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Climate Change Mitigation, Technological Innovation and Adaptation

A New Perspective on Climate Policy Edited by Valentina Bosetti, Professor, Bocconi University, Fondazione Eni Enrico Mattei and Euro-Mediterranean Centre on Climate Change, Carlo Carraro, Ca' Foscari University of Venice, Fondazione Eni Enrico Mattei and Euro-Mediterranean Centre on Climate Change, Italy, Emanuele Massetti, Department of Politics, University of Surrey, UK and Massimo Tavoni, Associate Professor, Department of Management, Politecnico di Milano and Deputy Coordinator, Climate Change and Sustainable Development Research Programme, Fondazione Eni Enrico Mattei (FEEM), Italy
This book presents a rigorous yet accessible treatment of the main topics in climate change policy using a large body of research generated using WITCH (World Induced Technical Change Hybrid), an innovative and path-breaking integrated assessment model.
Extent: 224 pp
Hardback Price: £70.00 Web: £63.00
Publication Date: 2014
ISBN: 978 1 84980 949 8
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  • Economics and Finance
  • Economics of Innovation
  • Environmental Economics
  • Environment
  • Climate Change
  • Energy Economics
  • Environmental Economics
  • Innovation and Technology
  • Economics of Innovation
This book presents a rigorous yet accessible treatment of the main topics in climate change policy using a large body of research generated using WITCH (World Induced Technical Change Hybrid), an innovative and path-breaking integrated assessment model.

The authors give a particular emphasis to the analysis of technological change necessary to build low-carbon economies. The WITCH model can track all of the actions which impact the level of mitigation – such as R&D expenditures, investments in carbon-free technologies and adaptation, purchases of emission permits, or expenditures for carbon taxes – thus allowing for the evaluation of equilibrium responses stimulated by different climate policy tools. The chapters examine various questions to explore the future of climate change policy. Why is it so hard to achieve a global agreement that paves the way to widespread reductions of carbon dioxide and other greenhouse gas emissions? What are the technologies that would deliver clean energy without harming economic growth? And finally, how does uncertainty about future policies and future technologies affect choices in the present?

This innovative book will appeal to researchers, policy makers and academics interested in climate change policy.

‘Climate Change Mitigation, Technological Innovation and Adaptation outlines? ?the complexities associated with addressing climate change including economic structure,? ?technological innovation, and geopolitical willpower. By focusing on global economics, the text? ?considers barriers to climate policy and future energy transformation away from carbon to more? ?renewable sources. . . . Climate Change Mitigation, Technological Innovation and Adaptation provides readers? ?with a detailed evaluation of some of the barriers to progress in terms of addressing the causes? ?and consequences of climate change . . . This book will appeal to academics, researchers, and policy? ?makers interested in climate change policy and applied economics.’
– International Social Science Review
Contributors: V. Bosetti, C. Carraro, E. De Cian, T. Longden, E. Massetti, L. Nicita, F. Sferra, A. Sgobbi, M. Tavoni
Introduction

1. A Climate-Constrained World
Emanuele Massetti

2. Shifting the Boundary: The Role of Innovation
Lea Nicita

3. Getting to Yes
Alessandra Sgobbi

4. Coping with Uncertainty
Massimo Tavoni

5. Climate Policy and the Forestry Sector: The Role of Non-energy Emissions
Valentina Bosetti

6. Adaptation and Mitigation: What is the Optimal Balance?
Enrica De Cian

7. A Focus on the Latest Developments in the Modelling of Mitigation Options
Thomas Longden and Fabio Sferra

8. Conclusions
Emanuele Massetti and Massimo Tavoni

9. Complete List of Publications that Use WITCH

Index