Scenario simulations

Different levels of R&D collaboration

Scenario 1: First Best scenario (a globally cost efficient strategy).

Description: limitation of the radiative forcing to 3.5 W/m2

Model used: TIAM / GEMINI-E3.

Click here to go to the interactive scenario exploration page

Scenario 2: Climate Agreement Limited to the Energy Intensive Industries

Description: Agreement Limited to the Energy Intensive Industries (EEI) with Radiative forcing Target same as in scenario 1. In developed countries (OECD), the carbon tax is applied to all sectors (same as 1). In developing countries (non-OECD) the carbon tax is applied only to EEI (including Electricity), the aim is to penalize not so much household (residential and transport energy) and limit the loss of competitiveness of developed countries.

Model used: TIAM / GEMINI-E3.

Click here to go to the interactive scenario exploration page

Scenario 2b: Climate Agreement Limited to the Electricty generation.

Description: Agreement Limited to the Electricity generation with Target same as in 1. In developed countries, the carbon tax is applied to all sectors (same as 1). In developing countries the carbon tax is applied only to Electricity.

Model used: TIAM / GEMINI-E3.

Click here to go to the interactive scenario exploration page