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Report examines costs of climate policies in U.S.


Mar 05, 2021
The researchers compared the potential impacts of the commitments of the 195 parties that signed the Paris agreement (called the Nationally Determined Contribution, or NDC), an unchanged U.S. climate policy, and new policies announced by the Biden administration.
The analysis, U.S. Climate Policy Revisited: Macroeconomic and Distributional Impacts of the Paris Agreement, was conducted using a global computable general equilibrium model ENVISAGE, based on the Global Trade Analysis Project’s data base, and the World Bank’s GIDD microsimulation model to examine economic growth and income distributions.
“Adopting more aggressive climate mitigation policies would result in progressive income distribution, while negative macroeconomic impacts would be very limited,” Chepeliev said. “In addition, the benefits of adopting more stringent mitigation efforts would have a significant positive influence on the environment and health.” ....

New Zealand , France General , Maksym Chepeliev , Department Of Agricultural Economics , World Bank , Agricultural Economics , Israel Osorio Rodarte , Paris Climate Accord , President Biden , Nationally Determined Contribution , Policy Revisited , Distributional Impacts , Paris Agreement , Global Trade Analysis Project , புதியது ஜீலாந்து , பிரான்ஸ் ஜநரல் , உலகம் வங்கி , இஸ்ரேல் ஒஸோரியோ றொடடர்த்தே , பாரிஸ் காலநிலை இசைவு , ப்ரெஸிடெஂட் பிடென் , தேசிய அளவில் தீர்மானிக்கப்படுகிறது பங்களிப்பு , பாலிஸீ மறுபரிசீலனை செய்யப்பட்டது , உலகளாவிய வர்த்தகம் பகுப்பாய்வு ப்ராஜெக்ட் ,