Evaluation of the ocean ecosystem: climate change modelling with backstop technology
This paper discusses the economic impacts of climate change, including those on ecosystems, and whether a new backstop technology should be used under conditions of strict temperature targets. Using the dynamic integrated climate-economy (DICE) model, we developed a new model to calculate the optima...
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ftmpra:oai::80549 2023-05-15T17:51:20+02:00 Evaluation of the ocean ecosystem: climate change modelling with backstop technology Tamaki, Tetsuya Nozawa, Wataru Managi, Shunsuke 2017-07-31 application/pdf https://mpra.ub.uni-muenchen.de/80549/ https://mpra.ub.uni-muenchen.de/80549/1/MPRA_paper_80549.pdf en eng https://mpra.ub.uni-muenchen.de/80549/1/MPRA_paper_80549.pdf Tamaki, Tetsuya and Nozawa, Wataru and Managi, Shunsuke (2017): Evaluation of the ocean ecosystem: climate change modelling with backstop technology. Forthcoming in: Applied Energy O33 - Technological Change: Choices and Consequences Diffusion Processes Q43 - Energy and the Macroeconomy Q54 - Climate Natural Disasters and Their Management Global Warming MPRA Paper NonPeerReviewed 2017 ftmpra 2023-04-09T04:58:10Z This paper discusses the economic impacts of climate change, including those on ecosystems, and whether a new backstop technology should be used under conditions of strict temperature targets. Using the dynamic integrated climate-economy (DICE) model, we developed a new model to calculate the optimal path by considering new backstop technologies, such as CO2 capture and storage (CCS). We identify the effects of parameter changes based on the resulting differences in CO2 leakage and sites, and we analyse the feasibility of CCS. In addition, we focus on ocean acidification and consider the impact on economic activity. As a result, when CCS is assumed to carry a risk of CO2 leakage and acidification is considered to result in a decrease in utility, we find that CCS can only delay the effects of climate change, but its use is necessary to achieve strict targets, such as a 1.5C limit. This observation suggests that if the target temperature is too tight, we might end up employing a technology that sacrifices the ecosystem too greatly. Report Ocean acidification Munich Personal RePEc Archive (MPRA - Ludwig-Maximilians-University Munich) |
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Munich Personal RePEc Archive (MPRA - Ludwig-Maximilians-University Munich) |
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ftmpra |
language |
English |
topic |
O33 - Technological Change: Choices and Consequences Diffusion Processes Q43 - Energy and the Macroeconomy Q54 - Climate Natural Disasters and Their Management Global Warming |
spellingShingle |
O33 - Technological Change: Choices and Consequences Diffusion Processes Q43 - Energy and the Macroeconomy Q54 - Climate Natural Disasters and Their Management Global Warming Tamaki, Tetsuya Nozawa, Wataru Managi, Shunsuke Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
topic_facet |
O33 - Technological Change: Choices and Consequences Diffusion Processes Q43 - Energy and the Macroeconomy Q54 - Climate Natural Disasters and Their Management Global Warming |
description |
This paper discusses the economic impacts of climate change, including those on ecosystems, and whether a new backstop technology should be used under conditions of strict temperature targets. Using the dynamic integrated climate-economy (DICE) model, we developed a new model to calculate the optimal path by considering new backstop technologies, such as CO2 capture and storage (CCS). We identify the effects of parameter changes based on the resulting differences in CO2 leakage and sites, and we analyse the feasibility of CCS. In addition, we focus on ocean acidification and consider the impact on economic activity. As a result, when CCS is assumed to carry a risk of CO2 leakage and acidification is considered to result in a decrease in utility, we find that CCS can only delay the effects of climate change, but its use is necessary to achieve strict targets, such as a 1.5C limit. This observation suggests that if the target temperature is too tight, we might end up employing a technology that sacrifices the ecosystem too greatly. |
format |
Report |
author |
Tamaki, Tetsuya Nozawa, Wataru Managi, Shunsuke |
author_facet |
Tamaki, Tetsuya Nozawa, Wataru Managi, Shunsuke |
author_sort |
Tamaki, Tetsuya |
title |
Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
title_short |
Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
title_full |
Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
title_fullStr |
Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
title_full_unstemmed |
Evaluation of the ocean ecosystem: climate change modelling with backstop technology |
title_sort |
evaluation of the ocean ecosystem: climate change modelling with backstop technology |
publishDate |
2017 |
url |
https://mpra.ub.uni-muenchen.de/80549/ https://mpra.ub.uni-muenchen.de/80549/1/MPRA_paper_80549.pdf |
genre |
Ocean acidification |
genre_facet |
Ocean acidification |
op_relation |
https://mpra.ub.uni-muenchen.de/80549/1/MPRA_paper_80549.pdf Tamaki, Tetsuya and Nozawa, Wataru and Managi, Shunsuke (2017): Evaluation of the ocean ecosystem: climate change modelling with backstop technology. Forthcoming in: Applied Energy |
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1766158443081629696 |