Fairness in climate negotiations: a meta-game analysis based on community integrated assessment

Haurie, Alain; Babonneau, Frederic; Edwards, Neil; Holden, Philip; Kanudia, Amit; Labriet, Maryse; Pizzileo, Barbara and Vielle, Marc (2015). Fairness in climate negotiations: a meta-game analysis based on community integrated assessment. In: Bernard, Lucas ed. The Oxford Handbook of the Macroeconomics of Global Warming. New York: OUP USA, pp. 170–203.

URL: http://ukcatalogue.oup.com/product/9780199856978.d...

Abstract

This article deals with the problem of fair sharing of a safety cumulative emissions budget up to 2050. Using climate models one may infer the temperature change due to different possible emission pathways provided by world techno-economic models. The negotiations can concentrate then on the fair sharing of the resulting budget. We use two different integrated assessment models. The first is based on TIAM-WORLD, a detailed bottom-up energy model, coupled with the climate model PLASIM-ENTS. Here the supply of quotas on the emissions trading market is decided by a benevolent planner who tries to achieve a fair sharing. In the second approach based on GEMINI-E3, a computable general equilibrium model also coupled with PLASIM-ENTS, the supply of quotas is decided strategically by the regions in- volved in the negotiations. In conclusion the article compares the results and infers some “robust” recommendations concerning the forthcoming negotiations at the next conferences of the parties.

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