused to ratify the Kyoto Protocol, it is particularly important to evaluate climate policies specific to the United States, like the Regional Greenhouse Gas Initiative (RGGI). This study also aims to evaluate the effectiveness the RGGI by modeling permit-funded R&D in the energy sector.
500 |a
500 |aThe author has given permission for this work to be deposited in the Digital Archive of Colorado College.
500 |aIncludes bibliographical references.
500 |aB.A.
500 |abachelor
650 1 |a
651 |aUnited States
650 |a
600 1 |a
610 2 |a
610 2 |aRegional Greenhouse Gas Initiative
655 7|a
540 |aCopyright restrictions apply.
506 |a
856 |uhttp://hdl.handle.net/10176/coccc:9794
500 |aColorado College Honor Code upheld.
650 1 |aClimatic changes
650 1 |aClimate change
650 1 |aEndogenous technological change
650 1 |aResearch and development projects
650 1 |aR&D
650 1 |aResearch