Modelling climate protection expenditure
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文摘
In this contribution, I introduce the construct of climate protection expenditure in order to link strategies of greenhouse gas emission reduction with macroeconomic variables. In contrast to other studies which have been based on a baseline concept, this study proceeds from a base year concept in order to determine emission reductions and their costs. Climate protection expenditure will be calculated as a regionally differentiated, intertemporal trajectory. This results from a macroeconomic extension of a fuzzy optimization model including a new climate protection cost function. Climate change impacts are considered implicitly within a boundary concept. Then, a climate stabilization scenario based on a control function will be demonstrated; its economic implications and some policy-making aspects will be discussed.
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