Title:
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Identifying strategies for mitigating the global warming impact of the EU-25 economy using a multi-objective input-output approach
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Author:
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Cortés Borda, Daniel Enrique; Ruíz Hernández, Antonio; Guillén Gosálbez, Gonzalo; Llop Llop, Maria; Guimerà Manrique, Roger; Sales Pardo, Marta
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
Abstract:
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Global warming mitigation has recently become a priority worldwide. A large body of literature dealing with energy
related problems has focused on reducing greenhouse gases emissions at an engineering scale. In contrast, the
minimization of climate change at a wider macroeconomic level has so far received much less attention. We
investigate here the issue of how to mitigate global warming by performing changes in an economy. To this end, we
make use of a systematic tool that combines three methods: linear programming, environmentally extended input
output models, and life cycle assessment principles. The problem of identifying key economic sectors that contribute
significantly to global warming is posed in mathematical terms as a bi criteria linear program that seeks to optimize
simultaneously the total economic output and the total life cycle CO2 emissions. We have applied this approach to
the European Union economy, finding that significant reductions in global warming potential can be attained by
regulating specific economic sectors. Our tool is intended to aid policymakers in the design of more effective public
policies for achieving the environmental and economic targets sought. |
Publication date:
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2014 |
Subject (UDC):
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33 - Economia 504 - Ciències del medi ambient |
Subject(s):
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Escalfament global Unió Europea, Països de la Canvis climàtics -- Aspectes econòmics -- Unió Europea, Països de la |
Rights:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
Pages:
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40 p. |
Document type:
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Working Paper |
Published by:
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Universitat Rovira i Virgili. Departament d'Economia
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Collection:
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Documents de treball del Departament d'Economia;2014-25
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