Simulations-2: Split of the total budget according to different equity rules
Description: Apply a set of equity rules, like "grandfathering", "population", C&C, or mixtures of these rules to obtain different splits of the total amount of 519 GTC among the different coalitions.
Results obtained: summarized by the following figure
Model used: TIAM / WITCH.
Click here to go to the interactive scenario exploration page
Simulations-3: Global emission schedules and carbon prices.
Description: Global emissions and carbon prices, per period, for each of the different scenarios.
Results obtained: summarized by the following figures
Equilibrium total emissions in Mt of Carbon equiv
Equilibrium carbon prices according to different equilibrium solutions in $ per ton of carbon
Model used: OBOT / GEMINI-E3.
Click here to go to the GHG World Emissions (in GT equiv carbone) interactive scenario exploration page
Click here to go to the CO2 Taxes (in dollar per Ton of CO2)interactive scenario exploration page
Simulations-4: Welfare gains or losses.
Description: Discounted sum of surplus / discounted sum of household consumption for each coalition.
Results obtained: summarized by the following figures
Welfare gains or losses for different equilibrium solutions
Model used: OBOT / GEMINI-E3.
Click here to go to the interactive scenario exploration page
Simulations-5: A welfare gains balancing split.
Description: Search for a split of the global safety emissions budget which minimizes the maximum of welfare losses among different coalitions.
Results obtained: summarized by the following figures
Allocation which tends to equalize surplus losses in % of Household Final Consumption:
Split of total budget
Welfare gains or losses for different equilibrium solutions
Model used: OBOT / GEMINI-E3.
Click here to go to the interactive scenario exploration page