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Despite the inextricable link between oil scarcity and climate change, the interplay between these two issues is paradoxically an underworked area. This article uses a global energy-economy model to address the link between future oil supply and climate change and assesses in a common framework...
Persistent link: https://www.econbiz.de/10010723295
A hybrid framework coupling the bottom-up energy sector WEM model with the top-down general equilibrium model IMACLIM-R is implemented to capture the macroeconomic feedbacks of Chinese and Indian economic growth on energy and emissions scenarios. The iterative coupling procedure captures the...
Persistent link: https://www.econbiz.de/10010723308
Peak Oil refers to the future peak of world oil production and its impact on the economy. We assess its date, level and economic consequences using the general equilibrium model Imaclim-R. This framework captures the technical, geopolitical and macroeconomic determinants of Peak Oil, which...
Persistent link: https://www.econbiz.de/10010723341