Cornell University
Library
Cornell UniversityLibrary

eCommons

Help
Log In(current)
  1. Home
  2. Cornell SC Johnson College of Business
  3. Charles H. Dyson School of Applied Economics and Management
  4. Applied Economics Research
  5. Dyson School Working Papers
  6. Penn State -Cornell Integrated Assessment Model

Penn State -Cornell Integrated Assessment Model

File(s)
Cornell_Dyson_wp9619.pdf (2.24 MB)
Permanent Link(s)
https://hdl.handle.net/1813/57726
Collections
Dyson School Working Papers
Author
Barron, Eric
Chapman, Duane
Khanna, Neha
Rose, Adam Z.
Schultz, Peter A.
Kasting, James F.
Abstract

In the past decade dynamic geoeconomic climate modelling has been successful in integrating basic relations in macroeconomic growth and climatology. Now physical scientists and economists at The Penn State University and Cornell University propose to link transient annual climate modelling with the greenhouse gas emissions resulting from a macroeconomic-energy model. In climatological terminology, this is a 3-dimensional General Circulation Model with detailed time and geographic data at the 4.5 degree latitude by 7.5 degree longitude level. The integrated model analysis may proceed up to periods with 10-15 times today's CO2 equivalent concentration level. Feedback effects include space heating and cooling energy demand, and natural ecosystem relationships such as CO2 fertilization and terrestrial CH4 release. In the macroeconomic submodel, an augmented Hotelling analysis incorporates long-term depletion with short-term rising market equilibrium values which reflect growing populations and income. Energy demand is explicitly represented by demand functions, as is the possibility of renewable energy, conservation, or nuclear substitution for fossil fuel, as well as the substitution of coal-based energy services for those now provided by petroleum and natural gas. On a detailed regionally disaggregated level, climate change interactions would be studied for agriculture, morbidity and mortality, sea level rise, and income levels. The Framework Convention on Climate Change charges policy makers to find stable greenhouse gas concentrations at a level that would prevent dangerous anthropogenic interference with the climate system. The Penn State-Cornell Integrated Assessment Model would assist in defining those concentration levels, and the national and international policy pathways such as marketable permits or taxation.

Description
WP 1996-19 December 1996
Date Issued
1996-12-01
Publisher
Charles H. Dyson School of Applied Economics and Management, Cornell University
Type
article

Site Statistics | Help

About eCommons | Policies | Terms of use | Contact Us

copyright © 2002-2026 Cornell University Library | Privacy | Web Accessibility Assistance